The currency graphic is one of the most important indicators that can help you trade successfully. More than just a trend line, this chart shows you the big picture - the future path of the currency you are trading with. More importantly, it helps you make a prediction as to what the exchange rate will be on any given day. Here are the different kinds of charts you can use.
Bar charts. These are similar to the bar charts, you often see in finance magazines. The difference is that they show the price of a single currency pair over a given period of time - usually, one month. You will also get a bar for each day, and some even have an "X" through which you can track your progress.
Line charts. These charts are usually drawn as a horizontal line connecting two points. They show how one currency value is moving along with another. Unlike the bar charts, these do not show any information beyond the range of the data they are drawing.
Pie charts. This looks like a satellite or something on a map, with a number of points (usually referred to as "trend lines") connecting them. Like line charts, they also display data over a certain period of time. But unlike the line charts, they display data in a way that emphasizes the up trends.
Currency graphic. There are no real rules when creating a currency graphic. It can be anything you want as long as you can tell a story with it. The best way to do it is to think of a topic that interests you (such as a certain currency pair), and then look for relevant information about it online, in books, or in magazines.
The next step is to choose a graphic from those available. Pick one that looks great to you and appeals to you. Then copy it from a reliable source into your own template. You can even just download a free graphic from the Internet; there are plenty of sites where you can find these.
Now, all you have to do is print it and follow the directions. Make sure the color is readable, or at least legible. You can always change the color later on if you need to. Just make sure you can read it through. Also, don't forget to include any other information you want to put on the graphic, such as price fluctuations of a certain currency.
Print it out and take it to your favorite local print shop. Ask for their expert assistance. They will probably be able to create something pretty awesome for you, or at least give you some inspiration. Or, better yet, you can use this as a learning experience. Who knows?
I often get asked by beginners exactly how they go about creating their own designs. The answer really comes down to having the proper tools at hand. Whether you are a beginner or an expert, it's always a good idea to have everything that you need within reach, just in case you need them.
For example, let's say you want to create a currency graphic with the image of a particular currency. It's easy enough to locate and grab a currency bar from an online site. But what if you want additional information, such as data on a few different countries that you recently visited?
With a little bit of searching, you can probably find a couple of sites that offer a currency graph that has information on a couple of these countries. However, you might not want to rely solely on one site. You know it's a small world. It wouldn't make sense to just grab the first one that you find. After all, your goal is to create the best graphic, not recreate the entire thing.
Another thing you'll want to do is pay close attention to the style. When you create your own graphic, you should be unique. This means you should definitely leave yourself some time to think about the best way to present it. You don't want it too difficult to create, or you will lose people quickly who are simply after the easiest way to create a currency graphic. As with anything else in life, there is only one way to get it done right.