Candlestick Charts
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Fixed Odds Candlestick Charts
(also see spread betting charts).
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Chart provided by BetOnMarkets, please note that it can initially take 10-15s download the data / start.
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- Looking for another market eg FTSE 100? Click on ‘Instruments’, then ‘World Indices’ then ‘UK Index’
- Forex data is live. All other data is subject to a 15 minute delay
- Data is based on the underlying market
BetOnMarkets Charts
All BetOnMarkets account holders can access the above via the BetOnMarkets website where you can also add a range of indictors, from Simple Moving Averages to a Relative Strength Indicator (RSI) and from Bollinger Bands to Fibonacci Fans.
Open an account with
BetOnMarkets.
Spread Betting Candlestick Charts
A number of the spread betting companies offer charts similar to the one above. Like live prices, if you want to access to candlestick charts then you generally need to open an account with the respective spread betting company. Note that accounts are subject to status.
If your account application is approved then you can log on to their website and access their candlestick charts.
You can often alter the charts to see market data by the minute, by the hour, by the week etc. There are also other settings that you can easily add such as Bollinger Bands and Moving Averages (see examples below).
Spread Betting Companies that Provide Clients Candlestick Charts
Comparison Notes
Spread Betting Candlestick Charts Examples
Brent Crude Oil Candlestick Chart with Moving Averages
GBP USD Candlestick Chart with Bollinger Bands
FTSE Rolling Daily Candlestick Chart with Moving Averages
Candlestick Charts Basics - Moving Average
- If the price is above its Moving Average, then it is seen as being strong. It may be worth researching the market further with a view to buying it
- If the price is below its Moving Average, then it is seen as being weak. It may be worth researching the market further with a view to selling it
- With short term Moving Averages you will get a lot of short term signals
- With long term Moving Averages, your signal will lag
Pros and Cons
- Past performance does not guarantee future results
- Some traders will also want some leeway when using moving averages. Just because a market has moved above or below its MA it does not guarantee a particular result. If judging a chart on a long-term moving average a trader may wait a few days before making their decision
- Naturally MAs have their limits but they can be a useful place to start your research
- Using technical elements such as charts can help take the emotion out of trading
- MA can help to show you when you are betting against the trend. Which you may or may not want to do.
Also see:
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
The above comments do not constitute investment advice and neither Clean Financial nor any contributing company or author accepts any responsibility for any use that may be made of them.
'Candlestick Charts' edited by DB, updated 11-Mar-10
For related pages also see:
Candlestick Charts, updated 11-Mar-10
Free Financial Fixed Odds and Live Spread Betting Candlestick Charts...read article.
Trading Charts, updated 04-Mar-10
What is a Candlestick chart? Where can I find free Candlestick charts? Plus Support and Resistance levels...read article.
Spread Betting - Stop Losses, updated 04-Mar-10
Many people highlight the risks of spread betting, of losing thousands of pounds on volatile markets. And they are right. With spreads you can risk winning or losing a sizeable sum on each bet. So how to have the upside without the downside?...read article.
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Q) Average Trading Results?
A) Get free spread betting tips, offers, price updates, important news and more!
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