A chart aggregates every buy and sell transaction of that financial instrument (in our case, currency pairs) at any given moment. A chart incorporates all known news, as well as traders’ current expectations of future news. When the future arrives and the reality is · Key Takeaways A forex chart is the graphical representation of the relative price performance of a currency pair or pairs. Technical analysts and day traders look to such charts for signals and patterns to inform their trading decisions. The most common types of Currencies are traded on the Foreign Exchange market, also known as Forex. This is a decentralized market that spans the globe and is considered the largest by trading volume and the most liquid worldwide. Exchange rates fluctuate continuously due to the ever changing market forces of supply and demand. Forex traders buy a currency pair if they
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Forex Trading for Beginners #7: How to Read a Forex Chart by Rayner Teo
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Chart the forex markets like a professional. Amplify your technical trading with a full suite of customization features that allow you to create workspaces that are in-tune with your personal trading style for effective analysis. Our industry leading charts are powered by TradingView. Test Drive Charts Currencies are traded on the Foreign Exchange market, also known as Forex. This is a decentralized market that spans the globe and is considered the largest by trading volume and the most liquid worldwide. Exchange rates fluctuate continuously due to the ever changing market forces of supply and demand. Forex traders buy a currency pair if they A chart aggregates every buy and sell transaction of that financial instrument (in our case, currency pairs) at any given moment. A chart incorporates all known news, as well as traders’ current expectations of future news. When the future arrives and the reality is
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