Posts Tagged ‘forex chart’

Japanese Candlestick Bar Explained

Almost all Forex analysts, mentors and common traders speak in the terms of the Japanese candlestick charts. When they present the example chart, it’s usually comprised of the small candles with weird lines and colors. A person that is not acquainted with the Japanese candlestick bars can be easily confused with such charts. That’s why it’s important to understand this most popular chart data representation. You’ve probably already seen something like this: On the image you can see a Japanese candlestick chart [...]

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Types of Charts in Forex: Line, Bar and Japanese Candlestick Charts

In forex like in many other areas of the investing world, there are mainly three ways of indicating market movements and prices: line, bar and candlestick graphs are the tools that make it easy for you to understand the behaviour of any given pair during a certain timeframe.

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