How to Find the Best Chart for Trading

In this video, you will learn how to identify the best chart for trading when introducing a new instrument to your portfolio. Trading multiple instruments can increase the likelihood of encountering high-probability setups, particularly when one instrument faces unfavorable market conditions.

You will discover how to select the optimal tick chart and how to configure your money management strategy for each instrument effectively. While trading various instruments has its advantages and disadvantages, it is crucial for each trader to test this approach to determine if it aligns with their trading personality and style.

0:00 What Is Price Action?
1:42 Where To Start?
3:48 How To Select The Most Useful Chart?
9:20 How To Select The Most Useful Micro Futures Chart?
10:44 How To Find Proper Money Management?
14:59 How To Find The Best Chart For Trading

Free Trading Training Content

Important Price Action Rules - https://rb.gy/eh8w
Simple Guide To Trading - https://rb.gy/sypf
The Best Trading Pattern - https://rb.gy/hdkd
How To Count Entries - https://rb.gy/kptd
Two Legged Master Setup - https://rb.gy/x6vq
Money Management Rules - https://rb.gy/lnce

Instagram -   / realthomaswade  
Twitter -   / iamthomaswade  
Facebook -   / wadetradingacademy  

Time frame - 2000 tick chart
Instrument - S&P 500 ES Futures
Indicator(Supportive) - 21 bar EMA

If you want more advanced Trading tips, strategies and trading community.

https://wadetradingacademy.com/

Looking for a funding company? Try

https://apextraderfunding.com/member/...
Use Coupon Code for 90% discount! - RXBKISKT

Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms, price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.

The only people who know where the market is heading are institutions. They are the ones who make the market move and our job as retail traders is to follow their footsteps and get the piece of their movement. As price action traders we need to find the most profitable ways to enter trades. The highest probability setups are 2nd entries, its variations and confirmations setups at the key entry points.