Trade by Tape Reading | Forex Factory

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Trade by Tape Reading

  • #1
  • First Post: May 13, 2006 3:30pm May 13, 2006 3:30pm
Trade by Tape Reading

Hi.
Does anyone know if there's any good sources/resources which teaches people how to trade from Level 1 &/or 2 quotes; Time & Sale?

Thank you.
  • #2
  • Last Post: May 16, 2006 5:06am May 16, 2006 5:06am
At one time, you could download an applet from Nasdaq that showed orders and prices in real time, thats how I learned tape reading. I don't know if there is any other way of learning tape reading, other than experience. I would suggest just watching the numbers instead of the chart for awhile and you will evenually catch on. Its really not that hard.
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