【Viewpoint of the FX chart】
The chart of FX is not usable if I do not learn a reading of.
FX attracts attention as the method that can conjugate by the small investment effectively, but needs power to suppose a price movement of the exchange to do FX.
You should utilize FX chart to know the future price movement of the exchange.
The chart used in FX takes an exchange rate in time, a vertical axis basically in a cross axle.
There are a foot, a daily bar, various things including the stock price movement during one week for foot, five minutes for one minute how you set temporal axes.
As for the list of the exchange chart which is called a candle foot chart because one one of the charts resembles a candle, extremely general in FX.
As for the black candle, a shade line, a white candle are positive lines.
I call it a bold partial solid line, and a mustache means a thin part.
A candle is form by one every temporal axes.
When a rate was finished in the positive line, the shade line is a sign when a rate fell.
When I read FX chart, what is the basic matter which I want to know?
When practice is long, it is more likely to continue, and it means that the direction of the mustache and reverse power are strong when a mustache is long.
The expectation in the exchange chart is the world where knowledge and a law learned by experience based on the longtime actual fighting help not the thing which can read it mechanically.
It is a premise when it treats an exchange chart to predict price movement in the future from a conventional price movement.
It is what I make use of in FX business while combining it with some analysis means.
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