
Bar charts
The most common type of chart showing price action. Each bar represents a period of time - a "period" as short as 1 minute or as long as several years. Over time, bar charts show distinct price patterns.
Candlestick charts
Instead of a simple bar, each candlestick shows the high, low, opening and closing price for that period of time it represents. Candlestick patterns provide greater visual detail as they develop.
Point & figure charts
Point & figure patterns resemble bar chart patterns, except Xs and Os are used to mark changes in price direction. Point & figure charts make no use of time scale to associate a certain day with a certain price action.
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Showing posts with label Price Chart. Show all posts
Showing posts with label Price Chart. Show all posts
Monday, January 12, 2009
Price Chart Types
Posted by FG lowest spread at 5:20 PM 0 comments
Labels: ForexGen White Labels, Price Chart
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