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4. Day Trading Lesson 4: The Basics of Charts

http://www.informedtrades.com/
The fourth lesson in a series on technical analysis for day traders of the forex, futures, and stock markets.

The tool of the day trader when analyzing the forex, futures, or stock markets is the price chart. Very simply a price chart is a chart showing the movement of the price of a financial instrument over a chosen time.

Most charts will allow a wide variety of time frames to be displayed and the time frame that day traders choose to use varies widely and depends on each traders trading style. In general, longer term traders will focus on daily time frames and above, and shorter term traders will focus on intraday charts such as hourly or 15 minute charts. Many traders will also use a combination of time frames in order to get a full picture of what price has been doing by, for instance, looking first at a longer term daily chart, then moving to an hourly chart, and then finally to a 15 minute chart.

Duration : 0:5:47


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25 Responses to “4. Day Trading Lesson 4: The Basics of Charts”

  • 1IMH says:

    Hi Dave. Many …
    Hi Dave. Many thanks for this incredible set of video clips. Easily the best thing on Youtube at the moment. Can I ask you a favour …. I’m putting together a handbook on technical analysis, which I may go to print with in the near future. I would love to include links to a number of your clips as further research for readers. Would this be OK with you? Would I be infringing any copyright by doing this. Kind regards. Ingo

  • i0am0a0daytrader says:

    check my channel …
    check my channel for video’s about daytrading and trade like me in forex (EUR/USD, CAD/JPY etc.), stocks (coca-cola, phillips etc.), commodities (gold, silver, oil etc.) and indices (Nasdaq, Nikkei etc.)

  • macouco says:

    thanks for sharing …
    thanks for sharing it but sometimes you start talking really fastwhatmakesithardtounderstand… :)

  • stemikger says:

    I’m a newbie …
    I’m a newbie interested in learning. Thanks for posting.

  • cunnidvd says:

    Nice videos. …
    Nice videos. Thanks for sharing these.

  • FreeFOREXautoROBOT says:

    thank u for the …
    thank u for the lesson

  • OilTradingAcademy says:

    I offer an online …
    I offer an online Oil Trading Room at my website if you’re interested.

    David

  • marshall2 says:

    lesson 4 is …
    lesson 4 is returning an error message. Is there anything wrong with the video? I would like to watch all the videos in order so I can build a foundation of knowledge. Thanks.

  • nationaleventphoto says:

    A new robot coming …
    A new robot coming out in December 2009 called 4xGreed gonna be hot. 4xgreed (.)com

    They are only releasing 1000 copies.. Live stats also posted for your review.

  • wanderlei786 says:

    Thumbs up! thanks
    Thumbs up! thanks

  • mahhdi says:

    Great vids! this is …
    Great vids! this is easy and fun!

  • InformedTrades says:

    Thanks Mason glad …
    Thanks Mason glad you enjoyed it :)

  • MASON091 says:

    Thanks for the …
    Thanks for the video…Im going to watch alot more of your videos, very informative, and easy to understand.

  • InformedTrades says:

    Hey Castelinop,

    Hey Castelinop,
    Thanks I’m glad you liked it.

    -Brendan

  • castelinop says:

    Great tutorial, …
    Great tutorial, lets me reinforce my knowledge. Good Job.

  • meme200913 says:

    thank you i …
    thank you i understand much more clearly now

  • JamesBikeClub says:

    As a novice trader …
    As a novice trader (been trading practice accounts for about 3 months) I find your videos simple and to the point. Thanks for your effort! Looking forward to the next 73 in this series!

  • romish12 says:

    where did u get …
    where did u get charts from.. do u have some sort of sofware where u can download software or whatt?

  • klined says:

    great vid but need …
    great vid but need higher res!

  • InformedTrades says:

    Glad I could help …
    Glad I could help and thanks for watching. Best Regards, Dave

  • chico253 says:

    Thanks for your …
    Thanks for your video on Graphing. I have just started trading and you have answered a few questions I had about the graphs. The ticks on the bar graphs is one I didn’t know about. Thanks for your help!

  • carbine23 says:

    uhh nice! but my …
    uhh nice! but my profile has better stuff! chck it out! B

  • Skapwns says:

    im bored =( …
    im bored =( someone come chat with me o

  • jmalvesdesousa says:

    Congrats from …
    Congrats from Portugal :)

  • Jvanelkan says:

    Great videos… …
    Great videos… thank you

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