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There are advantages and disadvantages to different types of charts. Many traders start with a line chart, but Tim Bohen’s here to break down the advanced chart you need to understand and use as a day trader. Watch this now and learn more!
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A lot of traders start with line charts … But to seasoned traders, line charts are borderline worthless. These charts show you the price movement, but they don’t tell how bullish or bearish the stock is.
Time to move beyond the line chart!
First, start with the Heikin-Ashi candles. They’re similar to Japanese candlesticks … You can still see the open and close price and the wicks with the highs and lows. It’s just a different visual.
Be sure to watch the video to learn what makes these candlesticks look so different … And stay tuned for Bohen’s breakdown on bar charts.
The left side of the bar is the opening price, the right side is the closing price, and the candle’s top and bottom are the high and low of that time frame.
The most popular chart style among traders is the Japanese candlesticks. These are the red and green candlesticks. Want to learn the difference between the colors, how VWAP comes into play, and what a Doji candle is? Bohen’s got you covered.
It may take some time to figure out which charts click and work for you. Put in the repetitions and look at price action over and over again. When it starts making sense, you’ll know which charts suit you best.
And that’s just the first half of this video lesson — don’t miss this!
Discover why volume candles are also red and green, Bohen’s favorite chart time frame, and get a much needed history lesson with the point-and-figure chart.

#StockMarket #Stocks #TechnicalCharts

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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.