Chart Type

While my analysis is usually conducted on time based charts, last week’s article discussed the one period of time when I always refer to tick or range based charts (usually monitoring both). If you missed it, you can read it here: https://yourtradingcoach.com/trading-process-and-strategy/tick-or-range-charts-vs-time-based-charts/ I’ve had a couple of requests for another example, with one request also…

My preference is to trade using time based charts – 30-minute, 5-minute and 1-minute. Largely it’s just due to personal preference. I gain a greater feel for price action through the time based charts, in particular noting the changes of speed through greater movement in a unit of time. Plus there’s also the fact that…