forex market cap

Forex market cap

Phrase forex market cap consider

While useful, a line chart is generally used as a starting point for further trading analysis. Like other instances in which they are used, bar charts provide more forex market cap information than line charts. Each bar chart represents one forex plans of trading and contains the opening price, highest forex market cap, lowest price, and closing price OHLC for a trade.

Colors are sometimes used to indicate price movement, forex market cap green trading markets white used for periods of rising prices and red or black for a period during which prices declined.

Japanese rice traders first used candlestick charts in the 18th century. They are visually more appealing and easier to read than the chart types described above. The upper portion of a candle is used for the opening price and foreign exchanges price point of a currency, while the lower portion indicates the closing price and lowest price point.

A down candle represents a period of declining prices and is shaded red or black, while an up candle is a period of increasing prices and is shaded green or white. The formations and shapes in candlestick charts are used to identify market direction and movement. Some of the more common formations for candlestick charts are hanging man and shooting star.

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