Trading Chart Using Line Forex
How To Trade With Line Charts The Simplest Kind Of Charts All you need to trade is a horizontal line trading is simple. there is an entire industry built around making you think it is complicated. all you need is a horizontal line on your chart to be a profitable trader. i bet you doubt me, don't you? go long when the price moves up to a price ends in 00, 25, 50 or 75. When trading this system, you will want to start out with clean line charts. the reason we use line charts and not candlestick charts is very simple: it allows us to focus on the things that matter. we want to see the patterns as clearly as possible. Line chart. a simple line chart draws a line from one closing price to the next closing price. when strung together with a line, we can see the general price movement of a currency pair over a period of time. it’s simple to follow, but the line chart may not provide the trader with much detail about price behavior within the period. However, a line chart should not ...