The STA Blog - Tag: rebasing

Charts were not made equal: Some are more useful than others

As a technical analyst you are au fait with bars, candles, and point and figure graphs.  Some might add Renko and Kagi – and did you know that Karagi charts plot precipitation and temperature?  I’m sure there’ll be other styles […]

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Posted in Finance, Markets, STA news, Technical Analysis, Trading, Trending
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Coinciding with currency wars – Rebasing charts

We all know that the euro is plummeting, it’s status as the most hated currency in a long time well established.  But what’s it doing relative to other currencies around the globe?  When some are quoted as US dollars per unit of currency, like the euro, and others as currency per US dollar, like the Japanese yen, how can we compare this frankly motley lot?

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