Home » Candlestick Chart

Candlestick Chart

« Back to Glossary Index

Last Updated on: 16th February 2021, 02:48 pm

The candlestick chart is the most popular chart used in Forex. It is a nicer, more graphical version of the bar chart. Built of candle-shaped sticks. Green (or white) candles indicate uptrends and red (or black) candles represent downtrends. Each candle shows the open, close, high, and low prices for the specific time frame.

Monetary Policy

Monetary policy refers to the actions taken by a nation’s central bank to influence the availability and cost of money and credit to Read more

Kathy Lien

Kathy Lien is an expert in global currencies, author, and Managing Director of BK Asset Management. For retail FX traders back Read more

European Parliament

The European Parliament is the European Union’s law-making body. It is directly elected by EU voters every 5 years. It is a Read more

Open Position

An active trade that has yet to be closed.

« Back to Glossary Index