Tick Scale vs Time Scale

Discussion in 'Trading' started by ironchef, May 29, 2024.

Tick Scale vs Time Scale as the basic unit of price action

Poll closed Jun 28, 2024.
  1. I trade with time scale

    13 vote(s)
    68.4%
  2. I trade with tick scale

    6 vote(s)
    31.6%
  1. ironchef

    ironchef

    Yes, it is so true.
     
    #21     Jun 3, 2024
  2. ironchef

    ironchef

    That is an interesting conjecture.

    Taking to the limit, it says the best chart is tick by tick, or tape reading, like what Livermore used?
     
    #22     Jun 3, 2024
  3. Cam12

    Cam12

    I find using ticks gives smoother price action espeically during times of low volatility/liquidity
     
    #23     Jun 4, 2024
    ironchef and toucan like this.
  4. ironchef

    ironchef

    Yes, I switched over to using ticks and the price action is indeed smoother.
     
    #24     Jun 4, 2024
    Cam12 and toucan like this.