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Like other fx online in which they are used, bar charts provide more price information than line charts. Each bar chart represents one forexnews of trading and contains the opening price, highest price, lowest price, and closing price Ojline for a trade.

Colors are sometimes used to indicate price movement, with green or white used for onlinr 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 review first class forex funds to read than the chart types described above. The upper portion of a candle is used for the opening price read article highest price point of a currency, while the lower portion indicates the fx online price and lowest price point.

A down candle represents a period fx online declining prices and is fx online red or black, while an up candle is forex compound calculator 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 fx online the more common formations for candlestick charts are hanging man and shooting star.

Forex markets are among the most liquid markets in the world.

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Welcome to Mundo-Forex. I started trading fx online the financial markets mainly Forex more than 10 years ago. I'm the author of the articles on this website and of many others fx online on other websites specialised in stock market investment and finance in general. Learn more about me here: About the author.

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