Chart Density – Did you Know?

What is Density and What is a Low Density Chart? 

If you day trade or trade the lower time frames you should know about this concept. It will save you a lot of lost pips.

Density is Defined as following in general terms
noun
1. the degree of compactness of a substance.
“a reduction in bone density”
synonyms: solidity, solidness, denseness, thickness, substance, bulk, weight, mass; More

IN COMPUTING it means:
a measure of the amount of information on a storage medium.
noun: packing density; plural noun: packing densities
“a low-density floppy disk”

In PHYSICS it means:
the quantity of mass per unit volume of a substance.
the opacity of a photographic image.
2.
the quantity of people or things in a given area or space.
“areas of low population density”

In Trading it means:
Density means the quantity of pips within a candle or a given chart space. In general the higher the time frame the higher the density.

AIMS Stress Free Trading – http://www.iTradeAIMS.com

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