Let me tell you about the strategy of a Swedish trader named Kristjan. He increased his account from a few thousand dollars to nearly 100 million dollars in 4 years. He is a real trader, the kind described in the book.

Kristjan will make breakthroughs and chase highs in strong targets, and will also ambush some popular targets with small market capitalization.

He has done backtesting and research on a large amount of historical price behavior, and he says that both methods have been very profitable since the very early days of the market until now!

We open the indicator search bar and enter 3EMA, which is a comprehensive indicator that combines three exponential moving averages into one. The length of EMA1 is set to 10, EMA2 is set to 20, and EMA3 is set to 50. The colors are blue, yellow, and red respectively.

Next, we find the volume indicator Volume in the indicator search bar. The color can refer to my settings. These are all the tools we are going to use.

The trading rules for chasing highs in strong targets are:
The first step is that the increase in the past one to three months must be between 30% and 100%, and the moving averages EMA10, EMA20, and EMA50 should be arranged in a bullish pattern from top to bottom.
The second step is that the market will consolidate for two weeks to two months. We can mark this consolidation period on the daily chart.
The third step is, when the price breaks through the consolidation range, the breakthrough K-line is the key K-line we are looking for. The closing price of the key K-line is our entry position, and the stop loss is set below the key K-line.

When taking profit, choose to take profit in batches. Kristjan believes that most market conditions will have a short-term outbreak after a breakthrough, which usually lasts for a few days to a week!
So when the trend explodes for about 5 days, if the price breaks through some key positions, you can take profit on one-third of the position, lock in these profits, and then move the stop loss price to the entry price, which can close the risk/
The remaining part will be taken profit of one third when it falls below EMA10, and all positions will be taken profit when it falls below EMA20. The trading logic is very clear, aiming to capture as much profit as possible with less risk! !
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