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Understanding these 4 numbers in currency trading
will save you 20 years of detours
The first number 3, it is best not to hold more than 3 varieties at the same time, because ordinary people simply do not have so much energy and time to take care of three varieties.
The second number 4, the breakthrough of important support and resistance levels often occurs in the fourth time. Some people have calculated that the probability of the second and third breakthroughs is only 50% and 30%, but the probability of the fourth breakthrough is 80%.
The third number 5, if you don’t know how the market and varieties will go, you must have half of the currency and half of the cash at this time. If you are very extreme, either you take a short position to rest, or you take a full position to go all-in, often you will miss the opportunity and have no money to add positions, and the flexibility of operation will be greatly reduced.
The fourth number 6, then the variety is below the 60-day moving average, which is already a downward trend. The most taboo of buying varieties is against the trend. The price of Shuixingzhou currency is above the 60-day moving average. There is a cost.
Don’t know the current trend, is it rising or falling?
Don’t know the support and pressure? Don’t know what level of buying and selling points are running at the moment.
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