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Learning chart types in Pocket Option is important because it helps beginners understand how financial markets display price movements. Candlestick, Bar, and Line charts each present market information differently. Understanding these formats makes it easier to recognize price changes, observe market trends, and study historical movements. It also helps beginners become familiar with trading platforms and technical analysis tools. By learning how to read different charts, you can develop better market awareness and make more informed decisions when studying financial markets. Start by exploring each chart type using a demo account before considering any real-money trading. Remember, no chart guarantees profits.

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Risk Disclaimer
I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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#Trading #BinaryOptions #Forex
Transcript
00:01hey everyone in this video guys i'm going to be showing you how to change the short type in pocket
00:07option in this video for absolute beginner traders okay so if this is your first time using this
00:12trading platform you can use my referral link mentioned in the description box below so that
00:16you can start trading today now many people or many beginner traders asking me like how to change
00:23the short type so when you open like your pocket option account you're gonna find a short type like
00:29this which is the line chart the line chart this one connects the closing prices to show the general
00:36market direction okay and at the same time it's very simple for trend analysis okay great now if
00:44you want to change the short type from line to let's say candles you click on the second tab here
00:52then you
00:52go and change it to candles okay the candle charts they have the shape of candles as you can see
00:59here
00:59on the screen that's first signal of all these candles shows opening closing highest and lowest
01:06prices okay when you have a green candle this is the opening starting from here and this is the closing
01:12point and this is the shadow okay for the red candle it's the opposite they open here and they
01:18close here okay so this type of charts the candles it is useful for price action analysis okay and
01:26candlestick patterns okay now let's jump to the third chart type and to do this you go to bars so
01:35this
01:35is the bar start type so this chart displays open high low and close prices it is useful to understand
01:44the market volatility okay next we're gonna go and use the heikenashi chart type the heikenashi is a
01:53modified candlestick chart that uses average price data to make the market trends smoother and easier
02:01to identify okay so the green candle is a bullish momentum the red candle is a bearish momentum so
02:08this is an overview about how you can change the chart type in pocket option so i repeat again if
02:15this
02:16is your first time using this trading platform and if you are a beginner trader and you want to test
02:21this
02:21platform you can use more for a link mentioned in the description box below thank you guys for
02:25watching do not forget to hit that subscribe button to catch you next time on this channel have a nice
02:29day

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