Hi,
I just got started with trading and am confused about why the open and close are so different from the variation in price over a given range. The open and close give the candle stick its body size based on which a lot of people call it different names. But what makes those two instants so different from the normal price variation like in a bar chart?
When you are pertaining on candlesticks then this link might help you out.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks . Usually candle stick charts being used when you are really pertaining on closing and opening prices and in my opinion i do easily read up when it is being showed on candle form than on bars.