Why do people use Volume, Range and Tic charts?

Status
Not open for further replies.
Quote from Charly:

Russell, DOW & Euro FX -

Scalp - 49 Volume
Intraday -343 Volume
Swing - 16807 Volume
Position - 117649 Volume

Somewhat of a surprise to me is that
you seem to use the same numbers for
EuroFX trading as for those 2 indices.

I assume you referring to the futures -
if not where do you get reliable volume numbers from?

Thanks again.

Charly
More...

Yes, those are all futures and those volume numbers are all multiples of 7. Easy to keep track of and the fractals are perfect for seeing the entries and exits on the next incrementally faster chart.
 
The solution: trade when the chart is easily understandable and stay out when it is confusing. If you only trade when the chart is clear, there will be more than enough profit to make the week a masterpiece.

~~~~~~~~~~~~~~~~~~~~~~~

Absolutely my opinion, too.
Good to get the confirmation from a pro.

Charly
 
Status
Not open for further replies.
Back
Top