Trend analysis should pay attention to these key points: 1. Pay attention to the important points of the market. There are two main methods for foreign exchange trend analysis, which are fundamental analysis and technical analysis.
In technical analysis, traders can intuitively see the changes in the market trend through the feedback of the price chart and technical Pointers, and determine the important points such as support points and resistance points, which is the basis for entering the market.
In general, the support point has a certain stopping effect on the market, while the pressure point will hinder the price rise.
Traders can follow these patterns by going long on support, short on pressure, and chasing orders at broken levels.
2. Pay attention to influential fundamental information traders can also use fundamentals to do foreign exchange trend analysis.
In short, any event related to changes in the economic and political situation of the foreign exchange country will affect the trend. Traders should pay close attention to and be familiar with the mechanism of influence.
Generally speaking, an appreciation of the currency can be partly triggered by events that promote economic and political stability.
Otherwise, there is depreciation risk.
3. Strict stop-gain and stop-loss can effectively make up for the loopholes of foreign exchange trend analysis. In many cases, foreign exchange trend analysis plays a crucial role in the improvement of trading quality.
Therefore, traders in the effort to learn foreign exchange trend analysis methods at the same time, but also to find ways to avoid the emergence of loopholes.
In the limit platform strictly set stop-loss, is a good solution.
Stop-profit and stop-loss can protect profits and limit losses. The limit platform can ensure the strict execution of stop-profit and stop-loss, which can not only make stop-profit and stop-loss go smoothly, but also avoid the risk of sliding point and greatly increase the stability of trading.
Foreign exchange trend analysis has great guiding significance for trading, traders can grasp the important points of the market through technical analysis, and use fundamental analysis to roughly determine the future direction of foreign exchange.
But always be prepared for the failure of forex trend analysis.
The dollar rose on rising risk aversion and gold closed at its highest level in nearly three weeks.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
