Why do people use Volume, Range and Tic charts?

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Quote from gobar:

any suggestion on todays market?

its so choppy....

Choppy is relative based on the chart you are trading. I've found one conservative eMini S&P Trade (3 points) and one conservative eSoybean trade ($.05) and have hit my goal for the day.
 
Quote from Razor:

Hi Prof,

If price can put in a lower low here and oscillator turns up is this a valid long signal on the 2401 NQ chart ?

http://i1.tinypic.com/6yun3ur.png


Cheers :D

Edit: Guess not LOL

You need to find a better market. I hate the eMini NASDAQ for Intraday. The eMini NASDAQ & eMini Russell are great for Swing Trading but Intraday they suck. The eMni DOW (343) and eMini SP (2401) are great for Intraday.
 
Fair enough LOL :D

Quote from ProfLogic:

You need to find a better market. I hate the eMini NASDAQ for Intraday. The eMini NASDAQ & eMini Russell are great for Swing Trading but Intraday they suck. The eMni DOW (343) and eMini SP (2401) are great for Intraday.
 
Quote from ProfLogic:

You need to find a better market. I hate the eMini NASDAQ for Intraday. The eMini NASDAQ & eMini Russell are great for Swing Trading but Intraday they suck. The eMni DOW (343) and eMini SP (2401) are great for Intraday.
He will find better results if he is just using the 343 setting on the NQ chart (NQ Scalp) for a min of 2pts - max 6pts per trade.

Also, even if using that timeframe (which is the NQ Swing, btw) I'd say it's setting up for a buy.

Good trading,

JJ
 
Quote from ProfLogic:

Choppy is relative based on the chart you are trading. I've found one conservative eMini S&P Trade (3 points) and one conservative eSoybean trade ($.05) and have hit my goal for the day.
Similar results trading ES, but the day is still young, it's raining in NY, and I don't want to go to the gym, LOL.

Good trading,

JJ
 
Quote from JimmyJam:

He will find better results if he is just using the 343 setting on the NQ chart (NQ Scalp) for a min of 2pts - max 6pts per trade.

Also, even if using that timeframe (which is the NQ Swing, btw) I'd say it's setting up for a buy.

Good trading,

JJ

Good point.

If you are married to the eMini NASDAQ, create a 343. The 2401 is too erratic for Intraday.
 
I look at both the 343 and 2401 NQ but the 343 seems more erratic to me ??


Quote from ProfLogic:

Good point.

If you are married to the eMini NASDAQ, create a 343. The 2401 is too erratic for Intraday.
 
Quote from Razor:

I look at both the 343 and 2401 NQ but the 343 seems more erratic to me ??

If that the case, switch to the S&P or DOW. The indicator will really help clear up the confusion. Look at JJ's charts. That's pretty.
 
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