Trader's Glossary

Bar Chart (OHLC)

A style of charting the price movements of a currency, security or derivative. A Bar Chart is also known as OLHC Chart, since it shows the opening and closing prices of an asset, as well as the highest and lowest prices registered in a specific period.
Did you know?

The market share of the top 10 FX players globally reaches 80%.

Word of the day
"Shadow" - Shadows are the thin lines above and below the real body of candlesticks which display the high/low price range. Shadows are also called Wicks.
Pro Tip

pip value in quote currency = pip in decimal places X trade size

UP