Know any shops in the financial markets that the study of price movement and expected future direction of the price is the basis for successful trading.So has developed traffickers over the decades of experience in various countries several forms of expression of the price movement in the graph make up the price of the utmost clarity, precision and ease at the same time, it is sufficient to look short on the chart for a currency to be able to take a lot of information the price of the currency and thus makes it easy to predict the direction of price movement.At the present time there are 3 methods to express the movement of the exchange rate - or the stock or commodity - they are the most commonly used among all the traders in different parts of the world and in different types of stock exchanges and financial markets:Liner chartBars chartJapanese candle stick chartYou may look somewhat strange names, but a little practice will enable you to discover for yourself how these types of identification on the movement of currency prices with ease severe.Can be generated by the program graphs to move from any style to the latest push of a button example, you can monitor the price of one currency using the chart with bars and then transmitted to monitor the price chart using the candles with a Japanese touch of a buttonThe data are similar but different method of expression and choice is the preference of the shops and restNow we will explain three methods Fattaba us.
Liner chart
A graph which is expressed the price of the currency in the form of a line every point of the closing price of the currency for each time period.
The linear graph method is less commonly used types of graphs where the other two types account for most of the attention of traders, because the other two types give an amount larger and sharper and clearer information to the shops.In fact, does not use this kind of graphs only slightly and with a view to detect patterns where the shapes appear more clearly in this type of graphs.Bar ChartA technique developed by traffickers in the Western countries, is still common in these countries, which is expressed in the currency price movement in barsWhat is the penis and how it reflects the price movement?Represents a penis and one unit of the time period you choose.For example: if we assume that you want to monitor the price of the pound sterling against the dollar on the basis of each hour hourly, would be your goal here to learn how much the price of the pound at the beginning of the previous hour and at the end of any opening price and closing price for this time and also want to know how much is the highest price and how much is the minimum price of a pound in the previous hour is the highest price and lowest price and these are the things that you care to learn that in the previous hour and the hour before and which has been accepted for several hours earlier.Each rod will be an hourThe top of the penis represents the highest price of a pound during this time.The bottom of the penis is the lowest price of a pound during this time.Small font on the left bar represents the opening price is the price at which it was the pound at the beginning of this hour.Line small penis on the right represents the closing price is the price at which it was Pound at the end of this time.Let's assume you want to monitor the price of the pound sterling against the dollar on the basis of every day, daily, will be your goal here to learn how much the price of the pound at the beginning of the previous day and end of any opening price and closing price for the day and also want to know how much is the highest price and how much is minimum price of a pound on the previous day are the highest price and lowest price and these are the things that you care to learn the previous day and the day before and the day before for a few days earlier.Each rod will be onThe top of the penis represents the highest price of a pound during the day.The bottom of the penis is the lowest price of a pound during the day.Small font on the left bar represents the opening price is the price at which it was the pound at the beginning of this day.Line small penis on the right represents the closing price is the price at which it was Pound at the end of the day.This applies to any time frame Takhtarp where a penis and one unit of this time frame, in the context minute would be all bar one minute and in the framework of the week will be all bar one week and you will be able to know the highest price and lowest price and the price of the opening and closing price for each time period the same way.You know what time frame is represented by the graph by reading the sentence at the top left of the drawing, a sentence that shows you the type of currency represented by the graph and the time period represented by the graph.
Japanese candle sticksWhich is another method to express the price movement developed by traffickers Japanese since the seventeenth century in the futures markets for rice, so the name was connected with them is the best method and most obvious from the previous method has become the method of expression for price is the predominant method around the world and in all markets Finance and my favorite most of the traffickers.Each candle represents one unit of the chosen time period, just KalqillanJapanese candle and come in two forms: a rising and fallingEmerging candle: the candle is that her body be empty and reflect the rise in price in terms of:Price represents the bottom of the body as it was the currency at the beginning of the period of time.And represents the highest price the body as it was the currency at the end of the period of time.Top and tail represents the highest price reached by the currency during the same period of time.Represents the lower tail and the lowest price reached during the currency the same time period.
Falling candle: the candle that is shaded is her body and reflect the drop in price in terms of:Price represents the bottom of the body as it was the currency at the end of the period of time.And represents the highest price the body as it was the currency at the beginning of the period of time.Top and tail represents the highest price reached by the currency during the same period of time.The tail below the lowest price reached during the time the currency itself.And because they reflect the candle falling price is the price at the end of the period (closing price) is less than the price at the beginning of the period (opening price), where the price drop in price when it started and ended at a lower price.
Not a condition that the candle will be empty and emerging shaded candle falling body Sometimes it's emerging green candle and candle falling red color.You can also program using charts to choose the color that suits you best of candles is important that there is always a difference in form between the candle rising and falling candle.Will be able in all cases and a glance to distinguish between the candle ascending, descending and this is important.That the way the Japanese candles are clear and accurate way to express the price movement, and with some simple training session and will be able to glance at the graph from knowing all the information you need about the movement of the currency that you want in the time frame you choose.
These are the three main forms of expression for the price movement has now become able to read and understand.How do I choose between the forms of graphs?Most graphic programs, which Stenslha on your computer that allows you to choose the method that you want to view the price and push of a button you can switch between the linear method or style bars or Japanese candles.Which of these methods is best?Japanese candles better, they are more visible .. There is also a special method of analysis depends on forms of candles in the graph and we'll talk about it later
0 comments:
Post a Comment