Last time we talked about the trade history, and we saw that this data is very detailed. It gives us every trade or tick that occurs in the marketplace. When we look at the trade history, we are seeing the actual prices where transactions occurred for a given asset.
Price charts give us a way to summarize the price data over time. If all we had was a table or spreadsheet full of the transaction data, we would probably what to graph it out or get some summary statistics to better understand what is going on, and this is exactly what price charts do for us. These price charts typically come in the form of a candlestick chart with a volume overlay.
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