Hello everyone, today is March 27th. Currently, the stock market has completed its sixth round of gains on the daily chart. Looking back at the last bull market, we have now entered a period of daily fluctuations and shocks, and it is estimated that there is about a 50% possibility of a correction. If the daily chart can continue to move higher and break above the previous highs, then we can expect to see the market continue its upward trend. Yesterday, I reminded the family group that for those friends who intervened at lower prices in the early stages of the bull market, they only need to remain vigilant and consider appropriately reducing their positions when they are close to the high point before the daily line.
On the four-hour chart, we are now in the first wave of the up cycle and the second sideways period. Historical data shows that after every breakout of a sideways period, the market tends to show strong upward momentum. For those investors who are waiting for a breakthrough during the sideways period, they should find opportunities to continue rising on the one-hour chart, which will be a good time to enter the market. For sideways trading at a higher position, it is recommended to implement a 1:1 lock-in short order strategy in a smaller time frame, and cancel the stop loss settings on both long and short sides to avoid loss of profits.
It is particularly emphasized that only when long orders are profitable, the strategy of locking short orders should be considered to lock in profits and prevent losses. If it is in a loss state, the lock will never be executed to avoid locking losses. Our strategy is clear position management and resolute execution of stop losses to prevent large losses. In this way, you will clearly know your maximum potential loss on every trade, and with the right operations, there is no upper limit to your profits. Every success will help you capture the big market trends and gradually build a healthy trading mentality and confidence.
Any advice that does not recommend setting a stop loss and encourages blindly following the trend is irresponsible! The consequences of not setting a stop loss are often disastrous and may lead to liquidation. We cannot guarantee that we will always be profitable, but by controlling losses
Today's trading strategy: The market has broken through at the antenna level and started a new upward cycle. The four-hour chart shows the market is experiencing high volatility. Whether it can break through the previous high and form a relay rise mainly depends on whether it can break through the range of 69,500 to 71,000. If the breakthrough is successful, the upward momentum will be very strong;if failed #热门话题