The homeopathy in foreign exchange trading is mainly viewed from two aspects, one is technical and the other is fundamental. Technically, traders can look at the general trend of the K-line chart. According to the time period, the longer the cycle, the more difficult it is to change the trend.

Foreign exchange homeopathic bookkeeping skills

Traders should be careful not to add positions at will when operating with the trend, because the risk is too great, and it is common for foreign exchange to fluctuate around 100 a day. When making orders, traders must have a general range in mind. After reaching the price in his mind, he must close his position. You can think of jiacang as a new transaction, which has nothing to do with the previous one. The previous transaction only proved the previous direction.

Fundamentally, traders should pay attention to important data related to currency pairs, national economic situation and major hot events. For example, after the British referendum decided to leave the European Union, the pound fell sharply. At this time, the trend of the pound in the market is falling, and traders want to buy a short pound when making orders.

Another thing to remind traders is that finding the trend of foreign exchange trading and tracking the trend are two different things. So it is the key to follow the trend and keep up with the trend. In the process of tracking the trend, many traders may not be able to stick to the end even if they see the starting point. The evolution and fluctuation of the market is a problem that traders must pay attention to.