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Reminder: The 'Y-Axis' What It Is & What It Means‏

publication date: Sep 30, 2009
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Here's an email I received today and rather than answer it one on one, I'm sending out my answer/response globally, please see below:

'Hi Wilson,

...could you explain to a newbie what this actually means!

"looking at the 'Y-Axis' Increments or Price difference, today (and as it has been lately) they were only showing 1 Point apart on the 1Minute Chart and 1 Point apart on the 3Minute Chart?"

Many thanks'

My Answer/Reply:

The 'Y-Axis' Increments are the Prices or the difference between the 'Prices' of any Market or Instrument (as they are otherwise known) that you happen to be looking at.

From my experience, when the 'Y-Axis' Increments are showing as 5 Points apart on the 1Minute Chart (after having...

Note: If you're not a TTT Member, do purchase this Article to find out what the information is, as it's highly beneficial to your trading!

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