Daily Chart
Definition of 'Daily Chart'A line graph that displays the intraday movements of a given security. This contrasts to longer term charts, such as those that show a security's movement over a period of days, months or even years. |
|
Investopedia explains 'Daily Chart'Daily charts display all of the price movement for the period and are typically used by day traders to implement short-term strategies.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. |
Related Definitions
Articles Of Interest
-
How To Outperform The Market
Active trading is an investing style that aims to beat the market. Find out how it works, and whether it will work for you. -
An Introduction To Day Trading
This article will take an objective look at day trading, who does it and how it is done. -
Is there any way to check the historical rates of different currencies?
Yes, you can create a daily price chart of different currencies going back many years. Price charts can be found on the internet for free or by subscription to services that offer such data. ... -
Trading Multiple Time Frames In FX
This is often the first - and most costly - level of analysis to be overlooked. -
Charting Your Way To Better Returns
Learn about the powerful hybrid techniques that take advantage of both technical and fundamental analysis. -
How does the foreign-exchange market trade 24 hours a day?
The forex market is the largest financial market in the world, trading around $1.5 trillion each day. Trading in the forex is not done at one central location but is conducted between participants ... -
Basics Of Technical Analysis
Learn how chartists analyze the price movements of the market. We'll introduce you to the most important concepts in this approach. -
Low Expense Top Performing ETFs
A technical look at the four ETFs that rank highest for five-year performance, lowest expense ratio and total net assets. -
Break Into Forex In 12 Steps
Learn how to get started in forex trading. -
Market Summary For June 7, 2013
The major U.S. indices were mixed this week as modest improvements in employment numbers struggled to offset stagnant wages and a slightly higher unemployment rate.
Free Annual Reports