How to determine the strength of a trend

Discussion in 'Technical Analysis' started by ADX_trader, Sep 4, 2002.

  1. 5 minute chart...
     
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    #41     Sep 27, 2002
  2. jeffm

    jeffm

    Breakout,
    While I agree that tick and time based bars both have their uses, I have to call foul on your 100T and 5m example. They are nowhere near the same timeframe. A 100T chart on ES is similar to a 1m chart, not a 5m. Wouldn't your S/R levels be just as visible on a 1m chart?
     
    #42     Sep 27, 2002

  3. Hi Jeff...that's okay, someone usually does. lol

    I just wanted to give a clear example, so DGBrothers would
    get my point.

    You should have seen the 30 minute chart I was thinking of
    using...hehe
     
    #43     Sep 27, 2002
  4. Hey Jeff...

    I'll try to be a little more fair this time...hehe

    Here's 2 charts: The first is a 1 min between 8:40 and
    9:30, and the second is a 100T from the same time period.

    You're right, they are similiar, but I feel I can see a little
    more with the tick chart.

    I guess it's just a matter of preference.

    Cheers!
     
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    #44     Sep 27, 2002
  5. 100T...
     
    #45     Sep 27, 2002
  6. Interesting posts, thanks for sharing....
     
    #46     Oct 1, 2002