Tape Reading Time Frame

Discussion in 'Trading' started by carltonp, Sep 28, 2011.

  1. Hello Traders,

    I read somewhere on this forum that tape reading is best suited to longer time frames. I typically trade 2 min time frame and I find that Tape Reading with Market Delta isn't adding any benefit. I think its because you really can't get a feel of volume in terms of bid / ask in such small time frames.

    Before I go full steam ahead into Tape Reading with Market Delta can I get the opinions on you learned gents/ladies on Tape Reading over small time frames?

    Cheers

    Carlton