GRAPHS / CHARTS

There are several types of charts (graphs) that is used in analyzing the movement of market prices. Graph may be a reflection of price movements per – day, per – week, per – month, per – year, per – hour, per – minute, and so on. The form of charts include:

• Candlestick

Formed from the open price movements – high – low – close (O-H-L-C) and shaped like a stem with a candle with the fuse. Can be formed from the data rates per – minute, per- hours, per – day, per – week, per – month, per 5 minutes, and so on

• Barchart

Shaped line with a similar pattern as candlestick. Open price depicted with horizontal barchart on the left, and the price close to the drawn horizontal to the right barchart. Can be formed from the – data – data rates per – minute, per – hour, per – day, per – week, per – month, per 5 minutes and so on

• Point And Figure Chart

Formed by using the image X and O. Figure X shows the price movement increased, while the picture shows the O move down the price.

• Line Chart

Formed from the Close of the price at the time that happens, such as the movement of the price per – minute, per – hour, per – day, per – week, per – month, per 5 minutes, and so on