Price Action

This is a discussion on Price Action within the General Trading Chat forums, part of the To Be Sorted category; Do you use Line, Bar, or Candle Stick Charts? Experienced traders reply, please Would be good to know where the ...

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Old Jun 23, 2009, 6:22pm   #1
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Question Price Action

Do you use Line, Bar, or Candle Stick Charts?
Experienced traders reply, please
Would be good to know where the "Holy Grail" is , and crucial for certain techniques
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Old Jun 23, 2009, 6:28pm   #2
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Default Re: Price Action

Candle

Doesn't mean it'll work for you though.

Ronaldo uses his right foot, just cos i do as well doesn't make me a footballer.

they all show the same thing price moving up and down...worry about that not the thing displaying it
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Old Jun 23, 2009, 6:40pm   #3
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Default Re: Price Action

blancspa started this thread I tend to find the diffrences between Bar/Candles and Line when drawing S/P levels, and while candles provide plenty of info wouldn`t they mislead at times. This is just a thought. Wouldn`t looking only at the bid/ask tape be a better option/training for an aspiring trader?
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Old Jun 23, 2009, 6:50pm   #4
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Default Re: Price Action

Quote:
Originally Posted by blancspa View Post
. Wouldn`t looking only at the bid/ask tape be a better option/training for an aspiring trader?
yes and no....everyone's different......find what suits you not the herd.
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Old Jun 24, 2009, 4:57am   #5
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Default Re: Price Action

I use normal bars but I have coded certain price action alerts that show up as a painted bar or bars when they occur. It makes it easier when using a confluence of events to give an entry trigger.



Paul
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Old Jun 24, 2009, 6:32am   #6
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Default Re: Price Action

i use wobble-markers. it's a new principle and as a tool they are so much better than bars/candlesticks etc. really helpful.
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Old Jun 24, 2009, 7:45am   #7
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wobble markers? wtf u on about?
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Old Jun 24, 2009, 8:37am   #8
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new indicator tool mate-it's all over the city. magnificent.
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