Can you read my Tape?

Discussion in 'Technical Analysis' started by MarkBrown, Jun 11, 2008.

  1. MarkBrown

    MarkBrown

    Can you trade without any charts? I have developed several tapes for myself based off my relationship with the markets :)

    like many relationships the market has it's ups and downs but if you commit to making it work and settle down into a routine then you start to have confidence.

    tape development and reading has allowed me to gain a confidence of what the market is doing without looking at charts. i have been able to put my emotions aside and look at the facts.

    market profile is another way of doing just the same thing. if more traders would start looking at the numbers instead of the charts then i think they might do much better at keeping a level head in battle.

    http://yafeu.com/stan/spband.html

    Mark Brown