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What is the central axis in foreign exchange and what is it used for?
AXES is a special index for band operation in volatile market. This index is to calculate the fluctuation axis of the volatile market through the extreme movement amplitude of the price, and judge the market development trend according to the operation characteristics of the axis, which is an important operating basis for obtaining the price difference with high throwing and low sucking.

As an important indicator of band operation, axis is suitable for volatile market, but it is not applicable if the price rises or falls unilaterally. Even for the fluctuating market, the central axis AXES is mainly suitable for the market with wide fluctuation. For the shrinking sideways market, it is not suitable for short-term operation because of the small price fluctuation.

When we actually operate according to the axis index of the central axis, don't set the profit target too high. Because the sideways volatility market has not gone up or down, there is naturally no room for profiteering, and investors need to follow the principle of profitability.

From China foreign exchange network, I hope I can help you ~