How to Read Forex Charts: A Step-by-Step Guide

αž™αž›αŸ‹αžŠαžΉαž„αž–αžΈαž€αžΆαžšαž’αžΆαž“αž‘αžΈαž•αŸ’αžŸαžΆαžš Forex αž‚αžΊαž˜αžΆαž“αžŸαžΆαžšαŸˆαžŸαŸ†αžαžΆαž“αŸ‹αžŸαž˜αŸ’αžšαžΆαž”αŸ‹αž’αŸ’αž“αž€αž‡αž½αž‰αžŠαžΌαžšαŸ” αž˜αŸ’αž™αŸ‰αžΆαž„αžœαž·αž‰αž‘αŸ€αž αž”αŸ’αžšαžŸαž·αž“αž”αžΎαž’αŸ’αž“αž€αž‡αžΆαž’αŸ’αž“αž€αž…αžΆαž”αŸ‹αž•αŸ’αžαžΎαž˜αžŠαŸ†αž”αžΌαž„ αž¬αž€αŸαž€αŸ†αž–αž»αž„αžŸαŸ’αžœαŸ‚αž„αžšαž€αž€αžΆαžšαž€αŸ‚αž›αž˜αŸ’αž’αž‡αŸ†αž“αžΆαž‰αžšαž”αžŸαŸ‹αž’αŸ’αž“αž€ αž‡αŸ†αž“αž½αž‰αž“αŸαŸ‡αž“αžΉαž„αž“αžΆαŸ†αž’αŸ’αž“αž€αž‘αŸ…αž€αžΆαž“αŸ‹αžŠαŸ†αžŽαžΆαž€αŸ‹αž€αžΆαž›αž“αŸƒαž€αžΆαžšαž’αžΆαž“αž‘αžΈαž•αŸ’αžŸαžΆαžš Forex αž“αž·αž„αž€αžΆαžšαž”αž€αžŸαŸ’αžšαžΆαž™αž…αž›αž“αžΆαžŠαžΉαž€αž“αžΆαŸ†αžαž˜αŸ’αž›αŸƒαž“αŸƒαž‘αžΈαž•αŸ’αžŸαžΆαžšαŸ” 

 αŸ‘.β€αž™αž›αŸ‹αžŠαžΉαž„αž–αžΈαž˜αžΌαž›αžŠαŸ’αž‹αžΆαž“αž“αŸƒαžαžΆαžšαžΆαž„ Forex” 

αžαžΆαžšαžΆαž„αž‘αžΈαž•αŸ’αžŸαžΆαžš Forex αž”αž„αŸ’αž αžΆαž‰αž–αžΈαž…αž›αž“αžΆαžαž˜αŸ’αž›αŸƒαžšαž”αžŸαŸ‹αž‚αžΌαžšαžΌαž”αž·αž™αž”αŸαžŽαŸ’αžŽαž€αŸ’αž“αž»αž„αžšαž™αŸˆαž–αŸαž›αž€αŸ†αžŽαžαŸ‹αŸ” αžαžΆαžšαžΆαž„αž‘αžΆαŸ†αž„αž“αŸαŸ‡αž”αž„αŸ’αž αžΆαž‰αž‘αž·αž“αŸ’αž“αž“αŸαž™αž”αŸ’αžšαžœαžαž·αŸ’αžαž“αŸƒαž‘αžΈαž•αŸ’αžŸαžΆαžš αžŠαŸ‚αž›αž’αž“αž»αž‰αŸ’αž‰αžΆαžαž±αŸ’αž™αž’αŸ’αž“αž€αž‡αž½αž‰αžŠαžΌαžšβ€‹αžœαž·αž—αžΆαž‚αž€αžΆαžšαžŸαž˜αŸ’αžšαŸαž…αž…αž·αžαŸ’αžαž“αŸƒαž€αžΆαžšαž›αž€αŸ‹αž“αž·αž„αž€αžΆαžšαž‡αž½αž‰αžŠαžΌαžšαŸ” 

αž”αŸ’αžšαž—αŸαž‘αžαžΆαžšαžΆαž„αž‘αžΈαž•αŸ’αžŸαžΆαžš Forex αžŠαŸ‚αž›αž–αŸαž‰αž“αž·αž™αž˜αž”αŸ†αž•αž»αžαž˜αžΆαž“αŸ– 

