Daily Chart


SUBMITTED BY: chanhtin

DATE: Dec. 9, 2015, 2:09 a.m.

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  1. BREAKING DOWN 'Daily Chart'
  2. Daily charts display all of the price movement for the period and are typically used by day traders to implement short-term strategies.
  3. Because the forex operates 24 hours a day, there is technically no stoppage of trading between one trading day and the next as there is in other markets. As a result, the convention is to consider a forex day to be from 5pm EST to the same time on the following day, and most daily charts are displayed this way.
  4. Read more: Daily Chart Definition | Investopedia http://www.investopedia.com/terms/d/dailychart.asp#ixzz3tmlN2Qxv
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