All About Trading Chart

[Abniali05]

Ver cool awesome and a bundle of big thanks to you my dear friend you have shared very neatly about the charts and also how
To open a position and how much it will cost to open a position in the entry point that is why I am here to learn as much as I can get to be fill of knowledge.

[anis anis]

Peace be upon you and God's mercy and blessings. Thank you my brother for this information and you must renew yourself with everything that is new in the matter
Thank you again and we hope you more God willing
accept my passage

[danish555]

this trading business is great trading business and we trade on the mt4 chart there many options and we select the 15 minutes , 30 minutes chart trading many traders select the 30 minutes chart usually .

[aarabane]

the graphic of the business is like a book tells us the belt of the candle. I think, so that we know how to make money, you have to know how to read in this book, place and time.

[punjabpolice]

mere bhai forex ke trading main ap ne bht he achi information de hai or yeh sab ke liye he best information hai es se muje bht he zida help mile hai or main ap ke es koshish ke qadar krta hon ese waja se tu main es forum main hon ke ap jese best user hain es forum main jo logo ke bht he best help kr rahe hain i like you information

[Sirwan Jamil Ali]

Explanation of more than wonderful I enjoyed reading where there is information I had not noticed before I hope that everyone benefits

[kashi93]

g hum market ki pridiction chart se e karty hain, or candle stick chart subse best hota hai or hum candle dekh k e market ka trend maloom krty hain. pher candles se e market ki opening or closing position check karty hain.

[incomejobs]

Charts- Forex trading requires an even more skillful side to reading. that is, it demands that you learn how to read forex trading charts.

A forex trading chart is basically a chart that plots a currency pair price movement over a period of time. price of currency pair is usually represented in the form of a line, candlestick and a bar.

Different Forex Trading charts presents different time intervals. we can see many time frame as 1M , 5M , 30M, 1H, 4H, 1D, 1W, 1MN. if you are short term trader want some quick pips then you can use minimum time interval time frame and if you are a long term trader then you can use higher time frame for better result.
If you uses combination of short and long both time frame then you will get more better results.


Types Of Charts-
Candlestick Chart- - This type of chart is used by maximum numbers of trader. everyone loves this because it represented the high, low opening and closing all trading period. while the body of the candle or its rectangular part shows the open and close prices and the wick shows high and low prices


Line chart- This chart shows only one price often the closing price for each period.


Bar chart- Bar chart is the part of candlestick chart but it is difficult to read than candlestick chart as this chart plot opening and closing prices with the use of horizotal tick marks and vertical bar


Understanding The Chart- First we need to know that how the currecy pairs expressed in forex charts. when a currency pair is displayed the currency the left side s the base currency and the one on the right is the terms currency


If currency pair is EUR/USD and the forex chart shows the price is 1.1190 this means that it would take 1 EURO to buy 1.1190 US Dollar
if Eur/Usd declines then its means that USD is stronger than EUR and if market goes up side its means EURO is stronger than USD


when you find that the chart shows an upward trend , it might be a good idea to go long, This means buying so that you can sell your investment later when it has gained profit. when you see a downward trend in the forex chart, then you might want to go short.
you also make the chart reading process less complicated by sticking to one type of chart. while you are free to choose anytype, it's best to stick to reading candlestick charts since this type is widely used.


How to read the charts- Learning the art of reading forex charts and getting better at it is not enough to be successful in this trade. in fact it is only half way in making a sound deciion for your investment. determining trends with the use of forex charts is actually is referred to as a technical analysis in forex trading. by training yourself in fundamental analysis you will be a better trader to make good decisions. this approach requires the analysis of economic and political factors to recognize or predict trends.
better read up on the latest news about various nations, particularly the one with the currency you have your investment on.

very good information bhai es say pahe mujh ko in chart ka koi be knowledge na tha ab mujh ko bohut he achi information mil chuki hai or mein es ko achye say learn karney ke bad ab sub kuch jan chuka hon ke mujh ko kiss terha sqy es par work kar ke acha earn karna hai

[sumit981]

Shi bat hai Bilkul apki chart ko janna bhot jruri hota hai kyoki bina chart ko jane apko profit nhi hone wala chart se hi apko market ka or us pair ke behavior ke bare mai pta lgta hai jo trading ke liye bhot jada jruri hai sbse jada use hone wala chart hai candlestick kyoki usse kafi acchi tarah se market ke bare mai pta lg pata hai

[ahmedamro333]

Thanks brother, it is really a great thread that you have shared amongst us. You have clearly described the methods of reading the chart So this enhances me to keep an eye on the market watch. thank you once again

---------- Post added at 01:13 AM ---------- Previous post was at 12:54 AM ----------

hank you for sharing the rules here as most people directly jump before the forum for general conversation they do not get it in mind some foThanks for all information about it hanks for all information about it