Forex Chart patren
Foreword
Trading is an incredibly hard past time. Many people have become rich by trading in the forex market
but, nevertheless many others have lost. Education is key to your development but with so many
websites, videos, and general material it’s hard to know what will help.
It’s always best to stick to the basics, and then move forward to a more advanced level. The eBooks give
you the basic information and look to build on that base knowledge to leave you in the best position to
continue or begin your trading journey. The information provided is not just for beginners but can be
used by traders with different skill sets, even as a simple reminder.
We have taken all reasonable measures to ensure the accuracy of the information contained herein but
we do not accept any liability for any omissions or errors. The content of this E-book and all related
correspondence are neither a solicitation nor an offer to purchase or sell any financial instrument.
Examples are provided for illustrative and educational purposes only and should not be used as
investment advice or strategy.
No representation is being made that any account or trader will or is likely to achieve profits or loses
similar to those discussed in this e-book.
3 Types of Forex Charts and How to Read Them
• Line chart
• Bar chart
• Candlestick chart
Line Charts
A line chart connects the closing prices of the timeframe you are viewing. So, when viewing a daily chart
the line connects the closing price of each trading day. This is the most basic type of chart used by
traders.