– β€œαžαžΆαžšαžΆαž„αž‡αžΆαž”αž“αŸ’αž‘αžΆαžαŸ‹(line chart)”: αžαžΆαžšαžΆαž„αžŸαžΆαž˜αž‰αŸ’αž‰αž”αŸ†αž•αž»αžαžŠαŸ‚αž›αž”αž„αŸ’αž αžΆαž‰αžαž˜αŸ’αž›αŸƒαž”αž·αž‘αž“αŸƒαž€αžΆαžšαž‡αž½αž‰αžŠαžΌαžšαž€αŸ’αž“αž»αž„αžšαž™αŸˆαž–αŸαž›αž˜αž½αž™αŸ” 

– β€œαžαžΆαžšαžΆαž„αž‡αžΆαžšαž”αžΆαžšβ€‹(bar chart)”: αž”αž„αŸ’αž αžΆαž‰αž–αžΈαžαž˜αŸ’αž›αŸƒαž”αžΎαž€, αžαŸ’αž–αžŸαŸ‹, αž‘αžΆαž” αž“αž·αž„αž”αž·αž‘αžŸαž˜αŸ’αžšαžΆαž”αŸ‹αžšαž™αŸˆαž–αŸαž›αž‡αžΆαž€αŸ‹αž›αžΆαž€αŸ‹αž˜αž½αž™αŸ”β€‹αžœαžΆαž•αŸ’αžŠαž›αŸ‹αž–αŸαžαŸŒαž˜αžΆαž“αž›αž˜αŸ’αž’αž·αžαž‡αžΆαž„β€‹line chart 

– β€œαžαžΆαžšαžΆαž„αž‡αžΆβ€‹ Candlestick”: αž”αŸ’αžšαž—αŸαž‘αž‚αŸ†αž“αžΌαžŸαžαžΆαž„αžŠαŸαž–αŸαž‰αž“αž·αž™αž˜αž”αŸ†αž•αž»αžαž€αŸ’αž“αž»αž„αž…αŸ†αžŽαŸ„αž˜αž–αžΆαžŽαž·αž‡αŸ’αž‡αž€αžš αžœαžΆαž€αŸαž”αž„αŸ’αž αžΆαž‰αž‘αž·αž“αŸ’αž“αž“αŸαž™ OHLC αž•αž„αžŠαŸ‚αžš αž”αŸ‰αž»αž“αŸ’αžαŸ‚αž‡αžΆαž‘αž˜αŸ’αžšαž„αŸ‹αž‘αžΆαž€αŸ‹αž‘αžΆαž‰αžŠαŸ‚αž›αž˜αžΎαž›αžƒαžΎαž‰αž‡αžΆαž˜αž½αž™αž“αžΉαž„ “αž‘αžΆαž“” αžŠαŸ‚αž›αžαŸ†αžŽαžΆαž„αž±αŸ’αž™αžšαž™αŸˆαž–αŸαž›αž“αžΈαž˜αž½αž™αŸ—αŸ” 

្. β€œαžŸαŸ’αž‚αžΆαž›αŸ‹αž–αžΈαžšαž™αŸˆαž–αŸαž›αž“αžΈαž˜αž½αž™αŸ—β€ 

αžαžΆαžšαžΆαž„ Forex αž˜αžΆαž“αžšαž™αŸˆαž–αŸαž›αž•αŸ’αžŸαŸαž„αŸ—αž‚αŸ’αž“αžΆ αžŠαŸ„αž™αž…αžΆαž”αŸ‹αž–αžΈαž“αžΆαž‘αžΈαž‘αŸ…αžαŸ‚αŸ” αž‡αžΆαž’αŸ’αž“αž€αž‡αž½αž‰αžŠαžΌαžš αž’αŸ’αž“αž€αžαŸ’αžšαžΌαžœαžαŸ‚αžŸαž˜αŸ’αžšαŸαž…αž…αž·αžαŸ’αžαžαžΆαžαžΎαžšαž™αŸˆαž–αŸαž›αžŽαžΆαžŠαŸ‚αž›αžŸαžΆαž€αžŸαž˜αžŸαž˜αŸ’αžšαžΆαž”αŸ‹αžŸαŸ’αž‘αžΆαž™αž€αžΆαžšαž‡αž½αž‰αžŠαžΌαžšαžšαž”αžŸαŸ‹αž’αŸ’αž“αž€αŸ” 

