Using the tick and time charts to scalp Emini futures
https://youtu.be/45RIHPiomP8
Using Tick and Time Charts to Scalp Emini Futures
Scalping Emini futures demands speed and precision. Tick charts and time charts together provide the edge. Tick charts group price by trades, not time. This reveals pure momentum. Time charts add structure and context.
After the previous day's FED meeting, US indices came off their highs with sentiment shifting from risk on to risk off, with the futures moving lower intraday. The lack of momentum was clearly shown on the tick charts for the ES emini using the Quantum Tickspeedometer indicator.
Why Combine Tick and Time Charts
Time charts (e.g., 1-minute or 5-minute) show fixed intervals. They highlight trends and support/resistance. Tick charts (e.g., 233-tick or 500-tick) remove time noise. They react instantly to volume surges. In fast Emini markets like ES or NQ, this combination filters chop and spots surges early.
Volume Price Analysis (VPA) Confirmation
Volume price analysis (VPA) is essential for scalping. High tick speed with rising volume confirms momentum. Low speed on price...