#OrderTypes101
📊 Understanding Order Tapes
Order tapes show in real-time the executed buy and sell orders in the market. This reading of order flow helps traders identify buying or selling strength, aggressive volume, and potential reversals. It is a powerful tool for those who engage in scalping or day trading, as it reveals the market's "intention" beyond traditional charts.
👁️🗨️ Observing the tape is like seeing the market "breathing".
Mastering this reading requires practice but can be a differentiator. Have you used it?