Nowadays, more and more people are keen on investment and financial management, that is, income after sleep, including funds, stocks, gold, currency speculation, foreign exchange and many other financial management methods.
As one of the most popular investment and financial management methods nowadays, the currency circle is becoming more and more known to more people. In our country, currency speculation is an emerging investment method. Many friends may be inexplicably optimistic about this market and join it.
When we first entered this circle, we may have heard of many people who became rich overnight. As an emerging investment method, the current currency circle is full of countless opportunities, which has fascinated countless people. However, opportunities also come with high risks. Many novice friends don’t know the secret. Trading depends entirely on feelings and operations rely on hearsay.
In fact, currency speculation requires a lot of technical support. Below, I will update the relevant technical knowledge of the currency circle from time to time as a reference for novice players. I hope it can help everyone.
The first knowledge point when looking at the market: K-line chart
The K-line chart originated from the Tokugawa shogunate era in Japan, when rice merchants in Osaka used to record the daily, weekly and monthly rise and fall of rice prices. Later, because this method of recording market conditions was delicate and unique, and had the advantages of strong three-dimensionality and large amount of information, it was widely used in the investment field.
The K-line chart mainly consists of three parts, including: upper shadow line, entity, and lower shadow line. Among them, they respectively represent the following meanings:
(1) Upper shadow line: refers to a thin line extending upward from the top of the entity. The end of the thin line is the highest price of the cycle;
(2) Entity: refers to the range of cyclical price fluctuations;
(3) Lower shadow line: refers to a thin line extending downward from the bottom of the entity. The end of the thin line is the lowest price of the cycle.
The upper and lower shadow lines show the four major elements of the market, namely the highest price, the lowest price, the opening price and the closing price. In addition, according to the difference between the positive line and the negative line, the relationship between the closing price and the opening price is as follows:
(1) Opening price: Also known as the opening price, it refers to the first transaction price after the market opens on each trading day;
(2) Closing price: Also known as the closing price, it refers to the last transaction price before the market close on each trading day;
(3) Highest price: refers to the highest price generated during the trading process from market opening to market closing on each trading day;
(4) Lowest price: refers to the lowest price generated during the trading process from market opening to market closing on each trading day.
International currency price trends are changing rapidly, so there is no shortage of short-term trading opportunities to earn price differences. Contract trading is the most direct way. These opportunities will only be reserved for people with solid K-line basic knowledge and analytical capabilities. In fact, everything will be ruined if it is not forewarned. Before speculating in currencies, every friend must reserve sufficient investment knowledge. #BTC #ETH #荣耀时刻
