Weekly and daily vibration. The weekly line reflects the medium-term trend of the exchange rate, while the daily line reflects the daily fluctuation of the exchange rate. If the weekly indicator and the daily indicator send out a buy signal at the same time, the reliability of the signal will be greatly increased. For example, the vibration of weekly KDJ and daily KDJ is often a better buying point. Daily KDJ is a sensitive index, which changes quickly and has strong randomness. False buying and selling signals often occur, leaving investors at a loss. Using the same golden fork (producing "* * * vibration") of week KDJ and day KDJ can filter out false buying signals and find high-quality buying signals.
However, in practice, we often encounter such a problem: because the daily line KDJ changes faster than the weekly line KDJ, when the weekly line KDJ crosses the gold, the daily line KDJ has crossed the gold several days in advance, and the stock price has also risen for a while, and the buying cost has risen. Therefore, aggressive investors can buy in advance when the weekly lines K and J are hooked up to form a golden fork to reduce costs.
Usually, if the position of the weekly chart is in the rising cycle, the last weekly chart closes at a high point, and the price this week breaks through the highest point last week, which are all signs of rising. When judging the trend of foreign exchange market, the position of weekly chart in foreign exchange cycle is very important.