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![]() | This article can help you if you want to read a forex, stock, cryptocurrency or any other market chart and you have never been in front of one. And it will also help you if you have done it and it has seemed very confusing to you. submitted by kayakero to CapitalistExploits [link] [comments] Below we are going to see the parts of a trading chart and the three most used types so that you can understand them easily. Knowing how to read the basic information they provide is the first step in learning to trade online. >>>Join free Capitalist Exploits Newsletter >>>Join Premium Insider Newsletter starting from just $1 What is a trading chart?Trading charts show the evolution of the price of a financial instrument over time. When I talk about trading charts, I am referring generically to forex, stock, cryptocurrency, futures, etc. charts. since its representation is totally similar.Below I show you a gold futures chart and in it we see how the price has evolved from the beginning of 2018 to the beginning of 2019. The example belongs to the Tradingview platform and is practically the same as it would be on any other platform to view charts, since they display the information in a similar way. https://preview.redd.it/3gu5dthrc9u81.png?width=810&format=png&auto=webp&s=b7d63bdde0f1137dc5096ef2ea4165243359c7b2 Parts of a chartTo read a trading chart, the first thing is to know its parts. At first glance the main ones would be:
https://preview.redd.it/2o3dlu1eg9u81.png?width=880&format=png&auto=webp&s=826f40b94ac5244bb68a6e666f99353a9ae24fba Types of trading chartsThere are many different types of charts, but in this article we are going to focus on the three most common:
How to read trading chartsReading a cryptocurrency, forex or stock chart in a basic way is not very complicated and you can do it with any of the types that we have seen previously. Next we will learn to interpret each one of them separately.Line charts Interpreting graphs of this type is very simple because they indicate all the information on one line. At a glance we can get a general idea of where the price is moving. pic It is the one that we can generally find in newspapers and television showing stock charts or stock market indices such as the IBEX35. https://preview.redd.it/p32hsoone9u81.png?width=814&format=png&auto=webp&s=713599a6af60f82542c744e98004f18a2eb0f37f Japanese candlestick charts They are the types of charts commonly used by traders. In order to read them, we have to know how to interpret Japanese candlesticks, which are the smallest parts that make it up. The following example is a chart of cryptocurrencies, specifically Bitcoin. pic Each candle has different parts that describe the movement of the price during a certain period of time. For example, if the candles are one day, each one shows the price movement for a whole day. The information provided by each Japanese candlestick is as follows:
https://preview.redd.it/6nxggxung9u81.png?width=1024&format=png&auto=webp&s=9ef8ec16dcbbdb3156362894c0442ca9740324e4 The color of the candlestick body can be changed, but the default is generally green if the price is up from the open and red if the price is down from the open. Bar charts https://preview.redd.it/une7bw1xg9u81.png?width=516&format=png&auto=webp&s=a60f43f621ff73a4a24dac10016130261ab031d9 These trading charts represent the price using bars. The following example is such a Forex chart: pic A bar displays information similar to that of a candle (high, low, open and close price) but in a slightly different way:
TimeframesThe timeframe or time frame tells us how often data is being taken to form a graph.If the chart is a candle or bar chart and we choose a daily time frame, each of these candles or bars is formed over the course of an entire day. If the chart is a line chart and we choose a daily timeframe, at the end of each day the price at that time is generally taken and joined with a line to the price of the previous day, thus forming the chart. The most used time frames are: https://preview.redd.it/cvy77q95h9u81.png?width=1091&format=png&auto=webp&s=ac70a5fcbe900d3450c50e133588fe3b21166d91 The larger the timeframe, the more general the view we get. If we use smaller timeframes, we have more detail of what is happening. >>>Join free Capitalist Exploits Newsletter >>>Join Premium Insider Newsletter starting from just $1 How to study trading charts by adding more informationSo far we have seen several examples of trading charts, but always focusing on the price. But the price is not the only thing that matters and it is always linked to the trading volume.The following example is a stock chart showing price but also trading volume. https://preview.redd.it/o793o9dkh9u81.png?width=1435&format=png&auto=webp&s=22ecc1a292c1f302f552448186f772a81024e38c And finally, you can add some indicators such as the MACD, RSI, ATR or moving averages, which are shown in different areas of the charts. https://preview.redd.it/ju8x49xqh9u81.png?width=1024&format=png&auto=webp&s=a1459c42908fd2c75a43a956999442b40db2a71d What trading charts should you use?Understanding trading charts is the first step in learning technical analysis , but within the different types there are no better or worse ones. It all depends on the use that we are going to give it.The line chart provides very basic information and we can quickly identify the direction of the price. If we trade with the objective of executing more precise entries/exits and we want to know in more detail what is happening, identify support and resistance, etc. It is recommended to use either of the other two. I have personally used both and currently use candlestick charts. |
