forgive me my stupidity

I do not seem to understand correctly what is reaction and exhaustion
in my understanding exhaustion is the lack of transactions (in current moment)
points 3, 4, 4 ", 5, 7 is exhaustion, there is no increase in volumes

You say LACK of transactions?

give me please some examples to learn how to think in terms of transactions.

in my understanding the reaction is the subsequent movement after the prints
for example, 1 reaction up, 2 down, 4.6 up ..

@bloom, I posted this elsewhere but leaving this here as you follow Dr Hawkins. After using path to surrender, I came across another beautiful work by Michael Singer, essence is the same but offers another perspective. Checkout The untethered soul if you havnt already, beautiful work. Audio version is a pleasure to listen too.

https://www.amazon.com/Untethered-Soul-Journey-Beyond-Yourself/dp/1572245379/ref...ords=the+untethered+soul

Hello from Russia. Say thank you Google translator for meaning. I myself with the English at the dog. Woof woof.
In any case, glad to share experience with overseas counterparts. If you like the post, do not bother, write a response.
Your Alex.

In this topic I want to talk about the tape prints. If there is to say, welcome)))


On the color tape you see, in addition to warrants themselves and their speed, their direction. Have a warrant for BID or they were on ASK. This additional information can you shoot down and confused at first. Therefore, to start learning tapes look better monochrome prints.
Also for the beginning of the study tapes do not need to look at the limit orders. All you need is to look at the tape. Only one tape, and nothing more.
When you look monochrome ribbon, you will see how it behaves in important places and important prices. Important price is such a mark as HLOC previous few days, gaps, HLOC the current day. When the market comes to these marks, carefully watch the tape.
What did you see on it? Since the tape is one-color, you will not see if there were warrants for ASK or BID. Everything you see is the size of orders, and whether they are dense flow, compressed in time. There will also be visible to the tape speed. Whether it moves quickly and, consequently, there is a large flow of orders, and good volume. Or whether it moves slowly and in spurts, with pauses, which means that large order flow is not tight, and that low volume.

Important information given location and price, on which there are large prints. Depending on the context of prints will mean different things in different situations. Typically, the large value have large prints in the upper and lower price points.
For example, if there was a strong upward movement, and there are large prints at the top, then there is a high probability of rollback, and then roll back large prints at the top to mention the continuation of the movement. Same is true for downward movement. These situations a lot and need to know these laws. The same prints in different situations will mean different things.

Remains unchanged a universal mechanism or a chain, we need to work out. It prints and market reaction to them. Depending on the response we make a trade. Nothing else.
At the heart of any mining reactions are a few items.
The first and most important is the large prints, without which we can not begin to act at all.
The second element is the reaction itself, which may consist of both the pros and public reaction, and just from the reaction of the public. When the reaction of profies and the public, then you will see large and small prints together in most cases. When the reaction of the public, then you'll see in most cases, only small prints. Typically, the reaction is mixed, as many participants, but it can be classified by the share of large and small prints. If there are small, the reaction of public. And vice versa.
Reactions may be strengths and weaknesses. It is easiest to make money on a strong reaction. Strong reaction is accompanied by rapid ribbon and a large contract.

The only way that I have seen the Tape used successfully, is by watching the Tape at Critical Support / Resistance Levels.
If you see Selling at Support level, the price my break down . If you see Lots of big buyers at Resistance, the price may break up. You could also use the NYSE TICK at S/R Levels for the same idea

The only way that I have seen the Tape used successfully, is by watching the Tape at Critical Support / Resistance Levels.
If you see Selling at Support level, the price my break down . If you see Lots of big buyers at Resistance, the price may break up. You could also use the NYSE TICK at S/R Levels for the same idea