Vantage FX (http://www.vantagefx.co.uk) looks at different chart types and what traders can decipher from them.<br /><br />Bar Charts<br /><br />This is a chart that plots price movement on a vertical scale. It plots the highest and lowest price during the time period of the bar. Some bar charts will have a 'tick' that shows the closing price of the bar. An opening price can also be incorporated with the opening price on the left of the bar chart.<br /><br />The bar chart provides more information than the line chart but doesn't provide as much as the candle chart. The bar chart will be the 'simplified' version of a chart formation required to use in technical analysis.<br /><br />Bar charts don't publish data or gaps for a weekend but will do so for public holidays were there is no trading, such as Christmas and New Years day. This creates a 5-day week for almost all weeks in the year.
