Welcome to our Trading-Made-Simple video series, where you can learn a little more about the trading world in less than 5 minutes.
To know how the market is going, a trader needs to analyse the “Price Charts”. A price chart reveals how a currency pair is performing and has performed in the past. There are three main types of price charts in forex trading.
In this video, we will be covering:
0:00 Types of Price Charts in Forex Trading
0:36 Structure & Uses of Line Charts
1:28 Structure & Uses of Bar Charts
2:06 Structure & Uses of Candlestick Charts
Want to know more videos like this? Stay tuned to our next video next week.
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Trading involves risk. Past performance is not indicative of future results. Trade with caution.