Continuing our blog series on charting basics, today we talk about tails. It is essential for futures traders to be able to read and understand various charting forms and patterns at a glance. The ability to instantly decipher charting information is one of the hallmarks of a successful futures trader. When the market is moving, futures traders must have the ability to make split-second decisions. Successful futures traders learn to read and understand their charts at a glance. In this continuing series, we are explaining charting basics that are important to futures traders.
Charting Basics: How Futures Traders Use Reversal Bars
November 2, 2007 By
We’ve started a blog series on charting basics. Quickly understanding various charting forms and patterns is one of the most valuable skills for futures traders to develop. When you’re trading, you need to be able to decipher as much information from your charts as quickly as possible before you make your trade. If the market is as volatile as it’s been lately, you may have only fractions of a second to make your decision. Successful futures traders learn to read and understand their charts at a glance. In this continuing series, we’ll be covering charting basics that are important to futures traders.
Charting Basics: How Futures Traders Use Narrow-Range Bars
October 31, 2007 By
Quickly understanding various charting forms and patterns is a valuable skill that futures traders need to cultivate. When the market is jumping, you often have only nanoseconds to make a trading decision. Successful futures traders learn to read and understand their charts at a glance. In the next few posts we’re going to go over some charting basics that are important to futures traders.
Why Candlestick Charts Are Useful to Futures Traders
October 29, 2007 By
Futures traders have a vast variety of chart types to choose from. The most used are Western bar charts; and the least used, point and figure charts. Newspapers seem to favor line charts for their easy readability. But many futures traders have found Japanese candlestick charts extremely useful, particularly because they make it possible to determine at a glance whether the bulls or the bears are in control of the market.
