Home
로그인등록
거래할 준비가 되셨나요?
지금 등록하세요

Technical Analysis

To achieve success in the trading market, it's essential to be able to project price movements on the chart. Technical analysis is a vital tool for this task, involving the estimation of price movements based on historical data. By studying the historical movement, you gain insights into where prices are likely headed. The core focus of technical analysis is the historical currency rates or price movement chart. This chart features vertical and horizontal axes, where the former denotes price, and the latter signifies time. Various price patterns often recur within these charts. By familiarizing yourself with these patterns you can estimate prices using specific construction methods and time intervals. Let's start by examining the differences in charts based on construction methods.

The simplest is the line chart, depicting price changes with individual points connected by lines. These points are fixed at the end of each time interval, creating a visual line connecting subsequent prices. It appears as follows:

The following type is a bar chart. This chart is made of bars that show the price at the beginning of the time interval (opening price), maximum and minimum prices within this period, and the price at the end of the time interval (closing price). Here's an example of price bars:

The bar chart appears as follows:

The third type of chart is the candlestick chart. Similar to a bar chart, it presents price information, but in a more visually appealing and user-friendly manner. This is achieved through the use of rectangles known as candlestick bars. Here's an example of candlestick bars:

Where a bear candle indicates a downward price movement and a bull candle shows a price increase. A candlesticks chart will appear as follows:

So as we see, there are three types of charts: line, bar, and candlestick charts. Also, the charts are recognized according to a specific period: 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, a day, a week, and a month. The time period is the time interval when the price was fixed on the chart. For example, if the time interval is 1 hour, on the chart we will see a bar or candle indicating the price at the beginning of an hour, maximum and minimum prices within this hour, and the price at the end of an hour. Here's an example:

By adjusting chart intervals, you can conduct a comprehensive analysis of price history across various time frames.

Now, let's delve into the essence of technical analysis. This methodology employs charts to dissect price history and identify recurring patterns. To effectively use price movement history for analysis, we must adhere to three fundamental principles (axioms) of technical analysis:

1) Price progression. Price changes occur consistently, whether it's an upward or downward shift, and this progression follows a distinct pattern. This axiom serves as the cornerstone of trend analysis, leading to the following deductions: the ongoing price direction in the market is likely to persist rather than reverse, and the price tends to continue in a particular direction until it levels out.

2) History repeats itself. If the price level was reached before it can be reached again in the future. The same goes for price behavior graphical models which can appear in the future with the same results as in the past. Studying the history of these price movement patterns allows us to more accurately foresee the further movement direction.

3) Price considers everything. Any event affecting currency price (political, economic, and natural) is factored into the price and it raises or drops depending on the positive or negative effect of this event.

Thanks to the fundamental principles of technical analysis, we gain a higher probability of estimating a price movement, identifying its trajectory, and gauging the duration of such movements. However, it's essential to recognize that the market doesn't always adhere to the patterns found in price movement history. While these exceptional situations can arise, each encounter adds to a trader's experience, enabling them to uncover more foreseeable scenarios and refine their estimations.

So it's crucial to understand that traders with limited experience are better off focusing on the most evident and prominent price movement patterns to achieve optimal outcomes. Technical analysis isn't an exact science; rather, it's akin to an art form. As such, diligent and attentive novice traders stand a better chance of attaining their desired results through dedicated efforts.

거래할 준비가 되셨나요?
지금 등록하세요
ExpertOption

회사는 호주, 오스트리아, 벨라루스, 벨기에, 불가리아, 캐나다, 크로아티아, 키프로스 공화국, 체코 공화국, 덴마크, 에스토니아, 핀란드, 프랑스, 독일, 그리스, 헝가리, 아이슬란드, 이란, 아일랜드, 이스라엘, 이탈리아, 라트비아, 리히텐슈타인, 리투아니아, 룩셈부르크, 몰타, 미얀마, 네덜란드, 뉴질랜드, 북한, 노르웨이, 폴란드, 포르투갈, 푸에르토리코, 루마니아, 러시아, 싱가포르, 슬로바키아, 슬로베니아, 남수단, 스페인, 수단, 스웨덴, 스위스, 영국, 우크라이나, 미국, 예멘의 시민 및/또는 거주자에게 서비스를 제공하지 않습니다.

거래자
제휴 프로그램
Partners ExpertOption

결제 방법

Payment and Withdrawal methods ExpertOption
이 사이트에서 제공하는 작업은 고위험 작업이 될 수 있으며 실행 역시 높은 위험성을 가지고 있습니다. 이 사이트에서 제공하는 금융 상품 및 서비스를 구매하실 경우, 투자 금액의 심각한 손실을 초래하거나 계정에 있는 금액을 모두 잃게 될 수도 있습니다. 사용자는 사이트에서 제공하는 서비스와 관련하여 개인적, 비상업적, 양도 불가능한 용도로만 이 사이트에 포함된 IP를 사용할 수 있는 제한적 비독점적 권리를 부여받습니다.
EOLabs LLC는 JFSA의 감독하에 있지 않기 때문에 일본에 금융 상품을 제공하고 금융 서비스를 요청하는 것으로 간주되는 어떠한 행위에도 관여하지 않으며 이 웹 사이트는 일본 거주자를 대상으로 하지 않습니다.
© 2014–2024 ExpertOption
ExpertOption. 무단 복제 금지.