Ninety-ninth chapter: the double top and double bottom (signal posts)
an upward move from the A point of departure, rose to the peak point of B, C points fell back, come back up again to about the same price point B D , the formation of another peak, followed to fall, below the A point and C point pulled into the extension of the , it is generally called M top-down signal is strong, W end of the rise is a reliable sign.
trend chart is a record price and time. from the charts can also be observed from the surface of a sentiment is the ebb and flow, but also the image of the rich Inspiration.
why before allowing the market fell, the first top (OVER THE TOP), resulting in not before the horse, fried Phase unwound, rush, such as missed some. Therefore, the ;, the entire decline in the trend can be confirmed.
the opposite case, the point of purchase the buyer to let go, in a recovery for granted.
sometimes , is a golden opportunity to attack short. But whether to take advantage of the not only to know its basic concepts, more importantly, to understand its principles, in the end do not wear a purchase, Index. lack of confidence in the market outlook; three times in the end no more cheap after the blaze, proved to restore the confidence of the market outlook. we reduced confidence, popularity and lax, to the formation of decline; you confidence and strong popularity, arises rally.
the so-called reach the peak is not broken three times, is the result of two forces: one is the broken three times, indicating that the . to do short, it is to go with the strong. In turn, three times in the end do not wear, is a good opportunity to do the same long reason.
Secondly, if not broken three times reach the peak of the trend is clearly to complete large ;. Three pulled distributed to the top of each bureau is a false rally, trend began back in the , the pressure to absorb the way the city, so to follow suit to buy.
saying: inalienable. long occasion, we must limit orders set at the first stop, million m breaking the top hole in the bottom to indemnities, this will sit back and relax.
Article one: big dome and big round bottom (signaling articles)
futures decline by the upward or the downward trend turned upward transition into the process, sometimes collapse; sometimes by is a typical and large bottoms.
big dome and big round bottom part of the gradient and chronic to signal the market. dome shape is: a big rally, the market situation into a stalemate, the daily volatility of small, first creeping up day by day, and then creeping down day by day, more days in the chart on the daily chart just form a parabola, and then begin a decline. On the contrary, round shape is: a big decline, the trend into leather situation, not a day on and off, the first creeping down day by day, and then creeping up day by day, more days in the chart on the daily chart happens to form a > graphics in a variety of changing its stance, the big dome and big round bottom is the longest form of brewing, the general time-consuming two to three months. is a special slow motion. The reason is this:
First, gestation period, the dominant supply and demand: economic, political, human factors and no obvious major changes, but the lack of breaking news into the market. can be said to be , the pace appears to be relatively slow.
Third, when the big ship in the dome and the brewing group to absorb the end of purchase process, with quantity to quality is demonstrated when action loss, if beyond the highest point of the parabola to indemnities; Conversely, when we found the time to form a round bottom can be worth more than the end point of the arc to start limit stop, round-bottomed case fell below the lowest to surrender. In short, the map is dead, people are living. With the strain precautionary measures, > one hundred and second chapter: the flag-shaped and fall flag (signaling articles)
any kind of movement, has its preparation, production, development process. recorded in the chart to show a certain shape. a Once the graphic shape, usually have a considerable development of the market outlook inspiration. though not absolute, but the higher rate because of the opportunity, has its reference value.
shape and drop the flag on the flag graphics are technically more reliable one . called on the flag-shaped, a shape like this: a rising, like a flagpole in the coordinates; next four or five days at roughly the same volatility charts, but the daily high, low than the previous day lower, the highest point of the days of drawing a straight line, will pull into the other days of the lowest point in a straight line, exactly parallel to the oblique shape of the bottom right of the flag. On the contrary, a decrease of the flag is such a shape: round steadily fell in the graph, such as a flagpole; next four or five days at roughly the same volatility charts, but the daily peak, higher low than the previous day, the highest point of the past few days, pull into a straight line, will pull into the lowest point in the past few days declared another line, just the top right of the flag parallel oblique shape.
flag is made large gains or large losses of product technical adjustments. So the flag of the direction and trend in the opposite direction. As a buyer or selling profit-taking at home and re-admission day to day, no disease in batches do not have plans Xu, according to the steps, so create a more rule-like the flag, followed by the daily high and low points in the same direction parallel to the move.
is usually a big rally in the flag halfway point or large losses, the adjustment is equivalent to the original upward or downward trend in the twenty to fifty percent. After the adjustment, the above form as the starting point of the flag will again the second wave of rally; the following lowering of the flag shaped as a base for the second wave will decline further. the second wave of upward or downward trend, broadly equivalent to the original first wave of flag-shaped signal is a breakthrough: the highest price the past few days breaking up the flag pulled into the channel, the second wave began to rally; decline signals a breakthrough flag is: below the lowest days of the flag into the bottom pull, the second wave decline again. Generally speaking, a breakthrough in the flag from the fifth day from the start of count one day after the emergence of investment strategy is bribery and other dual-feed immediately after the break.
