There are four types of price charts Forex, one of them, which will be covered in this article is the tick (tick chart). This schedule has the lowest scale of one tick. Due to the small time interval in a single tick, this graph represents a set of uneven columns. The height and location of the column on the vertical axis shows the change in value of a currency for the shortest period of time. This method of presentation is best suited to monitor small changes of currencies. Its also nice to use for tracking currencies, the value of the cost of which will change dramatically over a short period of time and currency, value, value which is almost unchanged, but is constantly fluctuating. Every self-respecting trader must be able to use this tool in their work, it helps prostroit precise strategy for further action, coupled with an analysis of various events in the near term. Now, without the knowledge and understanding of the Forex charts do nothing. I recommend to all, before their work properly deal with this kind of schedule, to understand what benefits it provides.
No comments:
Post a Comment