Market Charts

Even the biggest PROs in trading use helping tools.

Trading would be almost impossible without the use of the relevant helping and informational tools. One of them is simply irreplaceable – the chart. There are various charts showing the price movements in currency pairs, commodities, indices, and stocks alongside other indicators.


Different types of charts

Probably the easiest form of charts that you can use for a start is the Line chart. Line charts are based on the lines drawn from one closing price to the next. These charts show the general price movement of the symbol over a specific period of time in a very simple manner. They also help recognize trends, and this is why they are so popular among beginners.

One of the most common chart types is the Candlestick chart. It is, again, simply a chart composed of individual candles, which you use to understand price behavior. But there are more components here as you have four indicators showing where the price opened for a period, where the price closed for a period, and the prices’ highs and lows as well.


Methods for using
Candlestick charts:

The way you read it depends on your preferred trading strategy and the time period.
You can take advantage of candle formations or try to recognize price patterns.


Why should you use Tradit’s charts?

Overall, chart-reading is one of the most important technical skills you
have to learn. Once you know what you are looking for, you will find a
pattern. This way, you will be able to consider when is the best time to buy,
sell or wait for an opportunity.

Need help?

Customer Support

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Hop on our chat support and type in all your troubles. We will make them go away in a timely manner.


You can also find whatever you need right this instant by browsing around our Frequently Asked Questions section.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading with CFDs.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.


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