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For comparison I have added the short version of the CoT report. Here, for example, the changes to the previous report are not shown and the previous positions are not displayed. This makes the report much clearer and easier to read. CoT Report for Forex and the EUR/USD. CoT data is also available for the Forex market. Most people may wonder ... Forex Nageln Wärme Binäre Optionen Erfahrungen 2015 Die Bezeichnung "Black Friday" hat sich Binäre Optionen Beste Strategie Börse Technische Analyse auch hierzulande unter dem Begriff "Schwarzer Freitag" eingebürgert. Durchaus bekannt kommen dem Betrachter die Gründe für die Zahlungsunfähigkeit vor. Search the world's information, including webpages, images, videos and more. Google has many special features to help you find exactly what you're looking for. GETPIVOTDATA − Returns data stored in a PivotTable report. Math and Trigonometry Functions . ACOT − Returns the arccotangent of a number. ACOTH − Returns the hyperbolic arccotangent of a number. BASE − Converts a number into a text representation with the given radix (base). CEILING.MATH − Rounds a number up, to the nearest integer or to the nearest multiple of significance. COMBINA ... Click here to read or submit reviews and ratings for Binomo.com >> otherwise use this thread ("+ Reply to Thread" button below) to start a LIVE discussion and get responses from our FPA members. Useful for all markets (forex, commodities, stocks, indices and others) and timeframes ; Compatibility: MetaTrader 4 ; Monthly updated for free ; How to trade with the Pivot Point Extra Indicator profitably: The Pivot Point Extra Indicator is based on a special mathematical algorithm that can predict future reversals of any market with a high probability. Our Pivot Point indicator is extremely ... Is Binomo FX a fair Forex Broker? True and unbiased reviews, experience of real traders, share your own rating and much more right here by FX Trading Revolution! Olymptrade does not even pay the IB, commission acquired after indicating the broker, invent numerous allegations of fraud, multiple IP. What they did not expect is that I have all the proper data of the users for whom I indicated, registration ID and internal recording of the account in case... Mark Channels Read. What's Going On. Collapse. There are currently 2667 users online. 341 members and 2326 guests. Most users ever online was 25,477 at 06:05 PM on 08-06-2020. Forex Forum - ForexSignals.com Statistics. Collapse. Topics: 2,096 Posts: 57,810 Members: 247,881 Active Members: 7,698 Welcome to our newest member, Osmond. Latest Threads. Collapse. EUR/USD Signals by Hot Forex Signal ... Binomo: WikiFX exposed Binomo to the public many times and has been receiving huge amount of complaints from Nigerian. Binomo is a big trap without regulation and credit.
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How To Read The COMMITMENT OF TRADERS the professional way. The COT Report forex is an important report released by the CFTC every week. Therefore, every week we can conduct COT report analysis ... Need to report the video? Sign in to report inappropriate content. Sign in. Add translations. 2,882 views. 102. Like this video? Sign in to make your opinion count. Sign in. 103 13. Don't like ... COT Report (Commitments of Traders) der CFTC. In diesem Webinar geht es darum, den COT Report kennenzulernen und die Daten richtig zu interpretieren. Es wird... { To get this system and learn how to use it, go to my website. https://myforexmagicwave.com/ and subscribe.} -----... In this video you will learn how to read Order flow, specifically the COT report which is the commitment of Traders, to find the best forex trading and swing... Forex cot report analysis How to use & Trade with COT The Commitments of Traders (COT) is a report issued by the Commodity Futures Trading Commission (CFTC... This is a free webinar presented by Larry Williams of iReallyTrade.com, and hosted by eSignal Learning will show how understating the interrelationship betwe... Today we discuss what the Commitment of Trader (COT) reports are and how we can use them with our forex trading. Reports found here: https://www.cftc.gov/Mar... www.whiteoakfx.com Join a fast growing community of traders learning how the markets actually work and the skills needed to profit consistently. The educatio... Learn more at https://www.dittotrade.com/ Hello and Welcome to the ditto educational series that will provide you with the skills you need to become a forex ...