  1. 1 αž“αžΆαž‘αžΈβ€‹ (M1) 
  2. 5αž“αžΆαž‘αžΈ (M5) 
  3. 15 αž“αžΆαž‘αžΈ (M15) 
  4. 30 αž“αžΆαž‘αžΈ (M30) 
  5. 1 αž˜αŸ‰αŸ„αž„ (H1) 
  6. 4 αž˜αŸ‰αŸ„αž„ ​(H4) 
  7. 1 αžαŸ’αž„αŸƒ (Daily) 
  8. 1 αžŸαž”αŸ’αžŠαžΆαž αŸ (W) 
  9. 1 αžαŸ‚ (Monthly) 

៣. β€œαžŸαž·αž€αŸ’αžŸαžΆαž’αŸ†αž–αžΈ candlestick pattern” 

αžαžΆαžšαžΆαž„candlestick αžαŸ’αžšαžΌαžœαž”αžΆαž“αž‚αŸαž…αžΌαž›αž…αž·αžαŸ’αžαž™αŸ‰αžΆαž„αžαŸ’αž›αžΆαŸ†αž„αžŠαŸ„αž™αž’αŸ’αž“αž€αž‡αž½αž‰αžŠαžΌαžšαž–αžΈαž–αŸ’αžšαŸ„αŸ‡αžœαžΆαž•αŸ’αžαž›αŸ‹αž€αžΆαžšαž™αž›αŸ‹αžƒαžΎαž‰αž’αŸ†αž–αžΈαž˜αžΌαž›αžŠαŸ’αž‹αžΆαž“αž“αŸƒαž’αžΆαžšαž˜αŸ’αž˜αžŽαŸαž‘αžΈαž•αŸ’αžŸαžΆαžšαŸ” 

-β€œαžαž½αž“αŸƒcandlestick(Body)” αž‡αžΆαž•αŸ’αž“αŸ‚αž€αžŠαŸ‚αž›αž’αŸ†αž‡αžΆαž„αž‚αŸαž“αŸƒcandlestick αžŠαŸ‚αž›αž’αžΆαž…αž”αž„αŸ’αž αžΆαž‰αž²αŸ’αž™αžŠαžΉαž„αž–αžΈαžαž˜αŸ’αž›αŸƒαž“αŸƒαž€αžΆαžšαž”αž·αž‘αž“αžΉαž„αž”αžΎαž€αž“αŸƒαž€αžΆαžšαž‡αž½αž‰αžŠαžΌαžšαŸ”

-​ β€œαžŸαŸ’αžšαž˜αŸ„αž›αž“αŸƒαž‘αžΆαž“ candlestick(shadows)” αž‡αžΆαžαŸ’αžŸαŸ‚αž¬αžŸαŸ’αžšαž˜αŸ„αž›αž˜αžΆαž“αž›αž€αŸ’αžαžŽαŸˆαž‡αžΆαž”αž“αŸ’αž‘αžΆαžαŸ‹αžŠαŸ‚αž›αž“αŸ…αž–αžΈαž›αžΎαž“αžΉαž„αž–αžΈαž€αŸ’αžšαŸ„αž˜Body αžŠαŸ‚αž›αž”αž„αŸ’αž αžΆαž‰αž–αžΈαžαž˜αŸ’αž›αŸƒαžŠαŸ‚αž›αžαŸ’αž–αžŸαŸ‹αž”αŸ†αž•αž»αžαž“αžΉαž„αž‘αžΆαž”αž”αŸ†αž•αž»αžαž“αŸƒαž€αžΆαžšαž‡αž½αžšαžŠαžΌαžšαŸ”

-β€œαž”αž„αŸ’αž‚αŸ„αž›αž‘αžΎαž„ (bullish candlestick)” αž‡αžΆαž”αž„αŸ’αž‚αŸ„αž›αž“αŸ…αž–αŸαž›αžŠαŸ‚αž›αž”αž·αž‘αžαŸ’αž–αžŸαŸ‹αž‡αžΆαž„αž–αŸαž›αž”αžΎαž€β€‹αžŠαŸ‚αž›αž˜αžΆαž“αž”αž„αŸ’αž‚αŸ„αž›αž–αžŽαŸŒαžŸβ€‹αž¬αž–αžŽαŸŒαž”αŸƒαžαž„αŸ” 

