Trading With 3 Line Break Charts
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Trading With 3 Line Break Charts

- See more at: http://www.netpicks.com/line-break-charts/

Line break charts were developed in Japan and popularized here by Steve Nisson in his book Beyond Candlesticks. The purpose of line break charts is to filter out market noise and give a clear indication of the current trend and trend reversals.

As you may know, sometimes determining the current trend can be difficult due to market price movement that consolidates, and a trend reversal can be just as difficult.

The 3 line break chart, as you will soon see, can make this process much easier.

This is a three line break chart of the daily Dow Industrials futures contract (YM). You can see it could almost be mistaken for a candlestick chart or a renko chart but you will see that line break charts and candlestick charts are vastly different.


- See more at: http://www.netpicks.com/line-break-charts/

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line break charts, 3 line break charts, trading method

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