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Old 01-11-2008, 08:16 PM
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Re: tick chart indicators

hey jim,

heres what i do. I have basically 3 charts up. a 5 min 1 min and 144t. I use the 5 min to give me more of the big picture of whats the day doing. I then basically make all my trading decisions off the 144t chart. I like the way it displays price and i get a better feel for what the market is doing. I run a stocastic over price to help smooth it out for my entry. The one min chart i just mainly use to look at volume(used to trade with minute charts so just have to have one up). I definitly like tick based charts better for reading the market flow. I can see the ups and downs better if that makes any sense.

I also would run a 233 and a 377t. I compare the 144t to more of a 1 min the 233 to like a 3 min and the 377 to the 5 min. Really depends on what time frame u like to trade on. Those 3 i would say are the main tick charts but people do use all kinds(at least from traders i have talked too).

happy trading jim hope i could help any more questions feel free to drop them.

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