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The most basic techniques for speculating in foreign exchange

Some speculators feel that technical analys cashback forex indicators are obscure East forex cashback difficult to understand, there is a fear of them In fact, in addition to technical indicators, we forexcashbackcalculator also observe the trend pattern of the Eastforexcashback rate to grasp the timing of the market The foreign exchange market operates continuously 24 hours a day, up and down, never stop its trend is like the Earths day and night transition, and the cycle begins and ends correspondingly, we can be divided into the market trend of the exchange rate bottoming, rising We can judge these patterns by observing the exchange rate chart, such as the commonly used K-line chart a. The bottoming phase of the exchange rate bottoming pattern generally has a triple bottom, head and shoulders bottom, double bottom (W bottom) and semi-circular bottom (pot bottom) and other bottom horizontal construction area, representing the more momentum accumulated, the greater the magnitude of the rise in this phase, should be low buy high sell range operations, such as conservative can Give up the winning opportunities at this cashbackforexbtc, to the next stage Second, the rising stage when the exchange rate broke the neckline of the previous bottom, it indicates the beginning of a round of upward trend, and the height of the rise is generally the vertical height of the previous bottom This stage is like the physical strength of young people, desperately live forward and run far, jump high, although there is little endurance but encounter difficulties as long as a short rest will be able to start again, like the market The main stage of the rise, the magnitude and speed, although it lasted for a short time, but encountered upward pressure as long as a little back to finish can immediately launch a new round of upward attack The initial period of the stage should be the best time to bravely buy the rising stage is also the main source of our profits Three, the head stage is the late stage of the rise of the market trend at this time attempts to push up again but more than exhaustion can not break through the previous wave The high point, and finally break down through the neckline to complete the head and enter the down phase at this stage, the pre-medium and long-term buy orders should be out, the short term can try to do fast in and fast out of the range operation Fourth, the down phase and the up phase of the same reasoning, only the opposite direction at this stage of disillusionment, the exchange rate is powerless to support, the speed of decline until the momentum disappears into the bottoming phase down phase should be resolutely killed, the stop loss quickly stop loss, or huge losses