1. Ahead of the charts trading Tape Reading and how to use it for trading
Written By:
Richard Lepis
Founder and CEO

2. Tape Reading Tape Reading
This is the art of reading the executed supply and demand of a stock to determine the direction of its future movement

3. Tape Reading
Prints
The term used for each individual execution that shows up on time and sales

4. **Remember, you can use time to help see them!**
Tape Reading
Pulses
Time and Sales moves in “pulses.” These are the bursts that we see as trades are being executed
**Remember, you can use time to help see them!**

5. Why are pulses Important?
Tape Reading
Why are pulses Important?
Pulses help us determine to a certain extent how many shares are involved in any one persons execution

6. Tape Reading
Why is it so important to know how many shares are involved in a single persons execution?

7. ATC Tape Reading Methodology
A minimum of 4 prints between ,000 shares

8. ATC Tape Reading Methodology
Will 4 prints always be enough? NO

9. ATC Tape Reading Methodology
The HIGHER the volume a stock is trading the MORE prints you will need

10. ATC Tape Reading Methodology
The LOWER the volume a stock is trading the LESS prints you will need

11. ATC Tape Reading Methodology
A trader can only buy or sell the amount of shares someone is willing to sell or buy from them.
Smart money is a relative term based on what is available at that time.

12. ATC Tape Reading Methodology
Follow Through

13. ATC Tape Reading Methodology
What is Follow Through?
These are the retail traders that follow the large traders into a position above or below a level

14. ATC Tape Reading Methodology
Why is follow through so important?

15. ATC Tape Reading Methodology
How far after we see smart money enter should we see follow through come in?

16. ATC Tape Reading Methodology
Step 1
Anticipate when follow there is a high % possibility of follow through happening

17. ATC Tape Reading Methodology
Step 2
Anticipate when there is a high % possibility of volume happening
*Volume Spike*

18. ATC Tape Reading Methodology
Step 3
Try and enter stock in the middle of the follow through.
**By waiting until the end there is a high probability of missing the trade**

19. ATC Tape Reading Methodology
4 you 4
Method for entering on follow through