Practical tips for short-term trading
Remember 3 Don'ts and 4 Don'ts
First, don't buy if the 60-day moving average is not flat in the long-term decline.
Second, don't buy if the price of the currency rises and there is a positive acceleration.
Third, don't buy if the price of the currency rises sharply and deviates too far from the 5-day line.
Fourth, don't sell the currency with the RSI indicator between 50-80.
Fifth, don't sell the currency with a gap upward from the low position. Sixth, don't sell the currency with an upward trend.
Seventh, don't sell the currency with a single peak of chips.
1. The big positive line with large volume at the bottom can be included in the observation. Although it may not reverse, there is hope.
2. Don't buy the bottom if the volume decreases at the bottom. The decline will continue to fall.
3. The varieties that rise first are not necessarily strong, and the varieties that rise later are mostly weak.
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