Traders Laboratory - View Single Post - TICKS clarification
View Single Post
  #7 (permalink)  
Old 01-05-2008, 04:25 PM
strtedat22 strtedat22 is offline
strtedat22 has no status.

 
Join Date: Sep 2007
Posts: 68
Thanks: 5
Thanked 0 Times in 0 Posts
Re: TICKS clarification

Quote:
View Post
Ticks charts take the time equation out of the picture. A 610 tick on the ES mini S&P covering the overnight globex session may have between a few to maybe a dozen price bars - the timeframe being twice as long as the day session itself. Then during the day session there is generally 200-400 bars.
since it takes the time out of the equation how is it an edge over a person using candles???

Thanks for the other replies guys/girls

Reply With Quote