Forex Education Center/ Part 37 / Lesson 18. Bars or Candlesticks Charts

Thank You For Your Support and For Honoring Me With Your Up Vote...

As a reminder the course is aimed for complete beginners.
I tried to keep the lessons short and to the point giving out clear examples
and videos where required.

Lesson 18. Bars or Candlesticks Charts?
Well both are representing the same information, just in different ways.
So it all depends on your preference.

pin_bar_rejection_candle.jpg

Many courses use Candlesticks to explain their material so for this reason candlesticks are most popular.

So try and use both and see with which one you are more comfortable with.

Personally I use bar charts since I find it easy to draw trend lines and find support / resistance points.

But again it is a question of preference.

However sometimes I do switch to candlestick charts to visualise better reversal patterns because yes it is true certain reversal patterns (like hammer, shooting star) are easily to visualise in candlestick charts than bar chart.

Every comment, every upvote, every support is really appreciated.
Thanks For Reading,
@lordoftruth

If you missed to read my
previous posts from the series of Forex Education Center
You will find it in the down list:

 

Part 01 / Live Vs. Demo Trading Accounts

Part 02 / Slippage

Part 03 / ECN Market

Part 04 / What Makes a Successful Price ActionTrader 

Part 05 / The Manual of the Forex Art of War

Part 06 / The Don’ts when you Compare Forex Brokers

Part 07 / What is behind Currency Pair Trading

Part 08 / Banks: Beacons of Fraud

Part 09 / Win With CFD’s

Part 10 / Fight and Win the Bulls and Bears

Part 11 / How to Spot a Forex Trading Fraud

Part 12 /  Become a Master with News Trading

Part 13 / The Forex Risk Management State of Mind

Part 14 / Top 10 Forex Trading Tips for Beginners – The Road to Success

Part 15 / Trader’s Strategy Checklist

Part 16 / E Currency Trading

Part 17 / E CURRENCY TRADING MAP

Part 18 / FOREX TRADING TUTORIALS

Part 19 / FOREX TRADING COURSES

Part 20 / Lesson 1. Trading Currency Pairs

Part 21 / Lesson 2. What is scalping

Part 22 / Lesson 3. Intra Day Trading

Part 23 / Lesson 4. End of Day Trading

Part 24 / Lesson 5. Traders Psychology

Part 25 / Lesson 6. Best Trading Hours

Part 26 / Lesson 7. How to interpret Prices of 

Part 27 / Lesson 8. Forex Pip

Part 28 / Lesson 9. Bid Ask Forex Prices

Part 29 / Lesson 10. Broker Spread

Part 30 / Lesson 11. Currency Leverage and Margin

Part 31 / Lesson 12. Forex Lots

Part 32 / Lesson 13. Forex PIP Value

Part 33 / Lesson 14. How to Calculate Profit and Loss

Part 34 / Lesson 15. Currency Trading Platform

Part 35 / Lesson 16. Forex Bar Charts

Part 36 / Lesson 17. Candlesticks Charts

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