Price Action Room – Tape Reading Explained

So I was sitting here this evening, looking at this blank field in the shopping cart editor, hands poised over the keyboard, thinking to myself: “What could I do to truly help people learn the art of tape reading? What kind of special could I put together that would advance their skills by 5 or 6 years in a few short months? What does a person need today to succeed as a trader for years to come?” As I pondered the options, I came to the conclusion that an aspiring trader would need the following items, so I began to type: 1. The Jigsaw Time & Sales – you know the one we introduced to the world in 2011 – the algorithm recalculates the incoming data and regroups the executions back into the original orders. No more guessing about the quant firms and HFT’s who are placing orders worth several hundred million dollars just to see if anyone nibbles. Are they here? Are they going to get me? Can I follow them? No more wondering about whether it’s a bunch of little onesies-twosies placing the orders. See when the big boys are acting and when they are sitting on their…