Ive decided to become the traders best friend and tell all on these pages right here today. Now I anticipate that this will cause a few elements in society to discredit me but this information IS PUBLIC DOMAIN and cant be construed in any way as a hostile act. First tape reading.... Price is the only important constituent in trading. All other indicators dont work... Tape reading explains price action thusly: " A series of higher lows and lower highs." What does this mean... Well its a little difficult to demonstrate but as im sick of all the BS about trading on these pagesIll try and elaborate. Lets take 1 minute euro in the spot not fuutres market as an example. This to me is one of the very best markets for scalping because it trends so well even on a one minute time frame. To see what im talking about you should become familiar with this link : http://www.dailyfx.com/charts/Chart.html?symbol=EUR/USD By clicking this link and selecting one minute time frame you can use the zoom function to zero in on individual trades and see how the tape functions. Ill elaborate more on how to use theis information to tape read the price but for now Ill tell you that a cover story for what tape reading ISNT would be to say that you sit and watch the time and sales and try to get in front of big orders or some crap like that. This is wrong.