News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bearish
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bullish
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Breaking news

Bank of England Leaves All Policy Settings Unchanged

Types of Trading Charts

Types of Trading Charts

Richard Krivo, Trading Instructor

Student’s Question:What I would like to know is... are the forex charts always represented by candlesticks? or is this just a way of describing the trends of charts?Instructor’s Response:Charts are a way of describing/depicting the movements of the currency pairs. Depending on the charting package that you might be using and the choices that are available to you, the movement can be represented by candlesticks, bars or lines...check the examples below...Candlestick charts are far and away the most widely used charting format as they provide all the key pieces of price action (high, low, open and close) and they can be readily interpreted at a glance.

Types_of_Trading_Charts_body_28229d1239925346-post-day-chart-4-16-09.png, Types of Trading Charts

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES