Expressions of price movement

Expressions of price movementKnow of any shops in the financial markets that the study of price movement and expected future direction of the price is the basis of successful trading.Therefore, traders have developed over decades of experience in various countries several forms of expression of the price movement in the graphMake up the price of the utmost clarity, accuracy and ease at the same time, short enough to take a look at the graphOf a currency to be able to take a lot of information about the price of the currency and thus makes it easy to predict the direction of price movement.At present there are 3 methods to express the movement of the currency - or the stock or commodity - are the most commonly used among allTraffickers in various parts of the world and in different types of stock exchanges and financial markets:Liner chart line graphBars chart chart ZulqillanJapanese candle stick chart diagram with a candles JapaneseYou may seem somewhat strange names, but a little practice will enable you to discover for yourself how these types of recognitionMovement of exchange rates with ease severe.By a program can be transmitted graphs of any style for the last push of a button example, you can monitor the price of a currencyUsing a chart with bars and then transmitted to monitor the price chart using the candles with a Japanese touch of a buttonData are similar but vary mode of expression and choice is the preference of the shops and relaxNow we will explain three methods Vtaba us.16Liner chart line graphA graph to reflect the currency in the form of a line every point of the closing price of the currency for each time period.(As you can see in Figure (3(Figure (3This is a graph of the euro against the dollar and the time frame is the time.You know how much the price of the euro against the dollar at the end of each hour (closing price) by looking at the graphAs I read any ordinary graph.As you can see, the price of the euro was rising behind the hour and hour.(As in Figure (417(Figure (4See the chart for the price of the euro against the dollar and the time frame is today.7, and then turned to rise. / As you can see, the price of the euro and was lower at 30Technique is a line graph is less commonly used types of graphs, where the other two types account for most of the attentionTraffickers because the other two species of greater and giving an accurate and clear information to the shops.As the shapes and patterns do not really use this kind of graphics but little and the purpose of disclosure formsShow more clearly this type of graphs.18Bar Chart chart with barsA method developed by traders in Western countries and is still common in these countries, which are expressed in the currency price movementIn barsWhat is the penis and how it reflects the price movement?Represents a penis and one unit of the time period you choose.Will be your goal, hourly For example: if we assume that you want to monitor the pound sterling against the dollar on the basis of each hourHere to learn how much the price of the pound at the beginning of the previous hour, and at the end of any opening price and closing price for this time as well asYou want to know how much is the highest price and how much is the minimum price of a pound in the previous hour is the highest price and lowest price and this isThings that you care to learn in the previous hour and the hour before and which were accepted for several hours earlier.Each rod will be an hourTop bar represents the highest price of a pound during this time.The bottom bar represents the lowest price of a pound during this time.Small line on the left bar represents the opening price is the price at which it was the pound at the beginning of this hour.Small line on the right bar represents the closing price is the price at which it was the pound at the end of this time.(As you can see in Figure (519(Fig. (5Thus, for each hour earlier, where each bar represents one hourYour goal here will be to know, daily, and if we assume that you want to monitor the price of the pound sterling against the dollar on the basis of every dayWhat was the pound at the beginning of the previous day and end of any opening price and closing price for the day and also want to know howThe highest price and how much is the minimum price of a pound a day earlier and were the highest price and lowest price and these are the things that you careLearned the day before and the day before and the day before for a few days earlier.Each rod will be a dayTop bar represents the highest price of a pound during the day.The bottom bar represents the lowest price of a pound during the day.Small line on the left bar represents the opening price is the price at which it was the pound at the beginning of this day.Small line on the right bar represents the closing price is the price at which it was the pound at the end of the day.(As you can see in Figure (620(Figure (6Thus, for each day earlier, where each bar represents one day.This applies to any time frame you choose as a penis and one unit of this time frame, in the framework will be a minute of eachBar one minute and in the framework of each week will be a bar one week and you will be able to know the highest price and lowest price and the priceOpening and closing price for each time period the same way.You can find out what time frame represented by the graph by reading the sentence at the top left of the drawing is the sentence thatShows you the type of currency represented by the graph and the time period represented by the graph.Summarize what was explained as follows:Shops could consider the price of any currency on the basis of any period he pleases.When choosing stores a period of time to study the price movement on the basis of the bars represent the time periods of each bar represents the periodIf the hour or day or minute .. Etc..Shops that can know what is the opening price, closing, highest and lowest price for each period separately.We'll take a few examples here:21: Example 1See the following formThe drawing of the euro against the dollar and the time frame is the time (not shown to the sentence that you specify that in the previous picture).Penis 1: represents the price movement at the third where the opening price = 9759. At the same time, the lowest price reachedHim to the euro during this time. , Price = 9771. At the same time the highest price reached by the euro.. Penis 2: represents the price movement at the second, where the opening price = 9747. And the lowest price during the time Azh = 9745. The closing price = 9759. The highest rate was during this time = 09762Penis 3: represents the price movement at the one where the opening price = 9740. The lowest price reached during this time =. 9739. The closing price was = 9747. The highest rate was = 9752: Example 222See the following formThe fee for the price of the dollar against the Swiss franc and the time frame is week.Penis 1: represents the current week (later) where the price of the franc at the beginning of the week (opening price), a = 1.6240Price refers to the small line to the left of the penis, was the highest price reached by the franc this week = 1.6250A price that refers to the top of the penis, and the price of the franc at the end of this week (closing price) = 1.5875, a. Price refers to the small line to the right of the penis, the lowest price of a franc this week was a = 1.5860Penis 2: a week before the opening, where the price of CHF 1.6450 = The highest price was a = 1.6555 was. Price for this week = 1.6235 and the lowest price = 1.6225Penis 3: a week before them, where the opening price was CHF = 1.6675 and the highest price for the week = 1.6725 and the price. Closure = 1.6450 and the lowest price = 1.6440Thus you can easily read the chart for the period that you like and a little of practice you will be able to know All you need informationOnce a quick look at the graph.23Chart with candles JapaneseJapanese candle sticksAnother method is to express the price movement was developed by Japanese traders since the seventeenth century in the futures marketsRice, so his name has become associated with them which method is best and most obvious of the former method has become the method of expressionFor prices is the prevailing method in various parts of the world and in all financial markets and a favorite of most of the traffickers.What Japanese candle?Take the candle as follows:Rectangle represents the body of the candle and a candle lines Almottagablan tail.Each candle represents one unit of the chosen time period, just KalqillanJapanese candle and come in two forms: a rising and fallingEmerging candle: the candle which the body is empty and reflect the rise in price in terms of:The bottom of the body represents the price at which it was the currency at the beginning of the period of time.And represents the highest price at which the body were the currency at the end of the period of time.24Top and tail represents the highest price reached by the currency during the same time period.Represents the lower tail and the lowest price reached during the currency the same time period.(As you can see in Figure (8(Figure (8And because they reflect a candle for the rise of price is the price at the end of the period (closing price) is higher than the price at the beginning of the period (priceOpening), where the price rise in the price when it began and ended at a higher price.Falling candle: the candle is the body that is shaded and reflect the decline in the price in terms of:The bottom of the body represents the price at which it was the currency at the end of the period of time.And represents the highest price at which the body were the currency at the beginning of the period of time.Top and tail represents the highest price reached by the currency during the same time period.The tail below the lowest price reached during the time the currency itself.25And because they reflect the candle falling price is the price at the end of the period (closing price) is less than the price at the beginning of the period (priceOpening), where the price drop in price when it began and ended at a lower price.(As you can see in Figure (9(Figure (9Is not a condition to be emerging is empty candle and candle falling body sometimes be shaded candle emerging greenThe red candle is bearish.You can also use the charts to choose the color that suits you for the candles is important that there is always a difference in shape betweenCandle candle rising and falling.Will be able in all cases and a glance to distinguish between the candle rising or falling and this is important.And we will take a few examples here:: Example 1See the following figure26This fee is for the price of the euro against the dollar and the time frame is one hour.Candle 1: It represents the current time and also see the Candle, they indicate that the upward price moves up during this time whereThat the price it was at the beginning of the currency price = 9731. (The lower side of the body) and the lowest price = 9730. A priceWhich refers to the tail down, and the closing price for this time = 9752. (Upper side of the body) and also notes the price ofHigher than the closing price of the opening so it Shamsa rising, while the highest price reached by the euro in this time = 9757. WhichThe price at which the tail points to the top.Candle 2: It represents the time before that, a candle is also a rising price to open = 9719. The closing price = 9731. The. Started at a time and ended at a higher price so they candle bullish, and the highest price for this time = 9732. The lowest rate = 9717Candle 3: It represents the hour before the previous candle, a candle as you see a bear indicate that the price started at a priceAnd ended at a lower price so they bear a candle, it was the opening price = 9735. (Upper side of the body in the candle falling)The closing price = 9719. (The lower side of the body), which as you can see less than the opening price, the highest price = 9736. And the lowest. . Rate = 971727: Example 2See the following figureThe drawing of the pound sterling and the time frame is a quarter of an hour.Candle 1: represents the current quarter hour, a candle bearish price was about the beginning of this quarter-hour = 1.5528, a price AlafattahAs you can see this was also the highest price of a pound in the quarter-hour, so this Flaeugd for this candle tail up, AsPrice = 1.5526 and the lowest price = 1.5523Candle 2: a quarter of the hour before, was the opening price which is equal to the closing price = 1.5528, so do not see the body for this. The candle began to price quoted at a quarter of an hour and terminated at the same price, the higher rate = 1.5532, the lowest price = 1.5526Candle 3: a quarter of an hour that precedes the previous candle: the candle bearish price = opening and closing price 1.5530 =. The highest rate of 1.5528 = 1.5535 and the lowest price = 1.5527: Example 328See the following figure:The drawing of the Japanese yen and the time frame is today.Candle 1: represents the current day, the candle upward, has begun today on the price of the yen = 125.75, a price and ended the opening day. = The price of 126.00, a closing price, the highest price for the day was 126.10 and the lowest = price = 125.50Candle 2: represents the previous day, a candle upward opening price = 124.40, also the lowest price during the day soFlaeugd for this lower tail of the candle, and the closing price was 125.75 = the highest price reached its currency during the daySo Flaeugd the top of the tail of this candle.Candle 3: It represents the day before the previous candle, was the opening price = 124.40 which is the same price, which closed todaySo attic does not have a body for this candle, and the lowest price = 124.30, while the highest price = 125.00 (called a candle that has no body. (Star star29As you can see, the Japanese candlestick method is accurate and clear way to express the movement of the price, and with some simple training sessionOnce you will be able to take a quick look at the graph you know all the information you need about the movement of the currency that you want toIn the time frame you choose.These are the three main Allochkal in the expression of the price movement has now become able to read and understand.How do I choose between the forms of graphs?Most graphic programs, which Stnzlha on your device allows you to choose the method that you want to view priceAt the press of a button you can switch between the linear method, method, bars or Japanese candles.Which of these methods is best?Japanese candles better, they are more visible .. There is also a special method of analysis depends on forms of candles in the drawingGraph and we'll talk about that later30