After three consecutive days of wonderful momentum across all the markets, it was no surprise to find price action muted as they pause for breath ahead of the Non Farm Payroll date due on Friday. One technique which really helps to describe and confirm both participation and activity is using tick data and tick charts in conjunction with time based chart to reveal market mood. In this webinar Anna explains on NinjaTrader 7, before we move to NinjaTrader 8 and consider the three indices of the YM, the NQ ad the ES emini futures contracts and using the Tickspeedometer indicator which blends tick and time together allowing traders to apply volume price analysis studies to the charts whilst taking advantage of the benefits of trading on non time based tick charts.
Using Tick To Reveal Momentum And Activity In The Market
After three consecutive days of wonderful momentum across all the markets, it was no surprise to find price action muted as they pause for breath ahead of the Non Farm Payroll date due on Friday.
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