Page 110 - THE MARKET WHISPERER

108 PART 4 - The Char t: Money ’s Footprint
A day in which no change occurred would look like this:

AAPL Chart for 16 Trading Days

[1] shows the stock price on July 29 starting at its high (peak), dropping,
then ending slightly above the low

[2] shows the AAPL price on July 7 opening slightly above its lowest
point, dropping, then ending at a high

[3] shows AAPL on July 12 showing no change. The open and closing
prices are identical.

A bar can indicate any length of time, from a single day as in the chart
above, to a week, a month, and of course much shorter intraday trading
periods from five minutes, fifteen, a half hour or full hour. Intraday traders
will choose bar charts illustrating from two to thirty minutes. By contrast,