The API reported a draw in gasoline inventories of 3.297-million barrels of gasoline for the week ending November 6-compared to the previous week’s 2.45-million-barrel build.I haven't used a smaller tick chart (e.g., 700) because it seems pointless. I tried various volume charts (5500, 6000, 6500), but none of them give me the same price action I am used to. So a 2000 tick chart has much fewer candles did it used to.As price action traders, we need to see as many details in the price action as possible, so by using a tick chart, we think we get more details than we do with a five minute chart. A 2000 tick chart, even one that resembles a 5 minute chart, will have many more price action details than a 5 minute chart.Illustration of buttons, button, information - 31870412
Minor tick marks help users measure the distance between the Major tick marks.