If you are a beginner and you want to learn the basics of Forex Trading or you want to learn the core of Technical Analysis with detailed examples please visit the Forex Trading Courses page. You will find huge amount of valuable information and video tutorials worth thousands of dollars if you had to purchase expensive courses, and now you can have them all for FREE. See you there.
Well both are representing the same information, just in different ways. So it all depends on your preference. 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.
If you are a beginner and you want to learn the basics of Forex Trading or you want to learn the core of Technical Analysis with detailed examples please visit the Forex Trading Courses page. You will find huge amount of valuable information and video tutorials worth thousands of dollars if you had to purchase expensive courses, and now you can have them all for FREE. See you there.
Want to learn more? Of course you want! Find the complete set of lessons for the Forex for Beginners course below.
Lesson 1. Trading Currency Pairs
Lesson 2. What is scalping?
Lesson 3. Intra Day Trading
Lesson 4. End of Day Trading
Lesson 5. Traders Psychology
Lesson 6. Best Trading Hours
Lesson 7. How to interpret Prices of Currency Pairs
Lesson 8. Forex Pip
Lesson 9. Bid Ask Forex Prices
Lesson 10. Brokers Spread
Lesson 11. Currency Leverage and Margin
Lesson 12. Forex Lots
Lesson 13. Forex PIP Value
Lesson 14. How to Calculate Profit and Loss
Lesson 15. Currency Trading Platform
Lesson 16. Forex Bar Charts
Lesson 17. Candlesticks Charts
Lesson 18. Bars or Candlesticks Charts?
Lesson 19. What’s Next? Technical Course
