Hi. Sorry for my english)
Can you explain why many traders prefer tick charts than 1min or 5 min charts trading es?
I use 15min for trend direction and 3min to setup my trade in trend direction only. My results is not so good now.
But how to use tick charts?
for example i need to look at trend at 500 tick chart and trigger at 250 tick chart?
I saw in many webinars (by mirus etc) that many teachers use tick charts and i don't understand why.
Also i saw that some people use range charts for trading es and please explain me why people prefer not to use timebased charts for daytrading?
I am newbie so i dont totally understand that)
Can you explain why many traders prefer tick charts than 1min or 5 min charts trading es?
I use 15min for trend direction and 3min to setup my trade in trend direction only. My results is not so good now.
But how to use tick charts?
for example i need to look at trend at 500 tick chart and trigger at 250 tick chart?
I saw in many webinars (by mirus etc) that many teachers use tick charts and i don't understand why.
Also i saw that some people use range charts for trading es and please explain me why people prefer not to use timebased charts for daytrading?
I am newbie so i dont totally understand that)