Category: Money Tips Date: 2007-06-01
Section I OX Map
1. Rendering
OX map coordinates is not the performance of the price changes, but by a small box to the performance of the price changes, the main contents are as follows:
× = prices rise, O = lower prices. Grid numbers in that month, figure on the left of the numbers indicate the unit price.
(1) When the stock price rises every time, with "×" to indicate the price for each unit increase in the use of a small indication of this. For example, in the first column, the price per share, from 7 yuan rose to 8 yuan, on the small square between 8-9 years marked with an "×". For example, a rise of several units. For example, in the third cases of price from 5 yuan rose to 7 yuan, they can once played two "×", if the price of a unit change, the need to make any mark, such as the price rose from 7.3 yuan to 7.5 Yuan, in the absence to a new unit price, we do not need to fight "×", Likewise, if the price of a unit price has fallen, there was no need to play down the sign.
(2) for each drop in prices, with "O" to indicate the price per unit down, then the corresponding fill a small box in the "O", the number of units down to fill in the number of "O".
(3) When the end of the price movement in one direction, change in the opposite direction, then from a separate, in the first column, the price rose to between 8-9 million, has begun to decline, so in the second column with the "O" that a decline in unit price. Figure in the second column is the meaning expressed by: when the price rose to 8 yuan, has begun to decline, and have been to 5 yuan.
(4) a small box inside the Arabic numerals that month, the price changes to which a month, the second column of the "3" on the one hand, said the price down to between 5-6, on the other hand said that the price change to this point, entered in March. Similarly, paragraph 10 of the "4" indicates that price changes entered in April. Small box in the "3" to the small square Gru "4", we can see that the fluctuation of the stock in March.
2. Judged
From a technical point of view, OX map is one of the most simple mapping methods, but it is also the hardest to understand a way of the main features of this approach is that it is a lack of time scales, and ignore small changes in the price, but through pre-determined points to the direction of stock price movements recorded in the chart so as to observe the market situation and the new direction of movement.
It should be noted that, in the mapping does not count the time and quantity. Therefore, small changes in prices are likely to remain in a very narrow price range, this mapping, the workload on the small. For different stocks, from the diagram to describe the vertical price volatility is very different, the horizontal axis, said of the period, for each stock is also different, and some stocks may be in a single day occurred several times price fluctuations, while others may be stable still. Therefore, it only expressed the common stock price at the time of the direction of change.
Technical analysis can be used by OX map to find the major changes in the direction of stock price trends and track, if you do not take into account the time factor, we can determine the strength of supply and demand, and through support for OX map to determine what the strength of stock price and threaten the supply of the stock price the source from where. These two forces are often construed as preventing and level of support.
OX figure in painting, how to set the value of the importance of the representatives of each box, which directly control the entire OX plan in the future be able to realize its function of measuring city. Therefore, to properly set the "Each cell represents the value" and the number of cells began to rise and fall "change of career." "Cell value" increases, which represents less volatile segments ignored. Because in a mature market, the price frequently, repeated loading and unloading is the law of the market, to eliminate the interference of its market price movements can be to "compare value" increase.
OX figure there are two major functions:
(1) the strength of the performance of long-short situations and changes, it is easy to point out the break point. Many of the performance of K-line diagram is not very clear, can be evident in the OX map.
(2) can observe the long-term trend and the direction of individual stock price movements.
â‘?OX diagram appears in the trading signals, and sometimes may defer admission, wait until the correction to the 45-degree angle tangent, or back to their support, resistance, the re-entering transactions;
â‘?When the trend continuing up or continued to fall, do not go looking for its high-, low-cost areas, while the fourth order correction grid re-appearance is appropriate, if the correction again after breaking his new highs or new lows, re-admission;
â‘?the most beautiful graphics are the top three lines Qi's fourth break, standards rise;
â‘?any graphic dealers due to the general public's expectations, the market will over-reaction phenomena, and therefore the decision to stop playing into the losses and the timing of the decision should be based on long-term trends and the price region as a reference standard.
3. Evaluation
(1) OX map will enable you to remain calm in the stock market, rather than being the result of market conditions, mutation of interference;
(2) OX figure due to neglect of the volume and time factor, thus greatly reduced.
Can be seen through the OX map available from a number of patterns in the volatility of stock price patterns to find the best combination to predict the market outlook turn.
