Me too, I trade only with a tick chart. Same for most professionals that I trained with.
What is your primary daytrading chart time frame?
- Thread starter mmm
- Start date
Plus 120 min, Daily, weekly. Right?
I guess you take very few trades a day"
Well to put it in context for you, METOXX does not have to trade, he sits back and counts as money flys in...so sorry to bust your buble, he is on the end that we should all be on......METOXX is the HOUSE......
I guess you take very few trades a day"
Well to put it in context for you, METOXX does not have to trade, he sits back and counts as money flys in...so sorry to bust your buble, he is on the end that we should all be on......METOXX is the HOUSE......
How i am supposed to know he is that good, when we have
many active posters who are still losing or not making any serious money
Another reason METOXX doesn't have anything is his profile.
Guys like WDGann pretend to be bigger than bank, but never
realy contribute to this forum.
Right, but still you are using above time frames as different
names. For example most times 133 tick chart= 1min time frame
333tick chart= 2-3 min chart.
Don't tell me that you timeframe is always less than 133
tick chart
Do you optimize your tick charts on daily basis,
or you use same tick charts everyday?
I belive Tick charts are like Moving averages that
has to be optimized, because on differnet days
220 tick charts can be equal to 1min, 2min or ...
depand on days activity.
But i guess with time charts you won't have these
problems. Please correct me if i am wrong?
Interesting no tick charts in the poll.
They provide a very good feel for market velocity and filter out quite a bit of "noise."
Note: tick charts intervals depend heavily on the instrument being traded and the overall volume.
They provide a very good feel for market velocity and filter out quite a bit of "noise."
Note: tick charts intervals depend heavily on the instrument being traded and the overall volume.
If you believe this, stop worrying about 1min through 120min charts. Simply learn how to hire the right girls & guys to do it for you. This will put you squarely where you believe you "should be".
No, I currently do not optimize my Tick charts and use the same tick count every day, Nana. Nevertheless, you might be not wrong! Planned to do this several times, but did not accomplished it yet.
Forgot to say, I use different tick counts for different Futures! E.g. for ES higher count, lower counts for the slower ones.Saico