What is tape reading ?? | Traders Hideout


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What is tape reading ??

  #18 (permalink)

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When I say Depth of Market I'm talking about the screen that only shows pending limit orders. When I say Time and Sales, I'm talking about the screen that only shows the history of executed orders at the bid or ask.

I've never heard Price Action defined as "prints of orders", but I certainly don't see anything wrong with it. From my neck of the woods, Price Action has always been the behavioral patterns of the bars printing on our charts.

Ok thanks so vocabulary is the same.


Then why do you say that T&S can be deceiving? As you say price never lies.

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