Take a look at my portfolio distribution, feel free to follow! If we want to observe the overall supply and demand relationship, then observing price changes is obviously the most intuitive and easiest method. Some fundamental news may be completely unknown to the average investor, but you can correctly anticipate that they must have already been reflected in the price information. If someone has obtained information that drives market changes ahead of everyone else, they are likely to buy or sell in the market in advance until the price changes offset their information.
$BTC Third, to take a step back, even if you do not fully believe in technical analysis, it is still very important to follow its trading signals. This is because, at times, the technical signals themselves can constitute the main driving force behind market movements. Since they are an important factor driving market movements, you must remain vigilant towards them.
#X超级应用转型 If this trader steps back, escapes their own predicament, and calmly and objectively studies price changes, they might be able to regain a more accurate and reliable market sense. Imagine if everyone thought that a piece of news would be good for the market, but after the news was released, the market not only did not rise but instead fell. What does this indicate? It shows that the market is strongly revealing the current psychological state through such price changes and provides us with a wealth of information on how we should trade.
#加密概念美股 is not the only one that needs to wait for the closing price to make a decision. Many other technical analysis systems (especially those based on closing price moving averages) also require the closing price to generate signals. There is often a sharp increase in trading activity in the last few minutes before the market closes, precisely because computerized trading signals are based on the closing price, which often leads to a rush of trading orders at the last moment.
In all chart analysis methods, how to interpret specific price patterns mainly depends on the analyst. The same goes for candlestick chart patterns. As you become increasingly proficient in candlestick chart techniques, you will ultimately discover which combinations of candlestick lines in the market you care about can best illustrate the issues. In this sense, the issue of subjectivity may not be entirely disadvantageous. Thus, compared to peers who are unwilling to invest the same time and effort into market research as you are, you naturally find yourself in a very advantageous position.
$USDC This is because I personally believe that the market surpassing a certain resistance level or breaking through a certain support level at the closing price is more significant than the market surpassing or breaking through during the trading day's price fluctuations; the former carries more weight. Regarding subjectivity, here is another example: in Japanese technical materials, many candlestick patterns only hold significant meaning when they are in a high price area or a low price area. Clearly, what constitutes a 'high price area' and what constitutes a 'low price area' will vary from person to person. The swing index can reveal whether the market is in an overbought or oversold state, which is one of the technical methods I recommend for measuring 'low price area' or 'high price area.'
#我的交易风格 Therefore, I choose the latter definition, which states that the market's opening price on the day must be higher than the previous day's highest price. In this example, one situation is that the market's opening price is higher than the previous day's highest price, and then the market falls back; another situation is that the opening price is only higher than the previous day's closing price, and then the market falls back; between the two, the former naturally appears weaker.
There is a certain degree of subjectivity in any technical analysis method. Sometimes, different analysts with different experiences and backgrounds may adopt different definitions for the same object. The candlestick chart technique is no exception; there are differing opinions regarding certain candlestick patterns. I have encountered such situations. Regarding what candlestick lines make up a certain price pattern, there may be different definitions based on different sources of information.
For example, suppose $100 is a support price level for a certain stock. Is it considered a breakout signal if the price drops below $100 during the trading day, or does it need to close below $100 to be considered a breakout signal? Is it a breakout signal if it drops $0.5 below $100, or does it need to drop more to be considered a breakout signal? To answer these questions, it may depend on your own trading style, risk awareness, and market philosophy.
#越南加密政策 In this way, in practical applications, when we determine whether a certain candlestick pattern conforms to certain analytical principles, and therefore whether it constitutes an effective price pattern, there is a certain degree of subjectivity involved. However, other chart analysis techniques also have issues of subjective judgment, and the aforementioned subjectivity problem is essentially identical to them.
#卡尔达诺稳定币提案 Zinanhan: "Why has the Western world had almost no understanding of this technology for such a long time? Is it because the Japanese see it as a treasure of the mountain and keep it a secret? I don't really know the reason, but I have spent years of effort piecing together my blind impressions of candlestick chart technology into a complete theory. In any case, in many respects, I consider myself lucky."
#卡尔达诺稳定币提案 On the other hand, although some candlestick chart price patterns coincide with traditional Western chart analysis techniques, they may allow you to gain an earlier advantage than the latter, thereby gaining an edge. If we replace line charts with candlestick charts, we can not only directly apply the research methods originally suitable for line charts to the new chart, but also open up a brand new avenue for market analysis with candlestick charts, gaining insight into the inherent health of the market, uniquely and exclusively.
The use of candlestick charts is flexible and diverse, and they can be seamlessly integrated with Western technical analysis tools. To serve our clients, we have combined the market insights of candlestick charts with powerful Western technical analysis tools. If you are a seasoned veteran of technical analysis, you will find that once you combine Japanese candlestick chart techniques with your preferred technical analysis tools, you can create a powerful technical synthesis.
$BTC ·Issuing signals earlier at market turning points. Compared to traditional signals on American line charts or point charts, candlestick charts often make the first move, providing reversal signals well in advance. This certainly has its advantages, helping you choose more appropriate entry and exit timings. ·Unique market insights. Candlestick charts not only display market trends but also reveal the hidden forces driving those trends. While point line charts can still compete, line charts fall short.
For example, online traders, day traders, institutional proprietary traders, and market makers are all enthusiastic fans of candlestick charting. Websites, real-time trading systems, and technical analysis software packages all include candlestick charts. This fully demonstrates that candlestick charts are widely popular in today's volatile markets and possess an overwhelming appeal. The 'flame of the candle' is more intense than ever.
#常见交易错误 Japanese candlestick chart analysis is indeed aptly named, as its lines resemble candles. It originated in the Far East and has been refined through generations. Until the publication of 'Japanese Candlestick Charting Techniques', candlestick charts served as the 'sharp claws' of Japanese chart analysis techniques, remaining a hidden secret for over a century, with the Western world being completely unaware of it. This book unprecedentedly reveals this 'Eastern secret' in detail to the Western Hemisphere.
Steve obtained an MBA in Finance and Investment from Baruch College, is a member of the board of the American Association of Technical Analysts, and also serves as a director in the research department of the Futures Industry Association and a faculty member at the New York Institute of Finance. He has previously served as a senior technical analyst at Merrill Lynch and a senior vice president at Daiwa Securities. Steve is currently the president of Candlecharts.com.
In the field of candlestick chart technical analysis in the East, Steve Nison is a renowned expert in the West. He has been engaged in research and analysis of the futures and options markets for over 30 years. Starting with an article introducing candlestick charts published in the Futures magazine at the end of 1989, he has been interviewed by The Wall Street Journal and the Los Angeles Times, and has appeared on television multiple times, leading to a strong response.
There are currently not many reference books on candlestick charting technology in China. As a result, there are quite a few difficulties in translating the technical terms of candlestick charts. The Japanese widely use Chinese characters, and although their meanings are not equivalent to authentic modern Chinese, we should still try to accommodate this characteristic as much as possible. The problem is that in the original work of this book, the author has already painstakingly translated the candlestick chart terms into English, so it is not easy to revert back.