For those still learning as I am, great insight into momentum trading via "reading the tape" can be found in yeterday's list of posts by Scott at FNG. His 2nd post of the day at 9:20 am and the discussion between he and CN in the comments section of the post are worth a read if you haven't already. It gets you a look into a highly-trained trading mind. It shows why trading is such a difficult thing to master; the same signal can mean many different things in different contexts.
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