5月 24, 2013
投稿者: 外国為替ウィキチーム
カテゴリー: 外国為替取引システム

Understanding the chart

This is an article I wrote some time ago:

の チャート is a set of data containing information about プライスアクション presented in a certain graphic form, a ビジュアル 形状. The chart is the history of price action written in a specific picture alphabet – Candle alphabet, Bar alphabet また Linear alphabet. Data containing information about price levels is sent by the broker’s server in information packs called ティック, and drawn by a computer programme as an element of the chart. の linear chart contains the least information about price action, because it is presented as a linear set of averaged price levels starting at the 開ける value and ending at the 近い value of a given period of time (時間枠).

Price Action in Day Trading By Dadas (Part 2) 1

Pic. 01 Linear chart. Open and Close levels of a given period of time (時間枠).

の linear chart shows the 傾向 pretty well, しかし, it does not show any other information, 特に, we can いいえ see the 高いと低い price levels in the given 時間枠, and it is difficult to recognize the beginning and end of each time period, thus, we cannot see the price action in this period of time. We can only see the 平均 run of the price からの 開ける 価格, にの近い価格.

のバー chart and the キャンドル chart contain the 満杯情報だいたい OHLC レベル.

Price Action in Day Trading By Dadas (Part 2) 2

Pic. 02 Bar chart with OHLC levels

Price Action in Day Trading By Dadas (Part 2) 3

Pic. 03 Candle chart with OHLC levels

の Candle chart provides a much more visualy クリア picture of price action in a given Timeframe. As we can clearly see, a キャンドル consists of three areas: the candle body (from Open to 近い), the upper shadow, the lower shadow. From the structure of the candle, we read the 開ける price level, の高い price level, の低い price level and the 近い price level. 言い換えると, we can see what the price was doing in the given Timeframe. We do not need to read the actual OHLC values, it is enough that we can see, それか:
Ø At such and such hour, the price tested a higher level, but found some 抵抗 (高い) and began falling (upper shadow).
Ø The price fell down to a certain level and found some サポート (低い), and there it stopped falling further.
Ø The price turned back upwards somewhat and 閉まっている at a lower level than the previous キャンドル (lower shadow).
Ø したがって, the trend in this period of time was 弱気.
In the exact same way, we can read 各 キャンドル, on every or any 時間枠 チャート.
Reading each Candle, one by one, we get the whole story, the history of the price. We see the price action. We are able to read the chart. All other indicators, suddenly, become useless, because we can read the chart itself, and we can see it all. Indicators which, in theory, are supposed to show trend, take their data directly from the charts, not from another source. Since we can, 今, see it for ourselves on the chart, what do we need any indicators for?
Ø In the following hour, the price dropped some more, created a new 低いレベル, と 閉まっている lower than the preceding Candle, thus confirming the 弱気傾向.
Ø In the hour after that, the price still dropped, created a new 低いレベル, と 閉まっている lower than the preceding Candle. しかし, we notice that the bodies of the last two Candles are much shorter than the body of the Candle we started with, それで, obviously the trend is weaker, though still there.
Ø In the still next hour, the body of the Candle is even shorter and we can see the upper and lower shadows. したがって, the price tested a lower level, found Support, tested a higher level, found Resistance, Closed lower than the preceding Candle, so the trend is still Bearish, but the price is, 明らかに, consolidating.

Let us take a look, again, at the Candle we startet out with.
の高い price level is the 抵抗 level for that hour – isn’t it?
の低い price level is the サポート level for that hour – isn’t it?
したがって, what are the shadow areas of Candles, そうでない場合 Resistance and Support ゾーン for the given period of time?

Price Action in Day Trading By Dadas (Part 2) 4

Pic. 04 Resistance and Support zones of a Candle

Following this trail, Resistance and Support ゾーン for a given Candle are nothing other than 価格 統合ゾーン (equilibrium or balance of バイヤー と Sellers) in a smaller period of time. There were still バイヤー at the 開ける 価格, so the price went 上. There were no more Buyers at the 高い価格, と Sellers took over, so the price went 下. There were no more Sellers at the 低い価格, and the price started to go up again. The price went up until the 近いレベル, どこ, again, the Sellers took over. With the help of a simple MT4 tool, the rectangle, we can draw such Zones, and we see even more clearly what is going on, ここ!

We cannot see that on the linear chart. We can, on the Bar chart, but not as clearly.

Continuation in next post due to picture limitation per post.

免責事項:

私のすべてのインジケーターツールは、外国為替トレーダーがプライスアクションと
デモ口座での需要/供給取引の概念.
これらのインジケーターツールのその他の使用は、個々のトレーダーのリスクと責任のみで行われます。.
どのツールでもそうですが, 適切な使用法は適切なトレーニングと経験に依存します.
たまにはアマチュアスタイルでどんな道具も使える, プロの熟練した職人のスタイル, またはアーティストのスタイル!
と, 他のツールと同様に, 悪用される可能性があります, 同じように.
最終的な決定を下し、可能性を判断または診断するのは投資家/トレーダーです。,
そして投資家は素人です, プロの熟練した職人, またはアーティスト!
簡易ハンマーと同様に影響や損害についてメーカーは責任を負いかねます
シンプルなツールを使用することで生まれる, ここで紹介されているツールの作成者は一切の責任を負いません,
何でも, 外国為替取引支援ツールの利用により直接的または間接的に生じる影響や損害について.
外国為替取引における損失または利益は、投資家/トレーダーの単独の責任および単独のリスクとなります。, そして何の関係もない,
何でも, 利用可能なツールを使って, インジケーターまたはその他のコンピュータープログラム.
さまざまな要因があります, ツール自体以外の, それはあらゆる取引の成功または失敗につながります,
外国為替取引を含む. 理解することが非常に重要です, 正しい決定を下すのは投資家の能力であるということ
成功につながる適切なタイミングで, そしてツール, どんなに 素晴らしい, だけです 支援援助,
そして決め手ではない.