Introduction to forex technical analysis methods

Introduction to forex technical analys cashbackforexbtc methods, when conducting forex technical analysis, good technical analysis methods are vital to forex investment The statistical, mathematical calculations and charting methods based on historical price and volume information are the main means of technical analysis methods In this sense, technical analysis methods can have a variety of no matter how technical forex analysis methods are generated, people are most concerned about The purpose is to use it to predict future price movements, so as to serve the investment decision, so we introduce only the more commonly used (of course, is also more practical) some technical analysis methods Generally speaking, according to convention, technical analysis can be divided into the following five categories: indicator school; tangent school; morphology school; K- cashback forex school; wave school 1, indicator school Forex trading Time; indicator school to consider all aspects of market behavior, the establishment of a mathematical model to give a mathematical formula to get a number that reflects the inner essence of a certain aspect of the cashbackforexreview cashback forex market This number is called the indicator value indicator value of the specific value and the relationship between the interrogation directly reflects the state of the stock market, to provide guidance for our operational behavior of the party [sentence indicator reflects something mostly from the market statements directly At present, the world used in the foreign exchange market technical indicators of various names, countless, at least in more than a thousand For example, the relative strength indicator (RSI), stochastic indicators (KD indicators), convergence indicators (DMI), smoothed dissimilarity average (MACD), energy tide (OBV), psychological line, deviation rate, etc. These are very famous technical indicators, in the stock market has flourished and The foreign exchange trading, with the passage of time, new technical indicators continue to emerge to enrich and expand the family 2, tangent school tangent school is according to certain methods and principles in the foreign exchange chart to draw some straight lines and then according to the situation of these straight lines speculate on the future trend of foreign exchange prices these straight lines are called tangent line tangent line role is mainly to play the role of support and pressure support line and pressure line after the extension of the position of the price trend to play a certain restraint role in general, foreign exchange prices in the process of lifting from the bottom up, a touch of pressure line, even far from touching the pressure line, will turn down; similarly, foreign exchange from the top down in the process, in the vicinity of the support line will turn up in addition, if the tangent line is not turned, but continue up or down, which is called a breakthrough breakthrough, this straight line still has a practical role, but the name changed the original support line. Only the name has changed the original support line into a pressure line, the original pressure line will become a tangent line tangent analysis of the stock market is mainly based on the characteristics of the tangent line tangent line drawing method is the most important, draw the bad directly affect the results of the forecast Currently, there are many ways to draw the tangent line, they are long-term research after the essence of the famous trend line, channel line, etc. In addition, there is a golden section line, the Ganns line, angle line, etc. In practice, people benefit from these lines 3, the school of morphology Morphology is based on price charts, the shape of the trajectory of the past period of time to predict the future trend of foreign exchange prices of the method of assumptions 1 tells us that the behavior of the market, including all information price pattern is an important part of market behavior, is the foreign exchange market on a variety of information after the feeling of Specific performance, with the price trajectory or form to predict the future of foreign exchange prices is very reasonable from the price trajectory of the form of a, we can speculate what kind of foreign exchange market in a large environment, thus giving some guidance to our future behavior famous patterns are M head, W bottom, head and shoulders bottom and so on more than a dozen, these patterns are also the crystallization of peoples wisdom 4, K-line school line school of Research approach is to focus on a number of days of K-line combination, speculation on the foreign exchange market, the contrast between the strength of the long and short sides, and then determine the foreign exchange market, who has the advantage of the long and short sides, foreign exchange training courses, is temporary, or decisive and line chart is the most important chart for a variety of technical analysis, we will be introduced in detail later alone a day of the K-line pattern there are more than a dozen, a number of days of K-line combination types can not be counted People after continuous experience, found - some of the combination of foreign exchange trading guidance, and, new results are constantly being found, is the use of the righteous line in East Asia is very popular, the majority of foreign exchange investors into the foreign exchange market, technical analysis is often the first to contact the K-line chart