Quote from peterfigliozzi:
You won't find anything better than db's journal thread "price and volume"!
Thanks, but that's undeserved. I've been limiting myself to intraday analysis of price and volume (except for those two charts of the Naz that I posted yesterday, the monthly and weekly) because the volume is so variable. If you try to analyze price and volume using a daily chart, there's so little difference in the volumes that the "analysis" becomes almost fanciful. Weekly and monthly volume differences show up much better. But in no way is that tape reading.
This is not to say that understanding the relationship of price and volume is not essential to tape reading, but other sources will probably be of much greater benefit, at least for getting one's feet wet.
One is the "Rollo Tape" (Wyckoff) book you've mentioned. Wyckoff wrote another tape reading book as well, but I don't have it in a form that I can transmit.
The others are the Humphrey Neill book Tape Reading and Market Tactics and the Graifer book Techniques of Tape Reading.
Unfortunately, that's about it. But, on the other hand, there's not a whole lot to say. You have to understand the principle of demand and supply and you have to understand the relationship between price and volume. But then you just have to spend a lot of time following the market action, tick by tick, bar by bar. And I mean a LOT of time.
Just don't waste your money on anything having to do with Time and Sales or with Level II, both of which are only tangentially related to tape reading.