Volume Price Analysis: Tape Reading

Name: Volume Price Analysis: Tape Reading
Rating: 4.0 (32 reviews)

Talking With The Ticker Tape

Created bySchool Of Investing

Last updated 1/2021

English

What you'll learn

In this course students will learn how to tape read or analyse level one volume.
Students we also learn how to trade in the absence of a chart using exclusively volume and price.

Course content

2 sections • 6 lectures • 2h 6m total length

Introduction14:00
In this lecture I introduce you to the course and raise awareness on the pitfalls in the business of trading and why this is the best path for you.

Accessing The Raw Data16:26
In this lecture I show you how you can access the raw data to begin your analysis, if you are using another platform besides MT4, this data will normally available with the vendor. You will learn how to extract it and put it on a spreadsheet in a simple step.
How To Baseline Your Data15:32
In this section I teach you some basic skills on baselining data. This is a rather subjective area but by following this simply logic you will be able to create a simple baseline for most data sets. This is an effective method and you will soon be ready to tape read.
The Need To Know Basics Of Tape Reading Volume27:19
In this lecture I re-visit the basics of visual volume reading. You will gain an understanding of climatic volume and grouping volume to determine market strength to judge for opportunity. This concept will help your understanding of how to read this in a raw data format on the tape.
Tape Reading21:56
In this lecture, I show you how to read tape, this will a good time to re-visit the resource link from lecture 4, this will be in the resource section below too.
Practical Section31:46
In this section we get personal with the tape with some real examples explored. I have kept examples to a minimum to not overload new traders to the subject. If you want more engagement join the Discord server for more help and content. See resource link in Lecture 1.

Requirements

Some trading knowledge
Some knowledge on Market profile but not essential

Description

It is no surprise that larger traders and professionals are obsessed with volume, order flow and all aspects of demand and supply. This is with good reason. Volume is breadth of a market without it, there is no market. This is the reason why base elements like Niobium don't have a futures market, there just isn't enough liquidity. No matter how far we go back in time the best traders are the ones who understand volume and the tape, some will choose to share this with you, some will choose not to but it is not difficult to tune into your favourite Trader YouTuber and see a DOM or a Volume profile or some other volume based tool shouting from the rooftops how he conquered the market maker....

So while we know no form of analysis will yield a 100% win rate but as budding money managers, this course is aiming to give you the foundation you need to enter into only high probability trades that will eventually give you the edge you need to successfully mange risk on your trades.

You will learn -

How to access raw level 1 tick data.
How to properly store and analyse that data.
You will learn the Art of Tape reading and how to manage risk.
And much more...

Don't forget we have a Discord sever so don't forget to join for extra support and Q and A. Details in the course. This will be an exciting journey. Enjoy!

Who this course is for:

Everyone

Volume Price Analysis: Tape Reading

What you'll learn

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Course content

Introduction1 lecture • 14min

Main Course5 lectures • 1hr 53min

Requirements

Description

Who this course is for: