Thursday, January 7, 2010

Forex Live Chart - Learn To Use Charts

Live forex charts a necessity if you own the market are not planned. 'Live' where the real market data service usage graphics build means are available. Basically, even if this information to get your own analysis aracidir very useful.

Down menu or other interface agilan purposes to analyze the first step is to select the currency. Want beyani After selecting the chart type, usually 4 ways income: line, bar, chandeliers and tables. If a beginner, I recommend beginning with a kind of bar. Once you type, then five minutes, fifteen minutes, weekly, etc. Choose a time

Bar on the graph, each vertical bar within a certain time to see. Top bar and low bar at that time the highest price lowest fiyattir. Each vertical bar, the two horizontal rods, remains the right one. Left and right bar represents the opening bars kapandi this period. Tips: Use feature citizen closer to see clearly.

If planliyorsaniz of using Live Forex charts, at least you should know these things:

Support and resistance to understand
Volatility 100% in that location and Markets yaptirabilir anyone can imagine. But here we are in a certain time, prices do not go above or under a certain price gegmis data Alamaze information.
Example

July-December as EUR / USD price is 1.645 hang never used this resistance at 1645 EUR / YTL is in this period.

Between January and May, USD / JPY prices that average 90,070 YTL 90.70 altina duše never support / JPY water at this time.

From this data input and output to determine support and resistance. Purchasing a conservative approach and sales support for the resistance. A price higher than the resistance groups of such small purchase or sales strategies as well as the Advanced course, just need the right time, currency and trade system.
Note: A troubled past when small groups of support or resistance lines çizilmis.

Indicators
A good map allows you to add software from the various indicators. Indicator, used to make a decision on a mathematical calculation oldugunu prices. Example: MVA to you for a certain period, a certain amount of EMA, etc. I would say the average price weighted price calculation to show

Backtesting
Graphics directly in the system test, which many forex trading back. One or two years of data in the chart above and is based on the system or their own system to see karli and is not the Execute. What the so-called system, they can purchase karli so this data is not working proper.

This is most commonly makes a fatal system will use the current market long before the real action was not. Back-testing this well and we definitely have a look at the graph, but the current market, or at least two or three months before the construction of the test system is required. An account of the practical test is recommended.

Live Forex Chart and to support the basic functions used to trade various ways a good starting explicitly professional future.

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