In both cases, the flag will metamorphism: first, if the adjustment is more than the original months, must also be combined with the basic factors, large practices, psychological and other individual investors to comprehensive analysis in order to make correct judgments on the market. seize the time the chart signals have to beware of the trap chart, therefore, without reference to superstition on the right.
first one hundred and three: reference to the trend line Trading (signal posts)
Guyun: emotional understanding of past trends it value. The concept of trend line is: in a rising trend in the upward move of two or more of the the decline of two or more waves of the long contracts can still be held; if below the trend line to turn as potential to be short changed. Conversely, if the trend is still down trend line below the path of free, short and some can still be retained; if l more downtrend line, that is, buying signals, to read for long.
futures market price trends, battle forces determined by the buyers and sellers. The chart is actually a upper hand, the chart is the wave of a wave; sellers accounted for an overwhelming advantage, the chart to draw a wave of low wave. rising above the trend line of the direction of movement of inertia; downward trend line reverse path, so as the signal into the cargo.
However, according to the trend line to buy or sell signal is too simple. because the two or three waves, or down trend line, is very plain, very easy, entrants, therefore, market the big favorite when the trend line of superstition prey, intends to break a broken line, to set up a chart to trap you shit, and then back, you kill a puzzled, I do not know how it was. Therefore, even if the downward trend line break charts or fell below the trend line, you have to integrated supply and demand at that time, economic, political and other factors, the basic analysis to see whether it is bullish or bearish, this foreign , it is not easy to . when can Scaring ourselves; because the front is not a There Shaolin boxing, Emei School, Mountain Pine hh m like so diverse, the technical analysis of futures trading is also in the application of basis for doing business.
moving average of a wide range of ways to calculate terms, there are three categories. calculated as:
a simple moving average (SIMPLE MA). that add up to several days and then the closing price of divided by the number of days on the chart from one m-point links. For example ���� average closing price is taken into account, including today, dates back to the five-day closing price divided by five.
Second, linear weighted moving average ( LINEARLY WEIGHTED MA). the number of days of the closing price and a decreasing order according to the different reciprocal proportion to weighted moving average line. For example, on the 10th of linear weighted moving average, is to today's closing price multiplied by ten, the closing price yesterday multiplied by nine, eight times the closing price the day before the first O hh last day closing price multiplied by one divided by the total add up to Fifth.
the three, linear non-weighted moving average (NONmLINEARLY WEIGHTED MA). Principles and Linear weighted moving average, as are the nearer the date of the closing price of the preparation of accounts for the greater weight, the farther away from the preparation date of the closing price of the share weighted less, but the decline is not one. but take a proper weights. Such a weighted average method is more complex.
many technical analysts, can not be several days before the closing price of par on the afternoon of inspiration, it should be the closing price the more the market outlook, new inspiration to the more large, the closing price of the older market outlook, the less inspiration. Therefore, in advance of the first simple moving average based on the average line of the latter two developed the compilation method. In effect, the latter two using the average line advantages than the former, because the simple moving average can not be quickly reflected in market prices of urgency to fluctuations, the signal slowly. But the big trends of various average provides a more accurate message.
trading using moving average method There are basically:
one higher than the average closing price of the Purchase; closing price below the average selling time;
Second, when the market bottom, the average line up to buy more; when market price of top-down, below the average time to sell;
Third, the use of two different lengths of moving average trading. When the short-term moving average line from the bottom up, and go over to buy long-term moving average line ; if top-down short-term moving average, fell below the long-term moving average selling;
four, when the closing price higher than the short and long term moving average line to buy two, one when the price is lower than the average immediately leave the line open, when the closing price is lower than the short term, long-term moving average line to sell the two, when the average value is higher than one margin call when the settlement so soon.
moving average trading practices in the use of many common feature is focused on the basic trend of the moment regardless of price fluctuations. drawback is that resilience can not, can be described as Lingwu Posts: Figure is dead people are alive (chapter signals)
decided what type of people tend to measure the city of wonder; sometimes clearly below the , the market conditions but upward rise; sometimes obviously strength index fell to ten, according to projections is greatly oversold RSI formula, to the rebound, market conditions have continued to tumble. losses worth more than shouted: ;
these people forget one important difference: the chart is dead, people are living; theory is quiet, people are moving.
who ignored a basic fact: the market was organized by the different views and different strength, different sexual Luo, different style, different motives, people of different cultures posed by hh, and every human mind is so complex, emotional is so elusive, like all investors, , according to some charts, some formula presentation, everyone in unison called ; stabilized What a ridiculous situation! everyone does not make mistakes, how can one correct?
