Futures Trading Commodities charts are more than just lines and patterns. Trading charts are essential in a futures commodities trading company’s success. Through this charts, traders will be able to predict future outcome of bonds and prices.
To fully understand futures trading commodities charts you need to know first the different terminologies used in this graphs.
So the first question will be what are price charts? A price chart is simply a series of prices plotted over a detailed time frame. In trading terms charts are often referred to as time series plots.
On a futures trading commodities chart, the vertical axis or the commonly known y-axis stands for the price range and the horizontal axis or more commonly known as the x-axis is for the time scale.
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Friday, August 3, 2007
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