How to make a list of the daily average K-line in foreign exchange market
When conducting foreign exchange transactions, we often need the help of various foreign exchange technical charts to judge the price trend. One of the most important foreign exchange chart tools is the foreign exchange K-line, which is usually the foreign exchange candle chart. According to different time periods, the foreign exchange K-line can be divided into 1 minute, 5 minutes, 30 minutes, 1 hour, daily line, weekly line, annual line, etc, So how to look at the foreign exchange trading day K line do single?
The opening time of K-line on foreign exchange day is from 8:00 a.m. to 8:00 the next day, which is fixed. Under normal circumstances, there is no market in Asian market, with the exception of Asian market fluctuations caused by major changes in fundamentals. The trend of the day mainly occurred in the European plate and the American plate. The European market usually starts after 3 p.m. Starting from 3 p.m., the market has been out of 7 hours, that is, out of 7 hours K-line, you just use the daily K-line that starts at 3 p.m. to do single, K-line is more red, otherwise it is empty, you can win in probability.
In general, the following methods can help you win in Probability:
Short term: Rik red, more directions; The sun is dark and the direction is empty.
Medium and long term: the general direction is bull trend, only long, every day the next day the K line is black, is more admission, even if set, a few days later will be profitable( Note: I'm talking about probability, not absolute
To learn how to judge the daily K-line, you have to take the time to learn the meaning of the K-line. Don't use the K-line of stocks in foreign exchange. Especially don't use the K line of Chinese stocks. Because, China's stock market is capital driven, who has large capital, who will cheat, who can make K-line. The daily K-line of the foreign exchange market is that no one can fake it.
The following are the basic knowledge that we must master: the simplest way to make daily K-line single
(1) K is more red than black;
(2) The upper shadow is long and empty, while the lower shadow is long and many;
(3) The two Koreas fought side by side, and the next day they had more shocks;
(4) Platform big K red, price to the sky;
(5) High level phagocytosis black K move, the next day back to empty boldly; The red K fire was engulfed in the low position, and the next day it was much bolder;
(6) Two K, one high and one low stations, the trend is in sight;
(7) Trend back to draw k, patience and so on the next day;
(8) The box broke through the K, and the market turned more.
Please understand every word patiently and in actual combat. Every word is not absolute.
Finally, one thing to keep in mind:
The shape of the K-line (Japanese candle chart) only indicates the possible reversal or continuation of the shape. It does not mean that things will happen 100%. You must always take into account the actual situation of the foreign exchange market and what the price tells you.
This is the foreign exchange market, nothing is unchangeable!
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作者:cleverboy
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来源:Learn forex trading – Foreign exchange blog
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