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Foreign exchange K-line chart drawing method and classification


Forex rebate for you Forexrebateforyou there are many forms, not l rebateforexindonesiated here in practice, K-line chart more trading days as a unit to draw, getforexrebate to judge the medium-term market, often with the help of weekly K-line, monthly K-line and even annual K-line so-called weekly K-line, refers to the Monday cashback forex as the opening highestrebateforex, to close on Friday as the closing price, the highest and lowest price of the week as the high and low points to draw K-line chart, while the monthly K-line need to be a month of The first trading day of the opening price, the last trading day of the closing price and the highest and lowest price of the month to draw K-line chart K-line chart drawing and classification K-line chart, also known as the yin and yang candle, was initially used by the Japanese rice business to indicate the rise and fall of the price of rice tools, later introduced into the stock market, and gradually popular in Southeast Asia K-line chart with its intuitive, three-dimensional characteristics and popular among investors practice has proved that the study of K-line chart can be more Accurate prediction of the future market direction, but also a clearer judgment of the power of the long and short sides of the contrast, thus providing an important reference for investment decisions Before drawing the K-line chart should first prepare a coordinate paper, according to a certain proportion of the corresponding position of the stock price (index) The common coordinate paper on the market is generally 10 × 10 (mm) for the small frame, 100 × 50 (mm) for the large frame If drawing the SSE K-line chart, the vertical axis is generally can represent 1 point per millimeter, while the horizontal axis represents 1 trading day per 5 mm After determining the scale of the coordinate paper, when drawing the chart, you should first mark the opening price with a small horizontal line on the coordinate paper corresponding to the date and stock price (the width of the horizontal line can be 2 mm), and then draw the closing price with a small horizontal line of the same width on the position corresponding to the date and stock price, and then use two vertical lines to separate the left end of the opening price from the left end of the closing price and the right end of the opening price from the left end of the closing price. Then use two vertical lines to connect the left end of the opening price to the left end of the closing price and the right end of the opening price to the right end of the closing price, forming a rectangular entity. If the opening price of the day is the lowest price, the closing price is the highest price, then the K-line chart without upper and lower shadows, commonly known as "bald and barefoot (large/small) positive line" (large or small according to the K-line entity to determine) it shows that the opening of the market that day is up, more than the absolute position If the opening price of the day is the highest, followed by a decline in share prices, closing at the lowest point, then the K-line chart also no lower shadow, commonly known as If the opening and closing of the day are in the same position, there is no entity on the K-line chart, commonly known as a cross if the closing is slightly lower than the opening, it is called a "positive cross"; if the closing is slightly higher than the opening, it is called a "negative cross". If the closing is slightly lower than the opening, it is called a "negative cross", which indicates that the two sides have basically reached a balance after a day of head-scratching If the lower shadow is long (generally more than two times the entity) and no upper shadow or a very short upper shadow, the K-line pattern is like a hammer, commonly known as a "hammerhead" If the upper shadow is long (generally more than two times the entity) and no upper shadow, the K-line pattern is like a hammer, commonly known as a "hammerhead" If If the upper shadow is long (generally more than twice the entity) and there is no lower shadow or the lower shadow is very short, the K-line pattern resembles an inverted hammer head, so it is commonly called "inverted hammer head" If the opening and closing are close and there is no upper shadow but a lower shadow, the K-line pattern resembles a T-shaped, commonly called "T-star " If the opening and closing close, and no lower shadow line but has an upper shadow line, commonly known as "inverted T star" Of course, there are many K-line chart patterns, not here to list in practice, the K-line chart more trading days as a unit to draw, and to judge the medium-term market, often with the help of weekly K-line, monthly K-line and even annual K-line so-called weekly K-line, refers to the opening price on Monday, to close on Friday for the closing price, the highest and lowest price for the week to draw K-line chart, while the monthly K-line need to be the first trading day of the month for the opening price, the last trading day of the closing price and the highest and lowest price for the month to draw K-line chart for short-term operators, the 5-minute K-line, 15-minute K-line, 30-minute K-line and 60-minute K-line Also has an important reference value of the current popular computer analysis software generally have these time-of-day K-line chart, investors can use in the specific study and judgment, generally to the daily K-line, supplemented by the weekly K-line, time-of-day K-line for reference at the same time to the index K-line chart and the stock price in the X-line chart combined analysis, so as not to be confused by the institutional fraudulent lines of large investors

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