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There are various ways that stock prices are represented [url=http://www.thehygienerevolution.com/hollister.php]www.thehygienerevolution.com/hollister.php[/url] on charts.
The most common charts are what are known as:
?line
?bar
?candlestick.
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They only show the closing prices of the stock and are of little use to traders. Because they don?t show what has happened during the day.
Bar charts represent [url=http://www.burnabystorage.com/barbour.php]barbour italia[/url] both the open and close prices. In addition, they include the high and low of the day. These four prices are critical for your full analysis of a stock?s price action.
Candlestick charts show us all the price information of a bar chart but in a far more graphical and clear way.
The ?story? [url=http://www.par5club.com/louboutin.php]louboutin pas cher[/url] of the stock literally jumps out at you.
When we were first introduced to trading it was with bar charts. But when we discovered [url=http://www.skoda-witzke.de/woolrichoutlet.php]woolrich outlet[/url] candlesticks a few years back [url=http://www.tagverts.com/barbour.php]barbour online shop[/url] we immediately saw the clarity and detail that they provided.
They may seem a little strange to you at first but do persevere. We can assure you that they are the only sort of chart to use!
And candlestick patterns, particularly reversal patterns are one of our favorite tools in chart analysis. Doji, shooting stars and inverted hammers may sound a bit weird at first but they are [url=http://www.rtnagel.com/louboutin.php]louboutin[/url] some of the best friends a trader can ever [url=http://www.teatrodeoro.com/hollisterde.php]www.teatrodeoro.com/hollisterde.php[/url] have!
So if you aren?t familiar with candlestick charts and patterns I would strongly suggest that you learn more, [url=http://www.rtnagel.com/airjordan.php]nike air jordan pas cher[/url] now.
And the VERY BEST explanation of candlesticks [apart from the SMG Tutorials of course!] is Louise Bedford?s ?The Secret of Candlestick Charting?. It is on our booklist in: [link widoczny dla zalogowanych]

David Chandler
[link widoczny dla zalogowanych]
Ordinary People Making Extraordinary Profits
Our comments are offered for educational purposes only. [url=http://www.davidhabchy.com]barbour outlet[/url] We are not providing you with financial advice. We are simply sharing with you what has and hasn't worked for us personally. If you wish to trade [url=http://www.skoda-witzke.de/woolrichoutlet.php]woolrich online shop[/url] or invest in the stock market you should obtain advice from a registered licensed advisor.
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