Once you’ve been trading for a while, you might have come across forex tick charts. The tick charts are usually accompanied by some explanation on why they’re so much better than traditional candlestick charts.
They’re not. Not for spot forex traders at least.
In fact, I’ll make the case on why you should not use them, as they hardly contain accurate information. I’ll tell you why in a moment, but let’s first take a step back and explain what tick charts are.