What Are Line Graphs, Bar and Candlestick Charts?
Line Graph – The line graph is one of the most commonly used analytic tools and is seen in all the different forms of trading. Line graphs are typically employed to indicate price movements over a period of time in order to recognize emerging trends and explore opportunities. Forex traders employ line graphs to register price movements over the course of the day and also to chart comparative price movements for weeks and months and even for years. Line graphs also help Forex traders find a moving average over a more extended period of time. Bar Chart -A bar chart uses a more familiar format to present data. Price movements are indicated vita vertically inclined bars. Taller bars indicate a larger price variance from high to low, which means greater volatility. The high price is indicated at the top of the bar and the low price is indicated at the bottom. A bar chart will also features small indicators to the let and the right of each bar; the opening price is indicated on the left hand