if there is a chart, theory of market activities, it is precisely in a variety of analysis tools and sometimes correct, sometimes the wrong environment to keep the continuity. man himself by time, space limitations, it is the creation of various schools of theory, of course will be measured by the city time and space limitations. Even if we test a theory of city accumulated some experience, some gains, but also clearly recognize that we control the trend is only partially correct, sometimes incorrect; if think you all from the right, always right, even boasted but our tools to be eighteen when they make good use of the weapons used. If prostrated in front of a theory, is obviously a br> investment in futures trading, of course, understand the market. streaky analysis tools on the market entry: From the K line graph, line graph to the trend line, moving average, from scratch, shoulders, and fell down the shoulder line to the end of the resistance and support points, from volume and price analysis to the application of RSI, from the wave theory, the Golden Section to a random target, etc., we can learn, can explore, but one sentence: You can refer to, not superstition.
any person test theory is founded City . must be the view from a certain angle, . its limitations, relative, not absolute accuracy, sub-sub-efficacious.
many people are respected Strength Index RSI theory. a Chicago lumber futures fell to close ten regional RSI, according to overbought and oversold to twenty is, ; area and then further down to the equivalent of one-third of the total value of the price, all the bulls brutally Tongzai, to make up six margin should be decapitated. This is far more than the long defeat of investors, is simply RSI theory itself Waterloo !
no doubt that all the theory, can be found in the previous chart prove efficacious, prove efficacious in finding the ; popular , RSI broke ten, and actually a total of nineteen days Diezu! what theory have failed, experts far more than a bug-eyed, almost fell out of the eyes! Why? popularity dictates!
In short, the various test market theory, can not die hold dogma, find what you want. more should not be self-proclaimed enlightenment, possessed by the devil. maybe, one hundred and seventh articles: expert opinion can not be blindly followed (signal posts)
originally Everyone has their own brain, but some people CD experts lead. expert reviews good, they have bought; expert advice bearish, they to rush to sell. others, and picked up the pace. I think it is not wise.
Not long ago, I received a number of accounts, a senior authoritative source of insight: In view of the Philippine panel in July and August compared soybean futures June, September, low price, should be adjusted according to, so long rush to do. Unexpectedly, the Associated Press reported two days later, the U.S. soybean growing areas, abundant rainfall, Chicago and Tokyo plunged hearing soybeans, soybean drag on both the Philippine plate circuit breakers, these accounts are showing big losses. I asked the account manager: , listen to expert advice this time ah! ranking positions in financial institutions. their knowledge of the market, no doubt more profound; on trend analysis, is indeed fair; the application of strategy, of course, more skilled. but the limitations, they will be What pursuits to market to tell you, write reviews, when the experts do!
futures market is not up is down, do not make that deficit down. If measured solely on trading results, we can say only and ; through five passes, Killing Six, rods have been Taotao Ran. one think they see absolutely accurate, the desperate, the results move in the opposite, annihilated, and even share their own number in the gold shares have lost a quarter out, depressed and out. In turn, he men with high educational level has its own way, a man, not the boss of superstition as an expert, but it made a lot of money. bear the shares down, suddenly promoted to boss. that the expert past, it is thought-provoking!
of experts and authoritative opinion should pay attention to, but not blindly. Have you ever thought one hundred and eight: Boundless Learning CD Qin and be saved (signal posts)
Fortune Daily News a few months ago suggested to me: one hundred and eight strokes, OK? was temporarily m sections.
Why not say constant change, new market every day, every moment has a new challenge, always have, . one hundred and eight Ye Hao, one thousand and eighty, neither the truth can finish, say to do. to do too old to learn. there is life, not been explored.
recent years, due to study the market, therefore, to have been to four continents, including Europe, America and other Asian and African countries and regions, I find that the most potential money to cover the financial markets or l foot eye, Exchange under the president's repeated inviting. August 1988 come to Taiwan. in Taiwan's business sector, media and officials, exchange, was in Taiwan to explore, develop the futures market, in law, concept, business remains a lot of work on both authorities, operators and investors work together to do feedback can be described numerous problems, problems of a mountain, ; long way to go. . effective use of futures hedging; no futures market, the difficult into a financial center; investment, speculation, white cat, black cat; to Quezon City and the line, not afraid of mistakes, afraid of drag; to pick watermelon, do not do too sesame; to divide our forces gradually, Do not gamble and so on. a lot of concepts and principles, different from the kind of ups and downs forecast tomorrow is only round the clock vitality, it is acceptable to the test of time and space.
fact, I wrote so far is very easy to understand truth. write is not difficult, reading is not difficult, really is the hardest. write one thing and doing another, or say m sets, do another, in the futures market are difficult to stop the victor's ranks. However, if investors and brokers are not even the basic concept is correct, it would tantamount to ground and the shore is
No comments:
Post a Comment