windy - good obserations, I was going to say something to this
effect. One should use their own charts i.e. trendlines,
where support/resistance are - and if those signals on the
Tick tools chart show up at the same area as those important price
levels on your chart it, then it's more significant.
the tick tools show you some psychology when longs and shorts
get stopped out, when there's emotional buying where people are
buying asks vs trying to get better prices etc. I'll get some
good definitions soon. Supposedly Xticks occur when you get a lot
of emotional orders going through and stops being hit etc
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X-Tick may have other factors
pay attention when you see an X-Tick
Posted by windyjazz on 9th of Apr 2015 at 12:56 pm
That low X-Tick (-900) @ about 11:20 was also a
touch of S1 and I saw some positive divergence
at that low on on MACD, RSI with respect to the
low @ about 10:50 which had a similar low tick
-900 which is the prior orange dot you see before
the X-Tick
where is the tick chart,
Posted by himsa on 9th of Apr 2015 at 01:20 pm
where is the tick chart, or how do you find it? could you show it on a chart?
click on the thread
Posted by windyjazz on 9th of Apr 2015 at 01:41 pm
where the arrow points on your post
and matt has a link for the chart
windy - good obserations, I
Posted by matt on 9th of Apr 2015 at 01:06 pm
windy - good obserations, I was going to say something to this effect. One should use their own charts i.e. trendlines, where support/resistance are - and if those signals on the Tick tools chart show up at the same area as those important price levels on your chart it, then it's more significant.
the tick tools show you some psychology when longs and shorts get stopped out, when there's emotional buying where people are buying asks vs trying to get better prices etc. I'll get some good definitions soon. Supposedly Xticks occur when you get a lot of emotional orders going through and stops being hit etc