You are on page 1of 10

BASIC CHART READING

i) Bar chart
ii) Candlestick chart

COPYRIGHT NOTICE
Copyright at Advanced Basic Quantum Trader Program. All right reserved. None of the materials provided on this document may be used, reproduced or transmitted, in whole or in part, in any form or by any
means, electronic or mechanical, including photocopying, recording or the use of any information storage and retrieval system without permission in writing from the company.

Disclaimer: All investing carries some form of risk. We do not recommend any investments and is not liable to any losses by any individuals or entities.
i) Bar Chart (OHLC)

Individual Bar Chart

PRICE
VOLUME + DATE
How To Read Bar Chart (_____)

_____ _____ price of the dayOpen

_____ Close
_______ price of the day

_____ ______
Candlestick Chart
 Originated from ______ in 1850
 Accurately reflect current _________
 Clear ________ the progress of stock price
 Best at identification of ________ price signal and price continuation
How to Read Candle Chart Basics:
Candle Formation
Highest Price of the day

Close

Open

Lowest Price of the day


How to Read Candle Chart Basics

Open

Close
Candlestick Chart
Candlestick Chart Vs Bar Chart
Deeper insight into ________
 A trader can compare the relationship between the _____ and
_____as well as the high and low
Candlestick charts more _________ and _______ to interpret
Clue on trend and _______ change
Use of Candlestick
 Effective technique, mainly to determine any _______ Point

Resistance

Reversal
Point

Support
What candlestick does not show you
 _________ of events
 The high and the low are __________________ , but
candlesticks (and bar charts) cannot tell us which came first
4 Hour Candle 1 Hour Candle

Close

Open