1. If investors are doing short-term foreign exchange transactions, the 15-minute K-line chart is more suitable. Especially for some novices, the 15 minute K-line chart is the most important for both practice and actual combat.
2. Before conducting foreign exchange transactions, investors can look at the 4-hour K-line chart, whose main function is to determine the trend and direction of the exchange rate. Then analyze the 1 hour K-line chart to get the trend of the exchange rate in the key transition period and judge the trend of the next period. The transition period is more important, it connects the past and the future.
3. The shorter the K-line period of foreign exchange, the higher the sensitivity to the market. The 5-minute chart is more suitable for ultra-short-term trading and has higher flexibility. Can judge the trend and trend of the exchange rate in the afternoon. It is very helpful for the selection of entry point and exit point. Especially when the exchange rate fluctuates to the support level or resistance level;
4. The 5-minute K-line chart is only suitable for ultra-short-term foreign exchange transactions, and it is difficult to judge the trend of the exchange rate, which is usually not suitable for novices.
5. The moving averages also deviate, and the indicators are more important. If the moving average is up in the hourly chart, but down in the 15 minute chart, it implies that a reversal is coming. If the moving average 15 minutes, the chart goes down, but the price wants to go up, the price will go down sooner or later, such as being bounced back by the fulcrum. At this moment, you can choose and get ready;
6. The short-term EMA deviation can better reflect the trend of the market outlook than the long-term EMA deviation. 15 minute K-line chart is more important than hourly K-line chart. Deviation means that the moving average is opposite to the price fluctuation direction.