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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. 

Key Terms:
Using Daily Charts
Daily Charts for Intraday Trading
Day Trading with Daily Charts


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