the trend track in foreign exchange margin trading is actually very simple, which is the line drawn according to the high or low price. But the painting is also exquisite. If it is a rising line, the second point must be higher than the first point, but it should also be noted that the connected price point cannot be too close, otherwise it will lose the significance of indicating the trend direction.
. The support or resistance in the trend is the most concerned problem of many investors. Let's see how Gann theory judges these two trends.
1. Angle line extending from the top or bottom of the past market. This analysis method is one of the most widely used analysis methods now, and it is a powerful reference to the trend of the market. However, this extension method of foreign exchange speculation is more suitable for the short-term cycle level. In terms of the current transaction, too much consideration of the trend trend trend will not help much. The horizontal line extending from the top or bottom of the past market. Of course, this "horizontal line" is not completely level, and will vary with the change of trend. Investors should keep a more active trading thinking to judge in the specific activities of foreign exchange speculation.
time cycle. Gann's theory has time cycle and different time cycle classifications. From high point to low point, it is only one of the time cycles of foreign exchange speculation.
. No matter the trend support or resistance, they are just two special points of many trading opportunities. For new foreign exchange speculators, if they can't grasp the support or resistance, they should not trade rashly. They can first get familiar with the market for a period of time and then consider trading accordingly. It should be clear that in addition to technical analysis, basic information should be grasped and judged. In foreign exchange trading, investors should not only study technical indicators, but also learn to collect and sort out market information, and have their own independent thinking and awareness. We should also master and limit the technical analysis. Overuse or neglect will always bring loss to our final profit.