1. The daily K-line chart of the market analysis software is on the daily line MA(5 10, 20, 30, 60, 120), and the following M 1,,,, M6 corresponds to the fifth day in the front brackets, 65438. The color of the book corresponds to the color of the curve, in which M6 is a semi-annual line, generally dark blue, M5 is a 60-day moving average, generally dark, M4 is a 30-day moving average, generally green, M3 is a 20-day moving average, generally purple, M2 is a 10 moving average, generally yellow, and M 1 is a 5-day moving average.
2. Because the drawing of K-line contains four basic data, we can judge the length of trading time from the type of K-line. When the opening price is equal to the lowest price and the closing price is equal to the highest price, the K line is called the bald Dayang line, indicating a strong rebound; When the opening price is equal to the highest price and the closing price is equal to the lowest price, the K line is called the big yinxian line, indicating that the exchange rate plummeted; When the opening price is equal to the closing price, and the upper shadow line is equal to the lower shadow line, the K line is called the big cross star, which means that the long and short battles are fierce and evenly matched, and the market outlook is constantly changing.
3. When the cross star appears in a relatively high position on the K-line chart, the cross star is called the sunset star; When the cross star appears at a relatively low position on the K-line chart, it is called the morning star. The comprehensive K-line type represents the difference of long and short power, with the cross star as the balance point, the positive line is dominant, the positive line is the strongest, the negative line is dominant, and the big negative line is the strongest. It should be noted that when investors look at the K-line, a single K-line is of little significance, but it is meaningful to compare it with the previous K-line.
Three, several forms of K-line:
(1) Yin Da line
1, the negative line of high opening and low walking is very long, and the upper and lower shadow lines are very short, which can be ignored. This is a downward signal, and the rapid decline of the day can be inferred from the length of the negative line.
2. Operation strategy: the next day is generally sold on rallies. When the rebound of the market price on the second day is blocked by less than 2/3 of the previous day's big yinxian (the distance between high and low points), it is an opportunity to fade out in the short term; If it bounces back to 1/3 the next day, and then turns around and goes down, it means that it falls very quickly. Short-term should not only be distributed on rallies, but also fade out in time to make short positions.
(2) Dayang line
1, the positive line with low opening and high walking is long enough to ignore the existence of upper and lower shadow lines, which is a rising signal, and the rising strength can be inferred from the length of the positive line entity.
2. Operation strategy: The overall response the next day is mainly to bargain-hunting, especially when the market price of the next day falls back to more than 2/3 of the previous day's Dayang line (the distance between high and low points), which is an opportunity for short-term intervention; If the next day's public return file reaches 1/3, it will turn around and go up, indicating that its gains are very strong. Short-term should not only be absorbed on dips, but also be involved in chasing up in time to do more short-term.
(3) Hammer (main axis)
1. The lower shadow line of the hammer is very long, the upper shadow line does not exist (or is very short), and the entity is very small, which is located at the upper end of the trading range. The name "hammer" has two meanings, one is "tamping the bottom"; Second, the bottom is so strong that it can't be broken even with a hammer.
2. The hammer is an important reversal signal, which only makes sense if it falls sharply or is seriously oversold. If it happens two or three days after the decline, it generally has no special significance. In addition, the rebound initiated by the hammer is likely to encounter selling pressure, so the rebound will often be pulled back to re-test the bottom of the hammer.
3. in the hanging line, the long shadow line represents the willingness to buy, which seems to be regarded as a signal of bulls. However, the hanging line shows that once the price starts to fall, the power of the bulls is quite fragile. In addition, small entities that hang themselves also mean that the previous gains may be changing. Because the day of hanging has the meaning of bulls (the price once fell sharply before closing, leaving a long shadow line), there must be short confirmation. The general confirmation method is to observe the closing price of the next day, which should be lower than the "linked" entity.
4. Trading by hammer depends on the trader's mentality and risk preference. Some traders want to buy immediately after the hammer, because the price may not re-test the bottom of the hammer; Other traders hope to wait for the price correction and complete the test before entering the market. If the market successfully tests the support area of the hammer, the bottom will be more solid and the subsequent gains will be more stable.
5. Operation strategy: When the hammer first appeared, a small amount of transactions were made. If the price is adjusted back and the trial position is successful, increase the position. At the same time, the stop loss point (subject to the closing price) is set below the lowest price of the hammer.
(3) commit suicide by hanging
1 and "Hang" have a long shadow line, but the upper shadow line does not exist (or is short), and the entity is very small, which is located at the upper end of the trading range. The hanging type is exactly the same as the hammer, except that the latter is a low-grade buying signal and the former is a high-grade selling signal. So this line can represent bulls or bears, depending on its position in the trend. If it happens at a low level in the downtrend, it is a multi-head hammer; If it happens at the high end of the upward trend, it is the hanging of bears. So the hook is the head inversion signal in the upward trend, and the hammer is the bottom inversion signal in the downward trend; The same line shape can be a signal of bulls or bears, and its practical significance depends on the previous trend. The same line will distinguish whether it is a multi-head hammer or a short hanging according to the previous trend.
2. The reason why it needs to be confirmed is because its lower shadow line shows that there is still considerable buying in the market. However, once the price falls below the listing entity, it means that people who buy near the opening and closing of the listing day are losing money. In this case, bulls may want to admit their losses, which may further weaken prices.
3. Operation strategy: After the short position is confirmed, the entity whose second K line is lower than the "hanging" can be short, and the radical entity can be short after the closing of the tombstone line.
(4). Inverted hammer head
1. The inverted hammer is a linear shape with a long upper shadow line. The entity is very small and located at the low end of the trading range. The figure is basically the same as that of a meteor. However, after the market falls to a certain depth, it shows that the market bulls have begun to resist and may bottom out at any time. But this K-line is generally confirmed after the closing of the next K-line. If the next K line continues to descend, it is a signal for a short break.
2. Operation strategy: If this star is found, the secondary K line will open higher, and the K line will enrich the upper shadow line of the previous day, so you can do more at this time. The lower shadow line of the hammer has many meanings; Similarly, the upper shadow line of the evening star also has short meaning. The upper shadow line is very long, indicating that bears have the ability to significantly lower prices.
(5) Twilight Star
1. Twilight star is a line with a long upper shadow line. The entity is small or almost non-existent and is located at the low end of the trading range. It is best to fit the gap. This situation often occurs after the market rises to a certain stage, which means that the market has lost the motivation to continue to rise and may peak at any time.
2. Operation strategy: If this star is found, the second K-line opens lower with a gap and there is a short trend, then you can short it. If you are radical, you can cooperate with the gold price to directly empty when the late star is formed, and wait for the short confirmation steadily.