In an earlier issue, we introduced several charting techniques like line chart, bar chart, candlestick chart, point & figure charts, etc. Since there are several trading rules based on candlestick chart patterns, let us study them in detail now. Bar chart vs Candlestick chart - A candlestick chart is also plotted with 4 share price data (i.e., open, high, low and close) like a bar chart. However, traders prefer candlestick charts because they are visually more appealing. Traders can also recognise the mood of the market just by looking at the colour and length of the candle’s body and shadows. Candle Body - In a candlestick chart, the portion between open and close is highlighted as a thick line and is commonly known as the body of the candle. This is because the relationship between the opening and closing prices explains a lot about the action during the day and is much more important than the extreme trades, which are usually captured as high or low of the day. If the … [Read more...] about What are candlestick charts?
Euro price chart
The scandal has since ensnared a string of car companies, although Mitsubishi Motors had so far avoided being dragged into the controversy. But the Tokyo-based firm did in 2016 admit to falsifying fuel-economy tests for 25 years to make the cars seem more efficient than they were. … [Read more...] about German raids over suspected Mitsubishi diesel fraud
NEW DELHI: Poland and India both believe in rules-based world order and there is opportunity for both democracies to join hands to contribute towards contributing rules-based order amid the current geo-political tensions, according to Slawomir Debski Director Polish Institute of International Affairs. Article 51 of India’s Constitution refers to promotion of international peace and security and this enables Delhi and Warsaw with similar approaches to promote global security and order, Slawomir Debski told ET on the side lines of just concluded Raisina Dialogue. “We believe in legitimate approach to international law. Polish foreign policy prides on anti-imperial outlook.” “There is scope for India and Poland, Central Europe’s biggest nation, to safeguard cyber space from emerging threats. Besides there is scope for collaboration in innovation and start-up sector,” Debski said, adding, ”the direct Delhi-Warsaw flight has also given opportunity … [Read more...] about India-Poland can promote rules-based world order: Polish Institute of International Affairs