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Charts and Graphs — Forex Class

Line Chart: The price movement is depicted using a single line. It shows the basic price action using the close price for a particular timeframe. It does not show any information on the market sentiment. Bar Chart: A bar chart shows open price, close price using a vertical line. The high and low prices are represented using horizontal lines. It is considered slightly better than a line chart. […]

Types of Forex Trading Charts

Lines are chart are drawn using a line that represents the price. It can be open, close, or high price for that time interval. However, trading using line charts is a bit difficult as it does not show the market sentiment clearly. Bar charts are a bit clearer than line charts. They show a session's open, close, high, and low price. However, they are less […]

Understanding Candlestick Charts (Tutorial For Beginners) — Trading Basics

Candlesticks are the most commonly used method of displaying the price movement of a market on a chart. Each candlestick chart will have the time scale on the horizontal axis and the price scale on the vertical axis. Each candlestick chart you see will display candles in a particular time interval. These intervals can be anything such as 5-minutes, 1-hour, 4-hour, 1-day, etc. So, for example, here we are looking at a 5-minute chart, so […]

Forex Technical Analysis: Trading with Charts and Trends

Forex technical analysis is one of 2 ways to analyze Foreign exchange markets. It works by studying the movement of prices while the other method Fundamental analysis looks at external economic factors such as strength of national economy, political events and so forth. Studying price movement with Forex technical analysis. Studying price movement with Forex technical analysis involves charts. The theory that is that if you […]

Charts

This video talks about Charts and different types of Charts. It might be assumed that in today's world and the technology of the Internet we are just now able to chart, price movement data. That is not true. Charts have been around for 100s of years as a way for traders to follow Market and price movements. Essentially charts are visual indication of where the Market has been. There are a number of different […]

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