How to Read Forex Charts

Bar Charts (sometimes called OHLC (Open, High, Low, Close) Charts)

A bar forex chart gives traders a little more information than a line chart. They show closing prices but, at the same time, they also give low and high indications of opening prices. Within each bar, the lowest part of the vertical line represents the lowest traded price for the specified currency pair during a

Bar Charts (sometimes called OHLC (Open, High, Low, Close) Charts) Read More »