FINZ Futures EP.6: Unlocking the Power of Tick Charts for Better Trading 📈
Discover what tick charts are, how they differ from traditional time-based charts, and why traders use them to identify better entry and exit points in the market.
About this video
Why We Use Tick Charts: Tick charts draw a new bar after a set number of trades have been triggered vs. a time based chart like the 5 minute that draw a new bar after a set period of time. 1. Tick Charts Allow You To Follow The Professionals 2. Tick Charts Allow You To Fade The Amateurs 3. Tick Charts Let You Get A Jump On Breakouts and Breakdowns 4. Tick Charts Let You "See" Failed New Highs and Failed New Lows More Clearly 5. Tick Charts Compress Low Activity Periods and Avoiding Overtrading ** James Falvo is a David Elliott Student. See David's Nightly Chart Review sessions on http://finz.tv/channel/davidelliott and get David Elliott training at http://finz.tv/davidelliott **
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1:42
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Published
Aug 12, 2009
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