Bar Chart Explained!

What is a BAR CHART???

so many theories about it and sometimes these meaning are confusing, I am going to break it down into the simplest form (that's exactly what I'm known for, taking the hardest of terms and breaking them into simplest form)


Opening prices are set by amateurs, whose orders accumulate overnight and hit the market in the morning. 

Closing prices are largely set by market professionals who trade throughout the day.

You can see a reflection of their conflict in how often opening and closing prices occur at the opposite ends of price bars.

The high of each bar marks the maximum power of bulls during that bar. 


The low of each bar marks the maximum power of bears during that bar. Slippage tends to be less when you enter or exit positions during short bars!

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