Hi Teresa,

Glad to hear from you.

In addition to their being an open, close, high, and low for the trading day, there is also an open, close, high, and low for the timeframe chart that you are looking at. So for example if you are looking at a daily candlestick chart, then the open, close, high, and low for each candle will be the open, close, high and low for the day. If however you are looking at a 1 hour chart then the open, close, high, and low for each candle will be the open, close, high, and low for that hour. Similarly if you are looking at a 1 minute chart then the open, close, high, and low for each candle will represent the open, close, high, and low for each minute.

Hope that helps. If there are any other questions or comments on this one please feel free to post as always.

Best Regards,
Dave

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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.