– β€œαž”αž„αŸ’αž‚αŸ„αž›αž…αž»αŸ‡ (bearish candlestick)” αž‡αžΆαž”αž„αŸ’αž‚αŸ„αž›αž“αŸ…αž–αŸαž›αžŠαŸ‚αž›αž”αž·αž‘αž‘αžΆαž”αž‡αžΆαž„αž–αŸαž›αž”αžΎαž€αžŠαŸ‚αž›αž˜αžΆαž“αž”αž„αŸ’αž‚αŸ„αž›αž–αžŽαŸŒαžαŸ’αž˜αŸ…αž“αžΉαž„αž–αžŽαŸŒαž€αŸ’αžšαž αž˜αž‡αžΆαžŸαž˜αŸ’αž‚αžΆαž›αŸ‹αŸ”β€‹ αž€αžΆαžšαžŸαž·αž€αŸ’αžŸαžΆαž–αžΈ candlestickαž“αŸƒαž‘αž˜αŸ’αžšαž„αŸ‹αžšαžΌαž”αžšαžΆαž„αžœαžΆαžŠαžΌαž…αž‡αžΆβ€‹ hammer Doji or Engulfing αž’αžΆαž…αž‡αž½αž™αž’αŸ’αž“αž€αž€αŸ’αž“αž»αž„αž€αžΆαžšαž˜αžΎαž›αž‘αžΈαž•αŸ’αžŸαžΆαžšαž‘αŸ…αž˜αž»αžαž‘αŸ€αžαŸ” 

ៀ. β€œαžŸαž˜αŸ’αž‚αžΆαž›αŸ‹αž€αž˜αŸ’αžšαž·αžαž”αžΆαž αž“αž·αž„ αžαŸ†αž”αžΌαž› ( support and resistance)

αž”αžΆαž αž“αž·αž„ αžŠαŸ†αž”αžΌαž› αž‚αžΊαž‡αžΆαž‚αŸ†αž“αž·αžαžŸαŸ†αžαžΆαž“αŸ‹αŸ—αž“αŸ…αž€αŸ’αž“αž»αž„αž€αžΆαžšαž‡αž½αž‰αžŠαžΌαžš Forex αžŠαŸ‚αž›αž’αŸ’αž“αž€αž‡αž½αž‰αžŠαžΌαžšαžαŸ’αžšαžΌαžœαžαŸ‚αž™αž›αŸ‹αž–αžΈαžœαžΆαŸ” 

β€œsupport” αž‡αžΆαž€αž˜αŸ’αžšαž·αžαžαž˜αŸ’αž›αŸƒαž“αŸ…αž–αŸαž›αžŠαŸ‚αž›αž•αŸ’αžŸαžΆαžšαž€αŸ†αž–αž»αž„αž’αŸ’αž›αžΆαž€αŸ‹αž…αž»αŸ‡αž αžΎαž™αžαŸ’αžšαžΌαžœαž”αžΆαž“αž•αŸ’αž’αžΆαž€αž–αŸ’αžšαŸ„αŸ‡αž˜αžΆαž“αž€αžΆαžšαž‘αž·αž‰αž‘αžΎαž„αžœαž·αž‰αŸ” 

β€œResistance” αž‡αžΆαž€αž˜αŸ’αžšαž·αžαžαž˜αŸ’αž›αŸƒαž“αŸ…αž–αŸαž›αžŠαŸ‚αž›αž•αŸ’αžŸαžΆαžšαž€αŸ†αž–αž»αž„αž‘αžΎαž„αž αžΎαž™αžαŸ’αžšαžΌαžœαž•αŸ’αž’αžΆαž€αž–αŸ’αžšαŸ„αŸ‡αž˜αžΆαž“αž€αžΆαžšαž›αž€αŸ‹αžœαž·αž‰αŸ” 

