An Introduction to Tick Charts and How to Trade Them in Futures Markets
The following article on Tick Charts is the opinion of Optimus Futures.
Traders use a wide variety of charts to analyze markets. Most charts, however, are time-based, and traders’ cycle through different time frames to match their specific strategy or preferred time horizon.
Longer-term traders may use daily charts to get a sense of the big picture while using hourly charts to plot entries and exits. Short-term traders may go as small as using 1-minute charts to trade price action.
But what if your short-term goal was to trade on the smallest “transaction” level? What if you wanted to trade price breakouts not on the level of time but on the level of
The post An Introduction to Tick Charts and How to Trade Them in Futures Markets appeared first on Futures Day Trading Strategies.