Price bar charts paint a graphic picture of a stock's price movements both during the day with the 5 minute bars, and longer term with the daily bars. The picture unfolds showing short and long term supply and demand and how it has moved the stock's price. This helps pinpoint specific areas of buying or selling pressure as they develop. The bar charts alert you this „at a glance“ when the bars trade into a tight range that hugs up or down against a certain price (usually the day's current high or low).

This article describes the „market maker“ and „time of sale“ (T.O.S.) screens as well as the stock „ticker“ screen. The market maker screen will help wiih 2 things:

1. To determine which stocks you are willing to trade, and therefore which stocks you want as part of the ticker of stocks that you follow.
2. To aid in timing the best moment for entering and exitinc trades that are described in the 5 minute and daily bar chart setups.

The time of sale (T.O.S.) screen is used in conjunction with the market maker screen for timing trade entry and exit.

Price bar charts paint a graphic picture of a stock's price movements both during the day with the 5 minute bars, and longer term with the daily bars. The picture unfolds snowing short and long term supply and demand and how it has moved the stock's price. This helps pinpoint specific areas of buying or selling pressure as they develop.

When I first started investing, I talked to a lot of stockbrokers. The majority of them relied solely on fundamental analysis' as their decision support tool, quoting from company financial reports and earnings research for their investment advice. They fluffed off technical charts as hocus-pocus. Their standard chant: „I've never met a rich technical analyst.“

Tugging on the other end of the rope were the card-carrying'members of the technical analysts' club. „Who has time,“ they insisted, „to comb through pages of sleep-inducing reports? A chart tells you all you need to know.“