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3. Highest price for the period |
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4. Lowest price for the period |
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Then you choose the style of chart you would like. The two choices we will look at are: (1) a line chart, or (2) a Japanese candlestick chart. |
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Figure 12.2 shows a simple line chart for Dell. It is able to show you one piece of information. In this case it is the closing price over a period of 20 days. |
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Figure 12.2
Line Chart
Copyright 2000, TradeCast® Ltd. |
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Japanese Candlestick Charts |
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We prefer to use Japanese candlestick charts for our trading because you can get more information in the same space as a line chart. Also, you can learn to read the psychology of the market from the various |
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