αž€αž˜αŸ’αžšαž·αžαž‘αžΆαŸ†αž„αž“αŸαŸ‡αž˜αžΆαž“αžŸαžΆαžšαŸˆαžŸαŸ†αžαžΆαž“αŸ‹αžŽαžΆαžŸαŸ‹ αž–αŸ’αžšαŸ„αŸ‡αžœαžΆαž”αž„αŸ’αž αžΆαž‰αž–αžΈαž€αž“αŸ’αž›αŸ‚αž„αžŠαŸ‚αž›αžαž˜αŸ’αž›αŸƒαž’αžΆαž…αž”αž‰αŸ’αž…αŸ’αžšαžΆαžŸαŸ‹ αž¬αž‡αžΆαž”αŸ‹αž‚αžΆαŸ†αž„ αžŠαŸ„αž™αž•αŸ’αžαž›αŸ‹αž±αŸ’αž™αžˆαŸ’αž˜αž½αž‰αž“αžΌαžœαž±αž€αžΆαžŸαž€αŸ’αž“αž»αž„αž€αžΆαžšαž…αžΌαž› αž¬αž…αžΆαž€αž…αŸαž‰αž–αžΈαž€αžΆαžšαž‡αž½αž‰αžŠαžΌαžšαŸ” 

 αŸ₯. β€œαž”αŸ’αžšαžΎαžŸαžΌαž…αž“αžΆαž€αžšαž”αž…αŸ’αž…αŸαž€αž‘αŸαžŸβ€ 

αžŸαžΌαž…αž“αžΆαž€αžšαž”αž…αŸ’αž…αŸαž€αž‘αŸαžŸαž‚αžΊαž‡αžΆαž€αžΆαžšαž‚αžŽαž“αžΆαž‚αžŽαž·αžαžœαž·αž‘αŸ’αž™αžΆαžŠαŸ„αž™αž•αŸ’αž’αŸ‚αž€αž›αžΎαžαž˜αŸ’αž›αŸƒ αž”αžšαž·αž˜αžΆαžŽ αž¬αž…αŸ†αžŽαžΆαž”αŸ‹αž’αžΆαžšαž˜αŸ’αž˜αžŽαŸαž”αžΎαž€αž…αŸ†αž  αž“αŸƒαž‚αžΌαžšαžΌαž”αž·αž™αž”αŸαžŽαŸ’αžŽαŸ” αžŸαžΌαž…αž“αžΆαž€αžšαž–αŸαž‰αž“αž·αž™αž˜αž”αŸ†αž•αž»αžαž˜αž½αž™αž…αŸ†αž“αž½αž“αžšαž½αž˜αž˜αžΆαž“: 

-“Moving Average “αŸ– αž’αŸ’αžœαžΎαž±αŸ’αž™αž‘αž·αž“αŸ’αž“αž“αŸαž™αžαž˜αŸ’αž›αŸƒαžŠαŸ†αžŽαžΎαžšαž€αžΆαžšαžšαž›αžΌαž“αžŠαžΎαž˜αŸ’αž”αžΈαž€αŸ†αžŽαžαŸ‹αž“αž·αž“αŸ’αž“αžΆαž€αžΆαžšαž€αŸ’αž“αž»αž„αžšαž™αŸˆαž–αŸαž›αž‡αžΆαž€αŸ‹αž›αžΆαž€αŸ‹αžŽαžΆαž˜αž½αž™αŸ”

– β€œRelative Strength Index (RSI)” αžŸαžΌαž…αž“αžΆαž€αžšαžŸαž“αŸ’αž‘αž»αŸ‡αžŠαŸ‚αž›αž”αž„αŸ’αž αžΆαž‰αžαžΆαžαžΎαžšαžΌαž”αž·αž™αž”αŸαžŽαŸ’αžŽαžαŸ’αžšαžΌαžœαž”αžΆαž“αž‘αž·αž‰αž›αžΎαžŸ αž¬αž›αž€αŸ‹αž›αžΎαžŸαŸ”

