CME Tic Charts ... what is the problem

Discussion in 'Trading' started by jjf, Nov 16, 2007.

  1. jjf

    jjf

    Can someone please tell me why CME tic charts are not as reliable as they once were.

    Thanks in an anticipation
     
  2. do you mean that they get bad prints?

    How was the tic chart ever reliable...it's just another chart, not the holy grail.
     
  3. RedDuke

    RedDuke

    about a year ago Cme started combing multiple trades into one print on a tape. Thus accurate tic are not reported. I would suggest looking into constant volume bars. If used properly they are the best chart type for intra day trading. To get more info read the thread called "why people use odd tic, volume and range bars".