PDA

View Full Version : Bar chart



oussama94
05-28-2017, 00:54
Bar charts provide traders with four key pieces
of information within any timeframe: the ****ing,
closing, high and low prices during each interval.
Bar charts can be viewed in many dif ferent
timeframes, and hence a single bar can
summarise price movements over the past
minute, over the past month or even further
back in time. Different traders use timeframes
in various ways, although a good rule of thumb
is that the longer the timeframe, the greater
its significance, as it accounts for more data and
hence better reflects the market’s psychology.