officejax currency trading information

Channel



Ad your free banner at www.AdViews.info

 

The Meaning of FOREX Price Charts and How to Use Them


There is one very important factor that you should consider with great care if you are willing to become a successful, profitable Forex trader. This ever important factor that must be always present in the trader's portfolio, is the ability to read the charts.

The beauty of FOREX charts, as opposed to charts used for, say, daytrading stocks, is that they are pretty easy to interpret and use. They're a reflection of a slower-moving, stable economy (the one of a country) compared to the future and daily drama of company reports, Wall street analysts and shareholder demands.

And, unlike stocks, currency charts rarely spend much time in tight trading ranges and have the tendency to develop strong trends (even though the FX market may be volatile, it's more predictable). And, rather than tens of thousands of stocks to analyze, you only have a few mayor currencies to trade.

The most common types of price bars, used in FOREX trading, are the Bar Chart and the Candlestick chart:

Bars Charts - Price bars are a linear representation (a line)of a period of time. This enables the viewer to see a graphic representation summarizing the activity of a specific time frame. For example they can be one minute or five-minute time intervals depending on the system you are using. Each bar has similar characteristics and tells the viewer several important pieces of information. First, the highest point of the bar represents the highest price that was achieved during that time period. The lowest point of the bar represents the lowest price during the same period. Regular bars display a small dot on the left side of the bar which represents the opening price of the period and the small dot on the right side represents the closing price of the period.

Candlesticks - Japanese Candlesticks, or simply Candlesticks as they are now known, are used to represent the same information as Price bars. The only difference is that the difference between the open and close form the body of a box which is displayed with a color inside. A red color means that the close was lower than the open, and the blue color represents that the close was higher than the open. If the box has a line going up from the box it represents the high and is called the wick. If the box has a line going down from the box, it represents the low and is called the tail. Many interpretations can be made from these "candlesticks" and many books have been written on the art of interpreting these bars ( Visit: http://www.1-forex.com).

So, the main thing to keep in mind between the two types of price charts is this:

Candlestick charts are similar to bar charts in that the top tip of a vertical line represents the high and bottom tip represents the low. However, market activity between the OPEN and the CLOSE is represented differently by the use of candlestick bodies.

Because of their colored bodies, candles provide greater visual detail in their chart patterns than bar charts. Which is why many experts recommend you become intimately familiar with Candlestick charts.

Omar Vargas is a freelance writer with articles published in a number of places. You can learn more about Forex trading and its great advantages over other kind of business at this useful website: http://www.1-forex.com


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Fri. April / 27 / 2018

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Reuters

Currency trading volumes hit record highs in first quarter
Reuters
LONDON (Reuters) - Foreign exchange trading volumes rose to a record high in the first three months of the year, data showed on Thursday, as a rise in volatility from multi-year lows encouraged more buying and selling of currencies. FILE PHOTO: U.S ...
Currency trading volumes hit record high in Q1 - CLS - Finance ...London South East (blog)

all 5 news articles »


Bitcoin Exchange Guide

CryptoSecurities Exchange (SCX): Blockchain Currency Trading?
Bitcoin Exchange Guide
A transparent, code-regulated, national securities exchange based on the blockchain and registered with the SEC is the vision of the team behind this project. In just a few months, the team behind this exchange has made a lot of progress. For instance ...



The National

Digital currency trading tumbles by half - The National
The National
Bitcoin's price has more than halved, while the second and third largest cryptocurrencies, ethereum and Ripple's XRP have lost even more of their value.

and more »


The Koz Times

The results of currency trading: the dollar and the Euro fell
The Koz Times
The results of currency trading: the dollar and the Euro fell. magictr | April 26, 2018 | Business | No Comments. Итоги валютных торгов: курсы доллара и евро понизились. The Bank of Israel reports that on Thursday, April 26, currency trading resulted ...



Bloomberg

Former FX Trader Says Boss Offered `Bribe' to Cover Up Error ...
Bloomberg
A former Royal Bank of Canada currency trader sued the lender for 13 million pounds ($18 million) for unfair dismissal, alleging that a senior manager had offered him a "bribe" to cover up a trading error.
Former FX Trader Says Boss Offered Him `Bribe' to Cover Up Error ...BloombergQuint
Former RBC currency trader sues bank for unfair dismissal, alleges ...Financial Post

all 3 news articles »


Marijuana News Online

The Evolution of the Alternative Currency Trading in Bitcoin
Marijuana News Online
Bitcoin is the world's first decentralized cryptocurrency that has been widely accepted. It is used as an alternative currency for exchanging goods and for forex trading. Before Bitcoin was Created. There were several attempts to create an anonymous ...



