Why do people use Volume, Range and Tic charts?

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

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  1. Well, I have just finished for the day and I do not like watching the ergodic ... I thought that I would, but I dont.

    Maybe I am old fashioned but I am sticking to watching the players hit the ask and the bid and accumulating the outcome as it impacts price.
     
    #191     Nov 29, 2006
  2. And this is what makes the world go round! I hope I have at least added to your "thought list".

    I'm done too; Long & out Ym, Long & out ES and closed my short LH.
     
    #192     Nov 29, 2006
  3. Time to do other things.
    Since I live in Buenos Aires there are plenty of other things to do.
     
    #193     Nov 29, 2006
  4. Just curious, could you post a pic of the chart you were watching with the ERG on it? I just wanted to see what you were looking at.
    Thanks in advance.
     
    #194     Nov 29, 2006
  5. I did want to post one last chart here to show you the progression of price on the eMini S&P Trading chart over a period a several days. You can see how price is flowing from Prime Resistance to Prime Support and back.
     
    #195     Nov 29, 2006
  6. Caracas has some of the most beautiful women I've ever seen ... I'm sure there are plenty of other things to do in B.A.

    BTW, this move isn't over until the fat lady sings, and she ain't hit her note yet.

    JJ
     
    #196     Nov 29, 2006
  7. I don't about f9 but I agree about the move. I'm still in my Swing Long. The intraday, I got my points already.
     
    #197     Nov 29, 2006
  8. Charly

    Charly

    So obviously no divergence between
    Caracas (VENEZUELA) and Buenos Aires.
    Lucky f9
     
    #198     Nov 29, 2006
  9. Yeah, it (the intra-day trade) actually confirmed a Close of the Long at 12:17pm eastern time with the ES @ 1400.50, but my connection to ET was on the blink so I couldn't update the comment.

    Sounds like another good day.

    JJ
     
    #199     Nov 29, 2006
  10. tds551

    tds551

    I use the 233t chart. Only for higher volume products like ab, es. It gives a much clearer picture of symmetry than the 3 min. Its akin to the 1 min chart, but more accurate.

    I use a formula, with price trigger's based on the cci, and it works far better than the 3 or 1 min chart.

    It however also gives you more noise, and it is easy to find yourself with the blinders on.
     
    #200     Nov 29, 2006
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