– β€œMACD (Moving Average Convergence Divergence)β€αŸ– αžŸαžΌαž…αž“αžΆαž€αžšαžŸαž“αŸ’αž‘αž»αŸ‡αžαžΆαž˜αž“αž·αž“αŸ’αž“αžΆαž€αžΆαžšαžŠαŸ‚αž›αž‡αž½αž™αž€αŸ†αžŽαžαŸ‹αžŸαž‰αŸ’αž‰αžΆαž‘αž·αž‰ αž“αž·αž„αž›αž€αŸ‹αžŸαž€αŸ’αžαžΆαž“αž»αž–αž›αž“αŸƒαž•αŸ’αžŸαžΆαžšαŸ”

៦. β€œαž”αŸ’αžšαžΎαž€αžΆαžšαžœαž·αž—αžΆαž‚αžαž˜αŸ’αž›αŸƒαž‡αžΆαž˜αž½αž™αž“αžΉαž„αžŸαžΌαž…αž“αžΆαž€αžšαž”αž…αŸ’αž…αŸαž€αž‘αŸαžŸ(Technical Indicator)” 

Trader αžŠαŸ‚αž›αž‘αž‘αž½αž›αž”αžΆαž“αž‡αŸ„αž‚αž‡αŸαž™αž”αŸ†αž•αž»αžαžαŸ‚αž„αžαŸ‚αžšαž½αž˜αž”αž‰αŸ’αž…αžΌαž›αž‚αŸ’αž“αžΆαž“αžΌαžœαžŸαž€αž˜αŸ’αž˜αž—αžΆαž–αžαž˜αŸ’αž›αŸƒαž‘αžΈαž•αŸ’αžŸαžΆαžšαž‡αžΆαž˜αž½αž™αž“αžΉαž„αžŸαžΌαž…αž“αžΆαž€αžšαž”αž…αŸ’αž…αŸαž€αž‘αŸαžŸαžŠαžΎαž˜αŸ’αž”αžΈαž’αŸ’αžœαžΎαž±αŸ’αž™αž€αžΆαžšαž–αŸ’αž™αžΆαž€αžšαžŽαŸαž€αžΆαž“αŸ‹αžαŸ‚αžαŸ’αžšαžΉαž˜αžαŸ’αžšαžΌαžœαŸ” αžŸαž€αž˜αŸ’αž˜αž—αžΆαž–αžαž˜αŸ’αž›αŸƒαž–αžΆαž€αŸ‹αž–αŸαž“αŸ’αž’αž“αžΉαž„αž€αžΆαžšαžŸαž·αž€αŸ’αžŸαžΆαž’αŸ†αž–αžΈαž…αž›αž“αžΆαž“αŸƒαžαž˜αŸ’αž›αŸƒαžšαž”αžŸαŸ‹αž•αŸ’αžŸαžΆαžš αžαžŽαŸˆαž–αŸαž›αžŠαŸ‚αž›αžŸαžΌαž…αž“αžΆαž€αžšαž•αŸ’αžαž›αŸ‹αž€αžΆαžšαž”αž‰αŸ’αž‡αžΆαž€αŸ‹αž”αž“αŸ’αžαŸ‚αž˜αž…αŸ†αž–αŸ„αŸ‡αž€αžΆαžšαžœαž·αž—αžΆαž‚αžšαž”αžŸαŸ‹αž’αŸ’αž“αž€αŸ”

