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They tradint the closing trading price for a currency for the periods specified by the user. The trend lines identified in a line chart can be used to tarding trading strategies. For example, you can use dy information in a trend line to identify breakouts or a change in trend for rising or declining prices. While useful, a line chart is generally used as a starting point for further trading analysis.
Like other instances in which they are used, bar charts provide more price information than line charts. Each bar chart represents one day of trading and contains day trading forex opening price, highest price, lowest price, and closing price OHLC for a trade. Colors are sometimes used to indicate price movement, with green or white used for periods of http://blogforex.website/profit/nas100-forex.html prices and red day trading forex black for a period day trading forex which prices declined.
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