I use QuoteTrackera with IQFeed subscription.. my layout consists of 3 charts.
A. 144 tick chart
B. 5 Minute Chart linked to A
C. 5 Minute chart of DJI
I day trade mostly, but my focus is whether I should be using the tick chart for stocks for entries or if I should be using a minute chart for entries ?
For example I would look @ my 5 Minute chart of POT for example..see a good setup forming, then I look @ my 144 tick chart to get a good entry point.. the thing is sometimes the ticks swing by soo far i cant even react properly although the Price Action does seem to be a bit quicker than minute charts.
What do you guys suggest?
A. 144 tick chart
B. 5 Minute Chart linked to A
C. 5 Minute chart of DJI
I day trade mostly, but my focus is whether I should be using the tick chart for stocks for entries or if I should be using a minute chart for entries ?
For example I would look @ my 5 Minute chart of POT for example..see a good setup forming, then I look @ my 144 tick chart to get a good entry point.. the thing is sometimes the ticks swing by soo far i cant even react properly although the Price Action does seem to be a bit quicker than minute charts.
What do you guys suggest?
