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Thread: Introduction to Bar Charts

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    Introduction to Bar Charts

    Introduction to Bar Charts

    --------------------------------------------------------------------------------

    the bar chart is the most popular type of chart currently in use. it consist of four significant points. high and the low prices which are united by a vertical bar.
    the opening price, which is marked with alittle horizontal line to the left of the bar.
    the closing price, which is marked with a little horizontal line to the right of the bar.

    the bar chart has the obvious advantage of displaying the currency range for the period selected. the most popular period is daily, followed by weekly. other periods may be selected as well.

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    bar cgart is good but for me candle stick is the best visualization is great easy to understand where and what will happen next.

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    I think bar chart also have some pattern, such the pin bar pattern, because actually pinbar pattern in use with the bar chart. But due many trader use candlestick, so out use in candlestick anyway

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    Quote Originally Posted by tornado66 View Post
    Introduction to Bar Charts

    --------------------------------------------------------------------------------

    the bar chart is the most popular type of chart currently in use. it consist of four significant points. high and the low prices which are united by a vertical bar.
    the opening price, which is marked with alittle horizontal line to the left of the bar.
    the closing price, which is marked with a little horizontal line to the right of the bar.

    the bar chart has the obvious advantage of displaying the currency range for the period selected. the most popular period is daily, followed by weekly. other periods may be selected as well.
    I think maybe you mean like Pinocchio bar or PINBAR,, together with the candlestick looks like we will read how the movement because of the market psychology is reflected in the candlestick or PINBAR it, I think both are good to use the monitor in market psychology

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    Quote Originally Posted by tornado66 View Post
    Introduction to Bar Charts

    --------------------------------------------------------------------------------

    the bar chart is the most popular type of chart currently in use. it consist of four significant points. high and the low prices which are united by a vertical bar.
    the opening price, which is marked with alittle horizontal line to the left of the bar.
    the closing price, which is marked with a little horizontal line to the right of the bar.

    the bar chart has the obvious advantage of displaying the currency range for the period selected. the most popular period is daily, followed by weekly. other periods may be selected as well.
    nice post and nice information ablout bar chart but my dear am dont use this because am found candle stick chart more useful and it also very useful for every trader and specialy for newbies

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    Quote Originally Posted by tornado66 View Post
    Introduction to Bar Charts

    --------------------------------------------------------------------------------

    the bar chart is the most popular type of chart currently in use. it consist of four significant points. high and the low prices which are united by a vertical bar.
    the opening price, which is marked with alittle horizontal line to the left of the bar.
    the closing price, which is marked with a little horizontal line to the right of the bar.

    the bar chart has the obvious advantage of displaying the currency range for the period selected. the most popular period is daily, followed by weekly. other periods may be selected as well.
    Thank you for sharing the information with us. In my opinion, this is an interesting tread to be discussed further. I'm still going to listen to this Tread. Keep update and thanks.

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    I think the bar graph, pin the pattern as a trend, because the model has effectively pinbar a bar graph. However, many traders use candlestick, so, in some cases, brush off

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    Many beginners first start out using line charts in Forex trading, but then later move onto bar charts before finally using candlesticks. Line charts are the most simplistic out of the three main types of Forex charts, which is why beginners tend to use them, rather than more seasoned traders

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    There is no standard making bar chart superior, neither line chart or candle sticks, I believe they all have their peculiarities, strengths and weaknesses. For example, it's very easy to sight a 123 formation on a line chart for those who trade it. For a bar chart, open and close price shows itself obviously. Depending on what you are looking for, the 3 of then are great.

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    applying brand stock chart with Fx trading, ; however , in the future go on top of clubhouse stock chart previous to eventually applying candlesticks. Brand stock chart are classified as the almost all bare-bones outside the several key typhart or maybe luminous made of wax is, I do believe they each include the peculiarities, benefits in addition to weak spots. One example is, it's simple perception some sort of 123 sourcing using a brand information if you deal the item. For just a clubhouse information, start in addition to in close proximity selling price indicates per se definitely. Dependant upon what exactly you want, this 3 connected with subsequently usually are good..............
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