With the proficiency of K-chart, you can not only choose to trade naked K-line, but also use it in combination with other techniques.
1, K chart Miscellaneous talk K chart from Japan, the earliest used in rice futures trading.
With this trading strategy, the inventor of Japan’s rice market in the 17th century made a name for himself.
Later, it gradually evolved into the Japanese investment market candlelight chart technology, which is applicable to various trading markets.
The K chart is a representative of the technical side.
It tracks trends and can signal ahead of time.
All market sentiment and market supply and demand will be shown through the K-plot.
But the signal sent by K line chart also has certain uncertainty and will send false signals.
Therefore, we usually use a combination of K-plots and techniques.
The K chart (also known as the candle chart) is the most widely used market price chart for stocks, futures, and other investments.
The K line contains four pieces of information: the opening price, the closing price, the high price and the low price.
The opening price refers to the first price within the K line cycle, and the corresponding closing price refers to the last price;
The highest price is the highest price in the K-line cycle, and the lowest price is the lowest price in the cycle.
There are several components of a K-line diagram: the upper line, the lower line, and the middle entity.
The rectangle in the middle is called the solid.
The thin line above the entity is called the upper shadow line, and the lower part is called the lower shadow line.
The highest point of the upper line is the highest price, and the lowest point of the lower line is the lowest price.
The entity is divided into Yang line and Yin line.
When the closing price is higher than the opening price, the solid part is generally painted red or white, called the “Yang line”;
When the closing price is lower than the opening price, the physical part is usually drawn in green or black, called the “shade line”.
The physical part of the K-line diagram is long and short.
Long indicates that there is a large gap between the opening price and the closing price;
Some are not solid, indicating that the opening price is the same as the closing price, and the K line is called the reticle.
And some K lines have no shadow, which means that the opening or closing price coincides with the lowest or highest price.
The K line without the top line is called the bald K line, and the K line without the bottom line is called the bald foot K line.
3. The K line of foreign exchange trading is different from the K line of stocks. The Japanese waxwork technology is also widely used in the stock market, which is more mature than the K line of foreign exchange in China.
However, there are some differences between the two because of the way the exchange market trades.
First, the foreign exchange K chart is continuous relative to the stock K chart, so the non-weekend intervals are usually small.
The K line is segmented due to the trading hours of the stock market.
The price of the stock K line is very volatile, so the entire K line can reach 5 times more than the physical length, but there will not be such a long K line except during major news or black swan events.
Foreign exchange transactions can be traded on a non-exchange, so the volume cannot be calculated, but the volume of stocks can be shown in a K-plot.
In general, if you want to analyze the foreign exchange K line, you can also use the futures position report to estimate.
The ups and downs of the pandemic dented risk appetite, the dollar strengthened gold fell, and oil prices fell more than 2%.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
