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Line Chart
A line chart is the simplest type of chart used in trading. It connects the closing prices of each period with a straight line. It gives a clean view of the overall price direction but does not show price action within each period.
Example: If EUR/USD closes at 1.1000 on Monday and 1.1050 on Tuesday, the line chart draws a line connecting those two points, showing an upward move.
A line chart is the simplest type of chart used in trading. It connects the closing prices of each period with a straight line. It gives a clean view of the overall price direction but does not show price action within each period.
Example: If EUR/USD closes at 1.1000 on Monday and 1.1050 on Tuesday, the line chart draws a line connecting those two points, showing an upward move.
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Free Margin vs Used Margin
Used margin is the amount of money currently being held by the broker to keep your open trades active. Free margin is what remains in your account after subtracting the used margin. It is the money available to open new trades or absorb losses.
Example: If your account balance is 1,000 USD and you have 200 USD locked as used margin for an open trade, your free margin is 800 USD.
Used margin is the amount of money currently being held by the broker to keep your open trades active. Free margin is what remains in your account after subtracting the used margin. It is the money available to open new trades or absorb losses.
Example: If your account balance is 1,000 USD and you have 200 USD locked as used margin for an open trade, your free margin is 800 USD.