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Trading Price Based Charts Instead of Time Based Charts

  • Post #1
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  • First Post: Nov 14, 2011 9:17am Nov 14, 2011 9:17am
  •  Nexas
  • Joined Oct 2011 | Status: Member | 412 Posts
Hi All,

I thought it would be interesting to have a discussion about priced based charts vs time based charts. I know many of you may never have heard about them, perhaps you have heard of volume charts but not price or range charts. Well this is my gift to you .

I have been trading range charts for a while now and even though I was successful without them, since making the transition I have to say it has made all the difference to my trading particularly the intraday stuff.

I felt like Neo when he first sees the matrix for what it is... all those lines of code .

Anyway I encourage you all to investigate them as you will truly start to see price and you will be able eliminate much (not all) of the noise.

So let the games begin... who has traded them and what are your thoughts... if you haven't traded them, take a look and let me know your thoughts...

This is not meant to start an argument by the way, just healthy debat for those that are trading at the moment and want some time away from the charts.

Nexas
  • Post #2
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  • Last Post: Nov 17, 2011 5:51am Nov 17, 2011 5:51am
  •  AlejandroFX
  • | Joined Nov 2011 | Status: Member | 47 Posts
Quoting Nexas
Disliked
Hi All,

I thought it would be interesting to have a discussion about priced based charts vs time based charts. I know many of you may never have heard about them, perhaps you have heard of volume charts but not price or range charts. Well this is my gift to you .

I have been trading range charts for a while now and even though I was successful without them, since making the transition I have to say it has made all the difference to my trading particularly the intraday stuff.

I felt like Neo when he first sees the matrix for what it is......
Ignored
Hi Nexas sounds interesting. Can you give an example of how you implement this new method?
 
 
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