What is the chart bars (OHLC chart )
charts are likely to "bar" is the most widely used species by traders.
Because they do not give us the closing price only, but also gives us:
Opening price
The closing price
The highest level reached Price
And the lowest level reached Price
The scheme used to identify bars entry point "whether to buy or sell" is the ideal instrument for this work.
At a Glance bars in the scheme can sense how many investors had in that currency trader and general feeling toward it
On the jobs scheme bars ..
1 - First post: OHLC chart give us all the data on currency
2 - The second major function: sensor market expectations
3 - Post III: determining the true direction of the market through the "scene eventually Show"
4 - the fourth post: identifying the point of entry whether to buy or sell, using the strategy (Albar 2, 100 argon)
First post:
OHLC called schemes because it gives all the data on the price as follows:
Open opening price: the small horizontal line to the left is a worthy (opening price)
High highest price: the highest market price reached a summit Albar vertical
Low lowest price: the lowest price the market reached a bottom Albar vertical
Close Close Price: The small horizontal line to the left is a worthy (closing price)
The second major function:
Sensing the aspirations of the market or what we call forms bars ...
(1) small bars
Called "bird nest" and means that the traders, whether buyers or sellers to build its nest using small bars in order to strengthen their readiness for the momentum in the market.
See what happened on the outline of a pair of work
Euro / dollar
The time frame of the scheme hour
(2) bars large
Indicate that the market looking for a way to test new levels of prices
Noted that the same scheme for the euro / dollar
The time frame of the scheme: an hour
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