How to read the Forex K-line chart? Even beginners can easily earn foreign exchange

　　Like investing in stocks,learning technical analysis is an integral part of investing in foreign exchange and the basis for trading foreign currency exchange rates.How to grasp foreign exchange trend analysis?How can short-term foreign exchange operations achieve a high winning rate?What are the rules of foreign exchange trends?Next,the editor will explain to you the most practical foreign exchange margin technical teaching in the simplest and most straightforward way.

　　We trade in financial markets,which is more of a job than investing or speculating.If you want to do a job well,in addition to having a clear understanding of the content of the job itself,mastering the correct methods and necessary skills can do more with less.To trade in the international foreign exchange market,you must have a clear and real sense of the market.A trader who has no sense of trading is like a car driver who does not know how to control the steering wheel.This is incredible,and the K-line chart is the core of trend analysis.Today,I will teach you how to read the foreign exchange K-line chart.

　　What is pan feel?

　　The sense of disk refers to the feeling realized when looking at the market and analyzing technical indicators such as K-line in the financial market.It is based on a memory of past successful experiences.When we see a similar trend pattern next time,our minds will be.There is a strong expectation of rising or falling,and this feeling is the feeling of pan.If you are an experienced trader,you usually have this experience:when the feeling of the plate is particularly strong,it is like watching a water droplet on the leaf crumbling and about to fall down.When the water droplet really hits the ground,we have already predicted in advance.Now,the realization of this process is in line with our expectations.This feeling is very comfortable and full of fulfillment,which is the so-called disk feeling.When we have a rich sense of disk,we often encounter such a situation in trading.

　　Why should foreign exchange trading exercise disk sense?

　　Usually,the larger the time period for trading,the higher the requirements for obtaining market information,and the lower the reliance on market sense;and the smaller the time period,the lower the requirements for market information,and the higher the dependence on market sense..Especially for short-term foreign exchange trading,it is usually only necessary to understand the market fundamental framework information of the day before trading every day to determine the general direction.In the process of trading,there is almost no need to understand too much market information,and It is completely dependent on the sense of disk for trading.For traders who often do short-term trading,the sense of pan is the most basic and most important trading skill.

　　How to exercise disk sense?How to read the Forex K-line chart?

　　There are many ways to exercise the sense of disk,mainly for the research and observation of technical graphics.Some technical graphics with the same height often indicate important changes in the market.Today,I will share with you the most intuitive and effective technical graphics.-K-line chart.By tracking and studying the K-line chart,we can understand everything that has happened in the market,feel the current mood of the market,and predict the future trend of the market.When we combine these three organically,we form what we call a sense of disk.

　　Six points of K-line exercise disk feeling!Even beginners who understand line charts can easily earn foreign exchange

　　1.The starting point when each round of market starts,usually starting with a small positive line

　　The small Yang Xian usually represents the beginning of a bullish change.When the small Yang Xian appears,it means that the market power is undergoing a subtle conversion.A bullish signal appears in the original bearish environment,and a wave of rising market usually starts from it.

　　In the 1-hour chart of EURUSD(EURUSD)in the picture,each short-term rise begins with a small Yangxian,which welcomes a larger Yangxian.Usually,when this signal appears,the short-term profit-loss ratio is the largest.The range of the small Yang line is small,so the stop loss does not need to be set too large,but it is expected to see at least one medium or large Yang line,and the profit is several times the actual range of the small Yang line.

　　2.The end point at the end of each round of the market,usually ending with a small Yinxian

　　Similarly,the small positive line represents the end of the short market and the beginning of the long market.The small negative line represents the end of the long market and the short market is about to start.

　　In the 1-hour chart of GBPUSD(GBPUSD),each short-term decline starts with a small Yinxian.If you observe carefully,you can also find that every time the decline slows down or is about to rebound,a small Yang line will appear first in the disk.

　　3.Resistance level,usually marked by a breakthrough by the mid-yang line

　　There are many ways to mark the resistance level of the market,such as the previous high point/previous transaction intensive area/integer mark/golden section point,etc.A wave of rising starts from the small Yang line as the basic symbol,and the middle Yang line is used to establish the direction of the upward trend,In fact,the middle Yangxian is the release of the power of the small Yangxian,which is the verification and affirmation of the bullish trend.Therefore,we usually see the mid-yang line after the small yang line,indicating that the bulls are spreading,but how high the trend can continue depends on whether the resistance level can be broken in the form of the mid-yang line.

　　For example,in the 1-hour chart of spot gold(XAUUSD),in the recent rise,the green line is the resistance level.The rise of the market often breaks the resistance in the form of a mid-yang line,thus confirming the effective continuation of the upward trend.

　　4.Support level,usually marked by being pierced by the mid-yin line

　　Similarly,in a downtrend,it is necessary to break the key support in the form of a mid-yin line to indicate that the bear trend is effective and continued.

　　In the 1-hour chart of Brent crude oil(UKOIL),in this downtrend,each break below the previous low support level is confirmed by the shape of the mid-yin line,and the downtrend continues effectively.

　　5.The process of continuous rise,usually appearing in a row in the middle of the Yang line or the big Yang line

　　The big Yangxian is a stronger form of expression than the Zhongyangxian,with a larger amplitude and stronger strength than the Zhongyangxian.In the process of rising,seeing the continuous mid-yang line and the big Yang line indicates that the trend is continuing,and we can still take advantage of the trend and go long for dips.

　　The continuous mid-yang line and the big Yang line continued to appear,maximizing the strength of the uptrend and constantly hitting new highs.

　　6.A continuous downward process,usually appearing in a row with medium or large Yinxian

　　Similarly,in a downtrend,the continuous appearance of a large Yinxian or a large Yinxian is the strengthening of the bearish strength,and usually a wave of unilateral downtrends are expressed in this way.

　　In the 1-hour chart of the US dollar against the Japanese yen(USDJPY),the pattern of"small Yinxian-medium Yinxian-big Yinxian"appears alternately in this downtrend,forming a strong unilateral downtrend.

　　write at the end

　　We also need to pay special attention to the use of time periods in actual trading,combining the current short-term trading period with the larger trend period to observe and analyze.Experience changes in market sentiment through short cycles,and understand the structure and evolution of market conditions through long cycles.

　　The exercise disk should be based on the time frame of the trade being made,supplemented by smaller time frames.That is to say,if you are doing 1-hour short-term trading,then you should get a sense of disk through the 1-hour K-line chart,and look for and capture the signal of the K-line in the 1-hour chart.At the same time,you can use the 15-minute K-line chart or the 10-minute K-line chart to verify whether your disk feeling is correct,but you cannot use the K-line chart for more than 1 hour to verify.

　　In order to ensure the accuracy of the current transaction,it is also necessary to judge the general trend to identify the overall trading environment,and to ensure that the direction of the transaction is consistent with the general trend.So it needs to be done within a relatively large time frame,which must be at least four to six levels higher than the trader's trading time frame.For example,if the trading time frame is 1 hour,then traders should judge the general trend of the trading environment based on at least 4 hours.By the same token,if the trading time frame is the 4-hour chart,then traders should at least judge the general trend of the trading environment based on the daily chart.

　　With such a flexible application,don’t just look at one cycle,but use multiple cycles as an aid,do more research and screening for commonalities,and establish your own trading model as soon as possible,and the market will naturally become more sophisticated.