Day Trading Charts
Day traders use trading charts to watch their markets, and decide when and how to make their trades. Trading charts are available in several different styles, and can be based upon many different timeframes (including timeframes that have nothing to do with time). The most popular trading charts are bar charts, candlestick charts, and line charts, and the most popular timeframes are time (seconds, minutes, hours, days), ticks (number of trades), and volume (number of contracts). Different trading systems require different chart types and timeframes, so all day traders need to know about the different chart types and timeframes, so that they can use the appropriate chart for the markets and types of trade that they are trading.
Descriptions and examples of the most popular types of trading charts and timeframes, with instructions for reading and interpreting the charts during trading, are available in the Day Trading Charts tutorials.
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