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Trading on the left, trading on the right
3. How to use these two trading methods?
Trading on the left must start with understanding the news fundamentals of individual products, or even the market! Analyze the degree of currency price decline from the investor's investment psychology, and consider the degree of indicator bellowing from the technical perspective, and the possibility of forming a K-line bottom pattern, such as a head. Shoulder bottom, double bottom, and some K-line combinations, such as Star of Hope, etc. For left-hand trading, due to the trading discipline before the turning point, it is generally bought gradually and sold in batches. Because the selling is on the way up, the buying point is not high, but the selling point is more accurate.
For trading on the right side, if you have news support, the ability to chase hot spots technically, and a well-researched stop-loss system for changes in volume and energy, then you will be the winner behind the person (the market) who is always right, and you will be the winner with the left side. Side trading is just the opposite. Since the currency price has reversed, buying is a one-time thing, and selling is also a one-time thing when the overall trend reverses! The requirements for buying points are relatively high!
Things to note when trading on the left (short-term)
① When the currency price rises to the upper track of the ascending channel, you should pay attention to whether to reduce your position; when the currency price falls to the lower track of the ascending channel, you should pay attention to whether to purchase goods;
② Pay attention to distinguishing between rising relays and staged heads, and pay attention to the emergence of exhaustion gaps and warning K lines; ③ Pay attention to changes in the main force's control.
Things to note when trading on the right side (short-term)
① Pay attention to distinguish between a relay of decline and a staged bottom
② When the currency price crosses the upper track of the downward channel, it is a reversal of the downward trend. Especially when it is confirmed that the currency price does not break the upper track of the downward channel, a buy signal is released;
Let me emphasize one more point about left-hand trading and right-hand trading. The left-hand trading and right-hand trading methods can not only be used alone, but can also be used in combination.
