Most Important Chart Aspect?

The shape.

And what I've learned over the years is what happens right now on the chart can be the start of a trade setup but the actual entry might be many days away. But it depends on the timeframe.

Let's say you're looking at the 60m. What happens on Monday at 9am might lead to a trade on Thursday.
 
Quote from AK100:

The shape.

And what I've learned over the years is what happens right now on the chart can be the start of a trade setup but the actual entry might be many days away. But it depends on the timeframe.

Let's say you're looking at the 60m. What happens on Monday at 9am might lead to a trade on Thursday.


Does volume create the different shapes?
 
Quote from AK100:

The shape.

And what I've learned over the years is what happens right now on the chart can be the start of a trade setup but the actual entry might be many days away. But it depends on the timeframe.

Let's say you're looking at the 60m. What happens on Monday at 9am might lead to a trade on Thursday.

That's right.Same is for the profit taking.
 
Quote from Dackster:

Quite simply, what do you consider as the most important aspect of a chart and why?

Hey Dax


What;

The footprint left by price


Why

Helps me visually see where.., and where not – price wanted to go… how adamant is was about getting there…. and where the sticking levels were/ are

Then helps in me figure out where price may decide to go next

Also shows me where low risk attempts to find out - are


RN
 
Back
Top