៧.​ β€œαž€αžΆαžšαž’αž“αž»αžœαžαŸ’αž αž“αž·αž„αž”αž‘αž–αž·αžŸαŸ„αž’αž“αŸβ€

αž˜αž’αŸ’αž™αŸ„αž”αžΆαž™αžŠαŸαž›αŸ’αž’αž”αŸ†αž•αž»αžαžŠαžΎαž˜αŸ’αž”αžΈαž€αžΆαž“αŸ‹αžαŸ‚αž”αŸ’αžšαžŸαžΎαžšαž‘αžΎαž„αž€αŸ’αž“αž»αž„αž€αžΆαžšαž’αžΆαž“αž‘αžΈαž•αŸ’αžŸαžΆαžšβ€‹ Forex αž‚αžΊαžαžΆαž˜αžšαž™αŸˆαž€αžΆαžšαž’αž“αž»αžœαžαŸ’αžαŸ” αž”αŸ’αžšαžΎαž‚αžŽαž“αžΈαžŸαžΆαž€αž›αŸ’αž”αž„(Demo Account) αžŠαžΎαž˜αŸ’αž”αžΈαžŸαžΆαž€αž›αŸ’αž”αž„αž‡αžΆαž˜αž½αž™αž”αŸ’αžšαž—αŸαž‘αžαžΆαžšαžΆαž„αž•αŸ’αžŸαžΆαžšβ€‹ αž–αŸαž›αžœαŸαž›αžΆ αž“αž·αž„αžŸαžΌαž…αž“αžΆαž€αžš(Indicator)​  ​ αž•αŸ’αžŸαŸαž„αŸ—αŸ” αž™αžΌαžšαŸ—αž‘αŸ… αž’αŸ’αž“αž€αž“αžΉαž„αž’αž—αž·αžœαžŒαŸ’αžαž€αžΆαžšαž™αž›αŸ‹αžŠαžΉαž„αž€αžΆαž“αŸ‹αžαŸ‚αž”αŸ’αžšαžŸαžΎαžšαž‘αžΎαž„αž’αŸ†αž–αžΈαž₯αžšαž·αž™αžΆαž”αžαž¬αž…αž›αž“αžΆαž‘αžΈαž•αŸ’αžŸαžΆαžš αž“αž·αž„αžšαž”αŸ€αž”αž’αŸ’αžœαžΎαž€αžΆαžšαžŸαž˜αŸ’αžšαŸαž…αž…αž·αžαŸ’αžαž‡αž½αž‰αžŠαžΌαžšαž€αžΆαž“αŸ‹αžαŸ‚αž†αŸ’αž›αžΆαžαžœαŸƒαŸ” 

αžŸαŸαž…αž€αŸ’αžαžΈαžŸαž“αŸ’αž“αž·αžŠαŸ’αž‹αžΆαž“ 

αž€αžΆαžšαž’αžΆαž“αžαžΆαžšαžΆαž„ Forex αž‚αžΊαž‡αžΆαž‡αŸ†αž“αžΆαž‰αžŠαŸαž˜αžΆαž“αžαž˜αŸ’αž›αŸƒαžŸαž˜αŸ’αžšαžΆαž”αŸ‹β€‹β€‹ TraderαŸ” αžαžΆαž˜αžšαž™αŸˆαž€αžΆαžšαž™αž›αŸ‹αžŠαžΉαž„αž’αŸ†αž–αžΈαž˜αžΌαž›αžŠαŸ’αž‹αžΆαž“αž‚αŸ’αžšαžΉαŸ‡αž“αŸƒαž”αŸ’αžšαž—αŸαž‘αžαžΆαžšαžΆαž„αž•αŸ’αžŸαžΆαžš αž–αŸαž›αžœαŸαž›αžΆ αž›αŸ†αž“αžΆαŸ†αž“αŸƒCandlestick αž“αž·αž„αžŸαžΌαž…αž“αžΆαž€αžšαž”αž…αŸ’αž…αŸαž€αž‘αŸαžŸ(Indicator) αž’αŸ’αž“αž€αž’αžΆαž…αž’αž—αž·αžœαžŒαŸ’αžαž“αŸαžŸαž˜αžαŸ’αžαž—αžΆαž–αžšαž”αžŸαŸ‹αž’αŸ’αž“αž€αž€αŸ’αž“αž»αž„αž€αžΆαžšαžŸαž˜αŸ’αžšαŸαž…αž…αž·αžαŸ’αžαž‡αž½αž‰αžŠαžΌαžšαŸ” αžŸαžΌαž˜αž…αž„αž…αžΆαŸ†αžαžΆαž€αžΆαžšαž’αž“αž»αžœαžαŸ’αžαž’αŸ’αžœαžΎαž±αŸ’αž™αž˜αžΆαž“αž”αž‘αž–αž·αžŸαŸ„αž’αž“αŸαž›αŸ’αž’β€”αžŠαžΌαž…αŸ’αž“αŸαŸ‡αžαŸ’αžšαžΌαžœαž…αŸ†αžŽαžΆαž™αž–αŸαž›αžŠαžΎαž˜αŸ’αž”αžΈαžŸαŸ’αž‚αžΆαž›αŸ‹αžαŸ’αž›αž½αž“αž’αŸ’αž“αž€αž‡αžΆαž˜αž½αž™αž“αžΉαž„αž€αžΆαžšαž’αžΆαž“αžαžΆαžšαžΆαž„αž•αŸ’αžŸαžΆαžš αž“αž·αž„αž€αŸ‚αž›αž˜αŸ’αž’αž™αž»αž‘αŸ’αž’αžŸαžΆαžŸαŸ’αžšαŸ’αžαžšαž”αžŸαŸ‹αž’αŸ’αž“αž€αžαžΆαž˜αž–αŸαž›αžœαŸαž›αžΆαŸ” 

