A chart is the trader0s guide to ultimate profitability. For each trading style, from scalping and Day Trading to swing trading and long-term investing, a chart is worth a thousand words. Professional traders rely on their charts for consistent profits and for guidance on how to act next.
Charts and trading plans coexist
In many ways, a chart is as much of a trading plan as anything else. It maps out the history of the price in many different scenarios. The chart is just as much a historical reference as anything else, allowing the trader to see how the price has changed over time and proving that results are obtainable with a good trading system.
Just take a look at the ups and downs of a stock chart or foreign currency pair, and you0ll see many moves that happen just over a few months that could have made you a millionaire 0 had you been in the market, that is.
Charts show the future through the past
Professional traders make their living deciphering the code of the ever changing chart. By studying the ups and downs and everything in between, traders look for returns based on what history […]

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