How to trade contracts to maximize profits and minimize losses?
I will share my trading philosophy and experiences with everyone. I hope this is helpful to you, let's get straight to the point.
The 7 key time points for trading contracts
1. Morning trend analysis:
By observing the K-line trends of 4 hours, 6 hours, 12 hours, and 1 day, identify support and resistance levels. Then, use MACD, KDJ, Bollinger Bands, trading volume, naked K-line trends, moving averages, and news to comprehensively assess the trend for the day. Establish an offensive and defensive plan. Start the trading day.
2. Afternoon volatility:
After observing the market trends in the morning, we look at K-line patterns to determine range trading points, find the right points, and operate with high sell and low buy strategies.
3. Afternoon rally:
In the afternoon, major investors and institutions tend to enter the market, leading to sharp rises or declines. Most of this activity occurs between 4 PM and 6 PM, with rapid price movements. There are two possible outcomes: either the price continues to rise or fall without looking back, or it drops suddenly. Generally, trades are made during rapid increases or immediately take profits afterward, assessing the authenticity before re-entering.
4. Evening one-sided movement:
Evening market activity tends to concentrate between 8 PM and midnight, experiencing sharp rises and falls, or fluctuating rapidly. It will either rise or fall first, leading to a one-sided trend. We simply need to trade with the trend.
5. Late night direction:
At this time, the market focuses on the period between 1 AM and 2 AM, having experienced sharp rises and falls, and fluctuations. Foreign institutions, big investors, and traders gradually enter the market, and the market is likely to move in one direction. We trade with the trend (long or short).
6. Early morning peak and bottom:
In the early morning, after experiencing daytime and nighttime movements, the market has either reached the bottom or the peak, generally focusing on the time period between 5 AM and 6 AM. Buy at the bottom, sell at the peak.
7. Intraday short-term:
Excluding some specific time periods when market movements frequently occur, we can determine trading directions by observing 5, 15, and 30-minute K-line trends combined with MACD, Bollinger Bands, KDJ, and trading volume. Enter and exit quickly, and take profits swiftly.
Those friends still missing out on the current major market, leave a comment with 1, may this bull market help you reach the shore.
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