|English Version|

Understanding Forex charts is crucial for any trader who wants to make informed decisions in the foreign exchange market. Whether you’re a beginner or looking to refine your skills, this step-by-step guide will walk you through the basics of reading Forex charts and interpreting price movements. 

1.β€œUnderstand the Basics of Forex Charts” 

Forex charts visually represent the price movements of currency pairs over a specific time period. These charts display historical data, allowing traders to analyze past performance and predict future price trends. The most common types of Forex charts are: 

– β€œLine Chart”: This is the simplest form of chart, showing the closing prices over time. It’s ideal for getting an overview of price trends. 

– β€œBar Chart”: This chart shows the open, high, low, and close prices (OHLC) for a specific period. It provides more detailed information than the line chart. 

– β€œCandlestick Chart”: The most popular chart type among traders, it also shows OHLC data but in a visually appealing format with “candlesticks” that represent each time period. 

  1. β€œRecognize the Time Frames”

Forex charts come in various time frames, ranging from seconds to months. As a trader, you’ll need to decide which time frame is best for your trading style. Common time frames include: 

– β€œ1-minute chart (M1)” 

– β€œ5-minute chart (M5)” 

– β€œ15-minute chart (M15)” 

– β€œ1-hour chart (H1)” 

– β€œ4-hour chart (H4)” 

– β€œDaily chart (D1)” 

Shorter time frames are ideal for scalpers and day traders, while longer time frames are favored by swing traders and position traders. 

  1. β€œLearn How to Interpret Candlestick Patterns”

Candlestick charts are favored by most traders because they provide clear insight into market sentiment. Each candlestick represents a certain time period and contains the following components:

– β€œBody”: The thick part of the candlestick, showing the open and close prices.

– β€œWicks (or Shadows)”: The thin lines above and below the body, showing the highest and lowest prices during the period.

– β€œBullish Candlestick”: When the close is higher than the open, typically shown in green or white.

– β€œBearish Candlestick”: When the close is lower than the open, typically shown in red or black.

Learning to recognize common candlestick patterns such as Doji, Engulfing, and Hammer can help you predict price movements more accurately. 

  1. β€œIdentify Support and Resistance Levels”

Support and resistance are key concepts in Forex trading.  

– β€œSupport”: A price level where a downtrend can be expected to pause due to a concentration of buying interest.

– β€œResistance”: A price level where a trend is expected to pause or reverse due to a concentration of selling interest.

These levels are crucial because they indicate where price may reverse or stall, giving traders opportunities to enter or exit trades. 

  1. β€œUse Technical Indicators”

Technical indicators are mathematical calculations based on the price, volume, or open interest of a currency pair. Some of the most popular indicators include: 

– β€œMoving Averages”: These smooth out price data to identify trends over a specific period. 

– β€œRelative Strength Index (RSI)”: A momentum indicator that shows whether a currency is overbought or oversold.

– β€œMACD (Moving Average Convergence Divergence)”: A trend-following momentum indicator that helps identify potential buy and sell signals. 

  1. β€œCombine Price Action with Indicators”

The most successful traders often combine price action with technical indicators to make more accurate predictions. Price action involves studying the movement of the price itself, while indicators provide additional confirmation to your analysis. 

  1. 7. β€œPractice and Experiment”

The best way to get better at reading Forex charts is through practice. Use demo accounts to experiment with different chart types, time frames, and indicators. Over time, you’ll develop a better sense of market behavior and how to make smarter trading decisions. 

Conclusion 

Reading Forex charts is a valuable skill for any trader. By understanding the basics of chart types, time frames, candlestick patterns, and technical indicators, you can improve your ability to make informed trading decisions. Remember, practice makes perfectβ€”so take the time to familiarize yourself with chart reading and refine your strategy over time. 

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