In the case of fluctuations in foreign exchange transactions, it can be broadly classified according to time
An instant chart, a minute chart, an hour chart, a day chart, a week chart and a moon chart of six maps, each of which has its mastery skills。
Most investors are used to reading real-time charts when they are next on the list, and when real-time charts move, they jump into the market. Some buy at pre-planned prices and then cut orders in haste as real-time charts continue to decline. It's all the way they don't understand real-time graphics. The main function of real-time charts is simply to record prices accurately. Its trend will change at any time. Under normal circumstances, real-time charts fluctuate relatively little。
Changes in foreign exchange prices have been largely volatile. In rising waves, many small waves fall simultaneously. As a result, the price of a five-minute chart may decline when the hour chart is substantially up, while the real-time chart may rise and fall several times within five minutes. Therefore, experienced investors do not allow themselves to be guided by real-time graphs. Some investors have also consciously avoided looking at real-time charts after the planned tabulation, so as not to affect their emotions。
In addition, when orders are entered as planned, but the price of the resistance point is inaccurate and there have been dozens of losses, you can closely observe real-time charts. If there is a new breakthrough in prices, you should consider a reduction list. The five-minute chart is much more calmer than the sensitive and variable real-time chart. The five-minute chart is characterized by sensitivity to the price of resistance points and support points and is suitable for timing incoming and outgoing orders。
Strictly speaking, many technical methods of analysis have been used on the five-minute maps, whose reliability should be significantly reduced, since the five-minute maps are sensitive only to resistance points and support points, and their volatility usually has no significance in trend direction. Based on resistance points on a five-minute map, power is usually small。
Of course, the trading habits of each investor are different, and many investors prefer to do short lines, mainly for super-short operations that are prepared before the gesture of the day. For this group of investors, the best single tool they use is the hourly and 15-minute diagrams。
