Monday, January 18, 2010
Candlestick Chart
It’s the oldest types of charts developed in the 18th century by legendary Japanese rice trader Homma Munehisa, this style of charting is very popular due to the level of ease in reading and understanding the graphs.
Each candlestick includes the open, high, low, and close, of the timeframe, and also shows the direction (upward or downward), and the range of the timeframe.
The candlestick provides a visual details more than any other chart.
Each candlestick includes the open, high, low, and close, of the timeframe, and also shows the direction (upward or downward), and the range of the timeframe.
The candlestick provides a visual details more than any other chart.
Labels:
candlestick,
currencies,
forex,
forex trading,
online trading,
timeframe,
types of charts
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