Using the Daily Chart when Day Trading
In today’s video I answer a question that has been ask a couple time this week in the live trading room.
How do I use the Daily Chart when Day Trading the markets? I use the daily charts for a number of reasons, all of which I discuss thoroughly in this video.
The main price levels to look at when using the Daily Charts are: previous days high and lows, previous days open and close, and the half way point of the previous day’s trading range.
Using Daily Charts
Daily Charts for Intraday Trading
Day Trading with Daily Charts