I’ve been asked a lot of times if I do or do not use charts at all. OFC I use charts, especially for giving me a bias on where price may be swinging to next. But as I’m intraday scalping I’m not at all looking at them.
I really, really like the Volume Profile/at price plottet directly on my 1-hour chart, which I use as the daily analysis timeframe. This is my decision chart for the German 5,10,30 year bonds. I have the same for the US Bonds and all indices — YES, I’m tracking everything.
Now the questions, what am i exactly looking for here on those charts ?.
I’ve recorded a video from Thursday which I will be uploading start next week. I picked the 10 Year T note at the EXACT bottom -1 tick…. That’s a swing technique I often use, where I’m looking for major levels to crack and reverse.
I’ll show & guide you on what I did in the video and why – there’s really MUCH MUCH more to it, than just entering at a specific price.
Have a nice Sunday.
Best of trading