Techniques of Tape Reading
$21.99
Techniques of Tape Reading is a professional, execution-focused guide to understanding order flow, price behavior, and real-time market intent through the lens of the tape. Vadym Graifer and Christopher Schumacher revive and modernize classical tape-reading principles—showing how to interpret bids, offers, prints, and volume dynamics to read who is in control, where liquidity is absorbed, and when price is likely to move.
Rather than relying on lagging indicators, the book teaches traders how to observe cause and effect directly at the point of execution. You learn how aggressive buyers and sellers reveal themselves, how absorption precedes expansion, and how imbalance develops before visible breakouts. The emphasis is on process: observing participation, measuring urgency, and aligning entries with real-time confirmation.
The authors also address context—why tape signals matter more at specific locations (prior highs/lows, value boundaries, key sessions) and why the same print behavior can mean different things depending on volatility, time of day, and market regime. This prevents mechanical misuse and encourages disciplined interpretation.
Overall, Techniques of Tape Reading is not a beginner’s primer. It is a practical manual for traders who want to sharpen execution, improve timing, and reduce reliance on hindsight-based signals—by learning to read the market as it unfolds.
✅ What You’ll Learn:
- How to interpret time & sales, bid/ask behavior, and volume to identify aggressive participation
- How absorption, exhaustion, and imbalance develop before price expansion
- How to distinguish real initiative from false momentum
- How to combine tape signals with key price locations for higher-quality entries
- How volatility and session context change the meaning of tape behavior
- How to manage trades using order-flow confirmation rather than lagging indicators
💡 Key Benefits:
- Improves entry timing by reading real-time intent instead of waiting for confirmation
- Reduces false breakouts by identifying absorption and failed initiative early
- Builds confidence through cause-and-effect market logic
- Complements chart-based and volume-profile approaches
- Encourages disciplined execution and selective participation
👤 Who This Book Is For:
- Active traders seeking deeper insight into order flow and execution
- Day traders and scalpers who rely on timing and liquidity
- Traders using volume profile or footprint tools who want better interpretation
- Experienced technical traders moving beyond indicator dependency
- Not suitable for beginners with no experience in live market execution
📚 Table of Contents:
- The Beginner: Everyone Starts at the Beginning
- Turnaround: Small and Safe
- The First Profitable Year: Charting Success
- Learning to Trade for a Living
- The Trader’s Circle: Bridging the Gap between Art and Science
- A Trader’s Edge
- A Trader’s Intuition: The Real Art of Trading
- Rules for and the Mindset of a Mature Trader: The Dos and Don’ts of Trading
- Tape Reading: Revitalization of a Lost Art
- The Role of Setups
- Stop-Loss Placement and Trailing
- Trading Setups
- Trading Market Ranges and Miscellaneous Points
Techniques of Tape Reading By Vadym Graifer, Chris Schumacher
| Author(s) | |
|---|---|
| Product Type | Ebook |
| Format | |
| Skill Level | Intermediate to Advanced |
| Pages | 265 |
| Publication Year | 2003 |
| Delivery | Instant Download |
9 reviews for Techniques of Tape Reading
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Mina Sherman (verified owner) –
A no nonsense book which explains what to look for in trade set-ups. Want to save yourself time and money learning how to trade? Buy this book, read it, and then read it again. Well worth the time and money.
Ensley Mayer (verified owner) –
I’ve found this and other titles by this author helpful to me in recognizing behaviors in the market. I always value things that are more practical than theoretical and this fits the bill. Easy to understand and apply.
Tori Tucker (verified owner) –
It’s hard to believe so many reviewers gave 4~5 stars to this book and described this book as “best tape reading book”. There’s absolutely nothing about tape reading. It’s a ridiculously misleading title.
The first part of the book is about trading psychology. Lots of words, yet it’s more about the author’s own experience and just not particularly useful.
The second part, if I have to find a category for it, is about volume spread analysis.
Again, if you’re looking for books about tape reading, stay away. I’ve wasted a few days on it. I hope you won’t.
Owen Huerta (verified owner) –
Then clearly you are not a student of the market. You don’t like Vad’s personal experience recounted in the opening stages of the book? – (full disclosure – I have acquired the principles of trading under Vad Graifer) – then you are not prepared to learn from the experiences of the very small minority that succeed as traders.
For those impatient people who want to make money NOW TODAY GIMME GIMME GIMME I suggest you head straight to section 3 of this book and copy the classic setups that work in all time frames. If you succeed straight off the bat – kudos to you. But if you are like the majority and you do not, then perhaps you might be interested to read all those ‘boring’ words Vad included in earlier chapters. Like the role of a setup; stop placement and the importance of risk management; the psychological and emotional aspects required of a profitable trader.
I’ve been a student of the market for near five years now, burned through a couple of accounts (and no it did not cost me the SEC mandated $25k min. each time; ask a pro how) and have come to realise that trading is like life – it is the longest marathon. The slow acquisition of each piece of the puzzle required to succeed has altered my view of myself, the market and the world around me. Much of this understanding comes from Vad, whose texts plus a couple more are the only trading books that adorn my library shelf.
And for heaven’s sake, for those that would suggest that this is not a book of tape reading, the only thing that has changed from Jesse Livermore’s day is that the tape has been converted into graphical format aka the chart! Repeat after me – price and volume, price and volume, price and volume. It ain’t rocket science!
Yahir Reilly (verified owner) –
A lot of generic information that you can get off the internet. There is some background on authors story of loss and eventually win. Also included is generic trading advice. There is no tape reading instruction only charts with volume. I skimmed through it and I don’t think there were any Level II quotes at all. Don’t waste your money.
Ivan Atkins (verified owner) –
Great book! Very satisfied.
Jaylen Underwood (verified owner) –
Excellent. Unmissable. I recommend.
Dulce Avila (verified owner) –
The book was horrible. Doesn’t teach you anything about tape reading. A waste of money!!!
Giselle Perez (verified owner) –
You’ll find better information on YouTube save your money.