Studies in Tape Reading (Fraser Contrary Opinion Library Book)

Rating:
Summary: Simplicity At Its Best
Review: What Mr Tape (aka Richard Wychoff) writes is a simple way of looking at the market. He tape reads the market, looking at the size of transactions, and the number of transactions within spaces of time to determine turning points in the market place. Some writers may lead you to believe that Mr Wychoff was a chartist but in this work, and his others you truly see the difference between chart reading, and tape reading. If you want a book that explains the lost art of tape reading here it is. And for heavens sake, understand that tape reading and chart reading are totally different in terms of time, and real time analysis.