Join us for a beginners guide to charting. Charting is an essential part of trading, whether you are a scalper or a swing trader charting significant levels of any instrument is a must. In this video we break down charting to the very basic level and discuss From a basic overview to different time frames and also an introduction to essential vs. non essential indicators and finally we put it all together for you by providing a one stop starting point to learning charting. Regardless of your trading experience level understanding and utilizing charts for executing trades is a must if you are putting money to work in the markets today, join us as we break it down in this must watch video!
Topics Covered:
1. General Overview Of Charting
2. Understanding Different Time Frames
3. Essential vs. Non Essential Indicators
4. Putting it all together
⏳ Outline:
0:00 Intro
1:08 General overview and basics of charting
2:05 What a candlestick represents
3:05 Time vs. Price
3:36 Time periods explained
3:45 Candlestick or Line charts?
4:05 What is your time frame?
5:05 You're only seeing what has already happened
6:40 Time and sales prints explained
7:50 Personalizing your charts
8:30 Using an "execution" chart along with a personalized chart
9:03 Personalizing price
11:10 Combining your chart with your level 2
12:15 Grid lines or no grid lines?
15:20 Most common trading time frames explained
19:45 Not overcomplicating things
22:14 Comparing small time frames with larger, swing style time frames
26:14 Essential vs. Non essential indicators
35:05 Using charts in real time
37:30 The importance of real-time data
44:18 Summary
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