Reading The Tape. Interpret is the best way of describing how you need to approach your relationship with the time and sales window. Web tape reading is an old technique that day traders used to analyze the price and volume of a given stock.
Tape Reading YouTube
Web in this video we learn how reading the tape and can be used as an effective trading indicator. Using the tape you are able to gauge players psychology and imbalances in supply and demand. Your thesis is the stock is gapping up too much on the news. Web reading the tape staring at chart patterns can only take you so far. To us this means you want to see heaviness on the tape. Many traders know about the hundreds of indicators readily available on most trading platforms, but very few have an idea of how to read and interpret the tape. Your trading pattern is a squeeze on the open and a top put in. If you don't understand how actual trading takes place, then you'll be at a natural disadvantage to those that know the dark arts. what is the tape? for me, reading the tape consists of two things: You want to see resistance on the tape. From roughly the 1860s through the 1960s, stock prices were transmitted over telegraph.
Web tape reading is an old technique that day traders used to analyze the price and volume of a given stock. Using the tape you are able to gauge players psychology and imbalances in supply and demand. Interpret is the best way of describing how you need to approach your relationship with the time and sales window. If you don't understand how actual trading takes place, then you'll be at a natural disadvantage to those that know the dark arts. what is the tape? for me, reading the tape consists of two things: Web time and sales, also known as “the tape”, is a record of all stock transactions throughout the day and typically includes trade size, price and time of trade. Say you wanted to fade nlsn on the open for a gap, squeeze and fail playbook trade. Web tape reading is the art of studying pure and magnified price action real time based on the level ii box. To us this means you want to see heaviness on the tape. You want to see resistance on the tape. Reading the tape is a leading indicator, not like charts and indicators where they are based on past data. Your thesis is the stock is gapping up too much on the news.
