Market fluctuations are oscillating about 70% of the time, and only about 30% of the time are unilateral upward or downward, so accumulating small victories into big victories is the magic weapon for long-term success. What we need to do is to plan our positions well, and make this investment with a plan, direction, and guidance. A good trader will make your investment journey smoother. How to operate in a volatile market? The ancients said: Do not do good things because they are small, and do not do evil things because they are small. If we move it to financial management, it can be understood as: Don't be too greedy, enter the market in batches. When entering the market and covering positions, the position should be small. Although the profit is less, accumulating small victories into big victories is the key to success. The investment philosophy is composed of the investor's psychology, philosophy, motivation, and technical level. It mainly includes: stability, patience, independent thinking, discipline, trend, etc.
Judging from the current trend of gold, in the 4H cycle, it has touched 3330 many times under pressure, and the K-line has continuously closed with upper shadows, which is quite similar to yesterday's rhythm. So we must first look at the strength of the decline. The support below is at 3314 and 3306. In terms of operation, it should be treated as mainly long and auxiliary short. The upper pressure still focuses on the gains and losses of 3330.
Judging from the current trend of gold, in the 4H cycle, it has touched 3330 many times under pressure, and the K-line has continuously closed with upper shadows, which is quite similar to yesterday's rhythm. So we must first look at the strength of the decline. The support below is at 3314 and 3306. In terms of operation, it should be treated as mainly long and auxiliary short. The upper pressure still focuses on the gains and losses of 3330.
Trade active
Today, gold showed an overall oscillating and sawing trend. The intraday long and short positions frequently changed, which could easily lead to the operation rhythm being out of control. However, we still arranged short orders according to the established plan to capture the downward wave, and then promptly reversed long orders. All two-way operations successfully stopped profit and exited, achieving two consecutive wins and steady pockets. The operation logic was clear, the rhythm was accurately grasped, and we did not chase the rise and fall. We always arranged around the key support/resistance, and achieved real planned trading and trading plans. If you have frequently hit a wall in your operations recently, or the rhythm is always half a beat slower, it is recommended that you stop exploring alone. The market will not wait for anyone, and methods are more important than blind efforts.🔔For more specific operation details and strategy updates, please pay attention to the notification 🌐 at the bottom.
Trade closed: target reached
Today, the overall strategic thinking has been accurately implemented, the market situation is highly consistent with the forecast, and execution means profit. Congratulations to all brothers, strictly follow the trading plan and reap ideal returns at the same time. If you can persist, you will stand out, and if you can't persist, you will be eliminated. The market is never short of opportunities, but those who are not firm will always be eliminated. As long as you persist, without complicated operations, the weekly income can reach more than 100-400%.Profit is the appropriate standard to test strength. No matter how professional the analysis report is or how profound the article is, it cannot change our goal of pursuing profit. The wise are pragmatic, and the foolish are competitive. Analysts are not literati, and they don't need gorgeous words to impress customers, they only need to use profits to prove themselves. The market is unpredictable, and excellent analysts will try their best to grasp every wave of market fluctuations and give back to everyone, so that you can face the market calmly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.