Price changes in the foreign exchange market, according to the time difference can be divided into real-time map (tickchart), minutes, maps, hours, maps, daily charts, weekly charts and monthly charts, etc., and different charts has its unique behavior characteristics, do not have these features, technical analysis tools will be meaningless.
Many investors are accustomed to watching people do a single real-time plan to do, real-time plan to take no action, they jumped into the market, it was also planned according to pre-purchase price immediately after the figure Xun continued falling, cut rush orders, which are do not understand the performance characteristics of real-time map. A major role in real-time graph, only price is an accurate record of its trend direction, at any time to change. Under normal circumstances, real-time map of the fluctuations are relatively small.
Foreign exchange price changes, is essentially undulating, rising in the big waves, there will be many mistakes down the small wave parameters during. Therefore, the hours of the basic plan was rally, the 5-minute chart price may fall, while the real figure may be within 5 minutes Change many times, therefore, experienced investors who will not let themselves be carried away immediately Map . Some investors who planned an order, but also consciously looking to avoid an immediate plan to avoid interference with emotion.
In real-time map for detailed study, can be found in addition to its exact characteristics of volatility, there are also sensitive features. For example, when the German mark exchange rate is stronger than sterling cross trading, investors hold the hands of pounds to buy list, when the pound rise in price resistance point, investors may refer to marks real-time map, because it marks a strong, and its real-time map may be the first to break through the resistance point, then you having to pay £ unwinding in a hurry.
In addition, when according to plan into a single, but the price did not identify the resistance point, there dozens of small losses, it can closely observe the real-time maps, a new breakthrough in price if any, that wish to consider the loss of a single cut.
Sensitive and changeable than the real-time map, the map looked cool 5 minutes more, 5-minute graph is characterized by resistance point, anchor of the price sensitive, suitable for grasping associate into a single, out of a single time.
Strictly speaking, the technical analysis of the many methods used in the 5 minutes chart, its reliability should be playing a big discount, because the characteristics of 5-minute figure is only the resistance point, strong point responsive, and its ups and downs of change are usually not the meaning of the direction of the trend. 5 minutes alone work out the resistance point, intensity is usually not much.
Most investors are accustomed to doing short-term, especially the day before the close on the liquidation of short-term operation. For such investors, they do the best single tool is not real-time map, 5-minute chart, but the 15-minute maps, hours Fig.
