$JTO #价格行为 #复盘 I made a short order while walking my baby last night. The yield was quite good, but I didn't completely eat up that wave. Now let's look back and analyze the best operation at that time.

Step 1, determine the direction of opening an order

From the daily chart in Figure 1, we can see that it is currently in the rising channel after the decline and correction, so both long and short can do it, depending on the specific position of the market price.

Step 2, determine the chart period for opening an order

Since I personally have the habit of closing transactions before going to bed, and it is already night when I observe the market, I don't consider a chart period of more than 1 hour, otherwise I probably won't close the position until I go to bed after opening the order, which will affect my sleep.

Step 3, determine the timing of entry

When observing the market, I found that the market price was already in the hesitant position marked by the arrow in Figure 2. At that time, I mistakenly took the inclined yellow channel median line as the channel top line, so based on 5 The weak downward correction signal on the minute chart entered the market to short.

If you look at it again now, you can find that the market price has touched the bottom of the horizontal channel and the rising channel to complete the first wave of rise. The market price hesitated to consider whether to continue to break upward.

Whether the market chose to break through the horizontal channel upward or failed to break through, the trend was about to start at this time, and you should continue to pay attention to the market price.

Step 4, look for entry signals to go long

The market price chose to break upward after a brief hesitation near the median line of the rising channel. Considering that there are relatively close small channel tops and large channel tops in the horizontal direction, you can look for breakthrough entry signals to track the upward trend.

It can be observed on the 5-minute chart of Figure 3 that there was no obvious deceleration when the market price approached the previous high point, but it always maintained a high and low point pattern. During this period, there were two weak corrections in the trend, which once again confirmed the view in price behavior that "weak corrections in the trend indicate that the trend is about to continue".

At this time, you can enter the market to go long after the weak correction, stop loss a little below the previous K low point, and further break through the resistance level of 4.26 on the daily chart. Increase positions to expand profits.

Step 5, long exit and short entry

Continue to observe the 5-minute chart and find that the market price is rising rapidly. Considering that rapid movement will lead to power exhaustion, we should pay attention to the signal of slowing market price growth.

When the market price approached the top of the rising channel, which is also the horizontal resistance level of 4.47 on the daily chart, the market price hesitated, and a negative line with half the volume appeared on the 5-minute chart (the small negative line at the top of Figure 3).

At this time, it can be considered that the bulls have been exhausted, and the long orders are closed and short orders are entered at the same time, with the horizontal resistance level of 4.47 as the stop loss, and the horizontal channel top 4.2 near the median line of the rising channel as the first take profit level, half of the position is closed, and the remaining half of the position is decided according to the market trend.

Step 6, short order exit

The market price began to fall rapidly after a brief hesitation at the top of the rising channel, and the speed of decline slowed down near the first take profit level.

Because I followed the stop loss position too aggressively at the time, a small retracement on the 5-minute chart knocked out the stop loss position (the negative line with a long upper shadow on Figure 3). If the stop loss position is strictly moved to the second to last high point, You can continue to take advantage of the subsequent downward trend.

After closing half of the position near the median line 4.2 of the rising channel, the market gave a long upper shadow line as a signal, and a medium-length negative line fell below 4.2, and the downward trend continued.

A long negative line appeared later, which seemed to be exhausted, and the market price was close to the median line of the horizontal channel. You can consider closing half of the position again.

Continue to observe the market and find that positive lines have gradually appeared. Therefore, it can be considered that this short position is nearing the end and you can choose to leave the market.

If you are willing to endure the floating profit retracement and strictly implement the tracking stop loss of the second highest point to the last, you can take advantage of the second stop profit position at the bottom of the rising channel, achieving a perfect one-fish-two-kill, of course, you can also choose to leave the market and take profit.