Spot trading skills and market knowledge in the currency circle - external market, internal market and current volume
When entering the market, newcomers often like to compare the stock market with the spot market first, and then use this as a trading criterion. In fact, the significance of the spot market in spot trading is not the most important, because in the operation of the transaction, the change in volume is not very important. Of course, some indicators are still worth our careful consideration, and they are mentioned here to guide everyone in real trading.
External market and internal market
1. What is the external market?
The external market refers to the securities (or electronic spot) traded at the selling price. The transaction price is the asking price, which means that the head market is more active. Therefore, all transactions at the asking price are collectively referred to as external markets. When the transaction price is at the peak price, the current hand quantity is added to the external market cumulative quantity. When the external cumulative number is much larger than the internal cumulative number, and the price rises, it means that many people are rushing to buy.
2. What is the internal market
The internal market refers to the securities (or electronic spot) traded at the buying price. The transaction price is the middle buying price, which means that the selling market is more active. Therefore, all transactions at the buying price are collectively referred to as the inner market. When the transaction price is at the buying price, the current hand quantity is added to the cumulative quantity of the inner market. When the cumulative quantity of the inner market is much larger than the cumulative number of the outer market, and the price falls, it means that many people are rushing to buy.
(IV) Current volume
1. What is the current volume?
Current volume refers to the current transaction volume of a transaction, the current hand in the current spot transaction details column. At the same time, the increase or decrease in orders reflects whether this transaction is a position opening or a position closing.
2. The role of current volume in actual trading
① The larger the instant transaction volume, the more active the transaction, and the more drastic the price change;
② The smaller the instant transaction volume, the quieter the transaction, and the relatively smaller the price change;
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