RadioFarda

Sudden Rise Of Dollar In Iran Stops Currency Trading On Free Market
RadioFarda
Iran's currency took another big hit, falling between 6-9 percent on Sunday, extending a slide to a new record low on continued concerns over a return of crippling sanctions if U.S. President Donald Trump carries out his threat to exit a nuclear deal ...

and more »


HiBusiness (blog)

Virtual Currency Trading Code Of Conduct Enforced On Civil Servants By South Korean Prime Minister
HiBusiness (blog)
Prime Minister Lee Nak-Yeon of South Korea has commanded the preparation and execution of a new code of conduct which particularly tackles government officials virtual currency supervision-related issues. As a result, there has been a current case of ...



HiBusiness (blog)

New Digital Currency Trading Options For Indians As Regulations Intensify
HiBusiness (blog)
New Digital Currency Trading Options For Indians As Regulations Intensify. By Mam Sait Nyan April 25, 2018 Digital Currency No Comments. Abstract. In recent times, digital currency regulation has intensified in Indian, making it challenging to trade in ...



HiBusiness (blog)

South Korea Prevention Method Against Insider Virtual Currency Trading
HiBusiness (blog)
Presently, in South Korea, there is a lack of any legal framework against government authorities insider trading with relevant information regarding virtual currency law. Furthermore, an employee of the South Korea Financial Supervisory Service (FSS ...


Google News

     Large inventory of office cubicle and partitions walls for sale in Northeast Ohio

     Find home remodeling contractors Akron Ohio

Search for estate sales in Akron Ohio

Click here to
OfficeJax free ad space available here improve pagerank with a free one way backlink

 

Find used office equipment in Ohio at www.OfficeJax.Has.It

www.Akron.Has.It

Find the best fleamarkets at www.FleaMarketWorld.Has.It

Find electric powered vehicles at www.NoGas.Drives.It

Flea Market World

Free Automatic Link Exchange

Akron City directory

Find homes for rent
in Akron Ohio
www.homes4rent.has.it

Anonymous and Confidential U.S. Mail Drops - No ID Required reship worldwide

Click here to
post your free classified ad here free advertising and one way backlink
Free one way backlink

 

officejax surplus office furniture outlet Akron, ohio

[Back to Top]

 

auction news and listings for Akron, Ohio

Akron crafts and hobby news center

Akron Ohio pet news

Advertising and promotions Akron, Ohio

The Akron blogging news center

Akron Ohio web site design news

best tips and home remedies

Akron Mortgaging and refinancing

Akron currency trading

Page Ranking Icon

 

Home | Site Map
© 2012 - 2018 All Rights Reserved

 

currency trading forex currency trading online currency trading foreign currency trading currency forex learn online trading currency forex online trading currency day trading currency trading system forex currency trading system currency privateforextrader.com trading currency exchange trading e currency trading currency foreign privateforextrader.com trading book on currency trading currency trading broker currency trading software day trading forex currency currency ireland trading online currency trading system currency future trading day trading for the currency market online foreign currency trading fx currency trading forex currency trading beginner forex training course currency trading currency day system trading currency trading course 4x currency trading currency trading tutorial currency trading information foreign currency exchange trading currency global in market trading started in currency trading commodity  currency trading trading the global currency market international currency trading course in currency trading automated currency system trading foreign currency trading software currency trading strategy currency forex learn trading currency make money trading currency trading signal currency option trading currency forex market trading currency trading made easy chart currency trading currency trading  tip currency foreign forex trading currency demo trading currency trading forex spot rate learn currency trading basics currency trading currency trading for beginner forex currency trading broker currency electronic trading currency game trading currency exchange foreign  forex trading interbank currency trading practice currency trading currency forex fx software software software trading free trading currency guide tool online currency forex trading currency news trading best currency system trading currency trading account currency currency forex forex learn online online trading online currency trading strategy currency trading platform currency forex learn online online trading trading currency trading training company currency exchange foreign trading company currency forex trading currency euro trading currency forex trader trading automated currency trading currency foreign system trading currency market trading currency option trading system currency trading seminar business currency currency home internet trading trading canada currency trading spot currency trading currency exchange rate trading currency forex pair trading using vantagepoint currency network neural trading boards currency forex trading how to start currency trading currency trading australia currency forex tag trading currency forex trade trading currency insurance trading currency trading education live currency trading online currency option trading advisor currency expert trading, commodity currency future trading currency day foreign trading currency exchange link trading credit currency trading