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I make it a point not to listen to the news until I’m finished trading for the day. I only monitor when the economic reports are scheduled to be release. This helps me to focus on price and not what I think should happen.

Also see the following threads for more info: http://elitetrader.com/vb/showthread.php?threadid=60786 http://elitetrader.com/vb/showthread.php?threadid=60688

The following is eSignal's response to this change: 16439 JayF has just replied. Here are the contents of the post: JayF has just replied to a thread or forum you have subscribed to entitled - Will the Globex Data Changes Impact My Tick Charts? - in the eSignal forum of eSignal...

As a result of recent events (CME‘s New Trade Message Aggregation Model, effective today, http://www.cme.com/trading/get/dev/marketdata2848.html) it seems that tick charts can be easily manipulated by the CME and or others (brokers and charting data providers), which make them less stable than...

Does this mean I will have to adjust/divide my tick charts by five to create comparable charts (for example an existing 500T chart will be equal to a 100T chart after this change? :confused:

Do you know if this change will impact tick and/or volume charts? I hope not! If yes, this is a hugh change.

Thanks for the suggestions and encouragement (Wint, Diamondtrim, MAESTRO, JR97, & Cluseau). I have been using a linear regression line with standard error channels with some success; however, I’m still learning how to best utilize this tool. Like JR97 I monitor multiple timeframes for...

This topic was briefly discussed about a month ago. For more info please see the following thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=54951

I have been experimenting with linear regression channels for about three weeks. It helps me to better see trends in multiple timeframes and to some degree it helps with locating support and resistance levels.

As a result of this thread, I am starting to look at price for clues to determine future movements, especially at support and resistance levels. Thanks for all the great feedback.

Thanks for the carrot!

I'll check it out.

Unfortunately, I don’t have access to this chart, via my charting package, but I can visualize what you are describing. Thanks!

Now we're getting somewhere. Thanks!

It’s the best definition I’ve heard to date. Thanks!

Yes, I believe I do.

It seems like you are right on point.

What does price action mean to you? I'm beginning to wonder if it can be objectively defined. Is it just relative to the trader?

The term “price action” is too vague, to me. When it’s used I’m not sure exactly what to assume (candlesticks, volume, tape reading, etc.). I searched this board and others for a clear and concise definition to no avail. My intent is not to criticize, but to better understand.

What type of chart do you use (candlesticks, line, bars, etc.)?