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Tape readig notes 

Though from different websites.
Tape reading to me is looking at the price and volume in relation to time. Time is a very important factor and can only really be 'felt' though experience of many hours of tape reading.

For example, tape reading a possible reversal is when you see a lot of trades happening with heavy volume in a very short period of time and the price is moving quickly in one direction. When the price pauses but there is still heavy volume in a short time, it indicates to me that the reversal is about to unfold.

To further tape reading that move, the price then has to reverse strongly on heavy volume without pausing. It should be that very few people were able to get a transaction at that great price. If the price pauses and everyone is able to buy at that 'great price' then that price isn't that great and instead of a reversal, it's likely a consolidation before continuing with the original trend.
Tape:
- show the best price a security was bought/sold at that given time.
- the reading tape is another technic to understand the trend of a stock
- buy order is executed at inside ask price. most times green print.
- sale order




*look at volume candle bar, the more volume comes in more buyers will come in,
- IDXG 1min candle bars avg 400k+ on August 16, 2017
- MBRX 1 min candle avg 500k June 21, 2017


*look at bid size, big size bid shows on tape red and desipear from level2 but the price instead moving up is moving down
that could be an indication of a trend reversal.

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