How to read a chart: candles and timeframes
Click an underlined word to see what it means.
A chart is nothing scary. It is just a picture of how the price moved. Every is one little box that tells you 4 things: where price started, where it ended, how high it went and how low.
A green candle means the price went up. A red one means it went down. The thin lines above and below are called the .
Timeframe
You can look at the same chart from far away or up close. You choose that with the :
- 1 day: one candle is a whole day. You see the big trend.
- 1 hour: you see what is happening this week.
- 5 minutes: you see the details for entering a trade.
Beginners love to watch only the 1-minute chart and get lost in the noise. Always look at the bigger timeframe (day, hour) first, then the smaller one.
What a candle tells you about people
A big green candle without wicks means buyers were winning the whole time. A small candle with long wicks means buyers and sellers couldn't agree. Once you see that at a glance, you're halfway to reading charts.
✅ Quick check
A candle is red and has a long wick at the bottom. What happened?
Education, not financial advice. Trading futures is risky and you can lose more than you put in.