Category: Money Tips Date: 2007-01-08
Basic concepts
K-line with the Japanese, like contour is also based on four important price to determine the shadow, shadow entities, and the next three parts, namely, the first day of the opening week for the opening price, closing the last day for the closing price, so the composition of part of the meaning and significance of form also indicates that not the same with the Japanese line. Actual lines that often appear in the weekly combination of the following:
(A) slightly hatched contour
Type is characterized by the appearance of contour, solid lines long and the short upper and lower shadow, and the physical center and the center line of the value of K is very close to very high frequency, and more than 25%, are usually divided into short-and long large-scale small-scale. Short description of small Yin Xian Yang Xian, or long-short is still in equilibrium, long large-scale shows that the market fluctuated considerably, and may constitute an important turning point in the emergence of location, frequency and o-line change is the key judgments.
(B) the closing weeks Bald hatch line
Contour of such features is the central value of the entities across the long, closed for the week of an extreme price, showing a very significant advantage of the active side, and a strong desire to attack, which belongs to a strong trading signal, especially in the earlier 1 weeks line slightly longer case, the signal on some of the more intense. However, if the trend of the formation of a longer campaign period or after K-line itself is too large, it means energy consumption prevailing party is too large, at least temporarily reverse a sharp movement could increase, so when the caution.
(C) Open Bald hatch contour
Such contour is characterized by the center value of the entity through the long, opening week is an extreme price, indicating prevailing party is almost always controls the operation of the market, while the passive side is unable to fight back, indicating that continuation of the market, attack or the possibility of a larger Yindie situation, that is expected to be closed next week, indicates a similar contour shape, usually belong to a strong trading signal, unless there is the trend in the longer after exercise, or K-line itself is too large and the Date Line has been turn signal when there is.
Case Study
With the Shanghai Composite, for example, after a long period cut, the Shanghai Composite Index in late December 1999 to accelerate downward and form an opening bald hatched weeks Yinxian, last week received a very short and nearly bald, the next film slightly longer in Yang Xian, indicating that the market began to turn-yang sign. Then the market will form a long line of Zhou Yang Xian large shadow, but as short-term or too large, the market depth increases rapid callback, but the downward pressure on the original line of support that is obtained verify the validity of a breakthrough, after which two weeks before the Spring Festival has a relatively short straight hatched Zhou Yang Xian at close. Although the broader market after the Spring Festival was once a substantial shock, but early in March, and at the end of a two-week consecutive weeks Yangxian hatched bald opening, the latter record, and established the beginning of a new wave of gains. The May 19, June 2 and July 14 while under the shadow are bald Yang Xian, but due to the location, length or adjacent contour changes and other factors, for predicting the role of the market outlook, there are big differences.
