Why do people use Volume, Range and Tic charts?

Discussion in 'Trading' started by fearless9, Nov 13, 2006.

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  1. Your Momentum Oscillator is the actual Oscillator, mine is a Histogram derived from the relationship of the Oscillator to the Zero Line.
    ***
    Another great day today Prof. The downside bias was obvious and more than enough opportunities were presented to make money.

    Good trading,

    Jimmy Jam
     
    #1041     Nov 14, 2007
  2. Since JJ didn't give an answer I will assume he needs a new monitor...:p
     
    #1042     Nov 14, 2007
  3. No, I didn't give an answer becasue I don't have one for you. Backgrounds are fine, but the only thing I'm really concerned with is price action ... and as an intra-day trader, so should you be too.

    Rediculous number of opportunites today, on a day when some traders said price action was too choppy.

    Good trading,

    JJ
     
    #1043     Nov 15, 2007
  4. Here's one for you Surf.

    Here's a 5 minute chart ...
     
    #1044     Nov 15, 2007
  5. ... and here's the same time period with the chart segmented by 2401 Constant Volume bars, along with the appropriately marked LH Sell Signals.

    Now, you tell me, which one is easier to trade ... hmmm? :confused: :D :p

    Good trading,

    JJ
     
    #1045     Nov 15, 2007
  6. JJ, I am concerned. I just wish I could get my QT chart to look like
    yours does. All I get is black slowly fading to grey without the "ribbed"
    look you have on your chart.

    Good trading on Thursday...:)
     
    #1046     Nov 15, 2007
  7. "Seeing it is simple . . . believing it takes practice!"
     
    #1047     Nov 15, 2007
  8. RedDuke

    RedDuke

    Doing it with real $ takes even more practice. :)
     
    #1048     Nov 15, 2007
  9. You betcha!!
     
    #1049     Nov 15, 2007
  10. gobar

    gobar

    any suggestion on todays market?

    its so choppy....
     
    #1050     Nov 15, 2007
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