No matter who it is, when first entering the foreign exchange market, intraday short-term is a must-go stage. For ordinary novices, only after repeatedly experiencing short-term "baptism" in the day can they become a stable profit maker in the medium and long term.
When we first entered the foreign exchange market, we were actually very confused most of the time, especially not sure about the short-term trend.
What about the short-term trend? How confused a novice is! The experience of professional traders is: when you make an order, you must first understand when you turn on your computer and software. Is it in the morning? afternoon? night? What time? Day of the week?
These are very important, if you don't understand these, please don't do it. Any profits will be poured out and returned to the market.
· Try to choose short-term from 4:00 to 6:00 p.m., and from 9:00 p.m. to 11:00 p.m.
At the same time , it should be understood that there are 6 K lines for 4 hours and 24 K lines for 1 hour.
· The position of the K line at 4:00 p.m. is the opening position of the third 4-hour K, the ninth 1-hour K, the 18th 30-minute K, and the 36th 15-minute K every day.
1. Short-term strategy with multiple cycles
After remembering these preliminary preparations, we will officially start the ultra-short-term strategy:
· When the 4-hour line opens 30 minutes later, the K line is red, and the trend is up, otherwise it is down. 5 minutes after the opening of the 1-hour K-line, the K-line is red and trending up, and green is down.
· When the 4-hour K is red, the trend is long, and the 1-hour K is green, find the low point and go long boldly.
· When the 4-hour K is green, the trend is empty, and the 1-hour line is red, find a high point and boldly sell short.
· When the 1-hour line is red, go long. When the 1-hour line is green, go short.
Generally, 10 minutes before the hour, the market will change drastically. That is to say, when you are at 8:20 p.m., don’t make random orders. At this time, you are at the position 20 minutes after the opening of the fourth 4-hour K line of the day. Please look at the position of the 4-hour K line. Red or green, if it is green, please be prepared to short, and then within 30 minutes from 8:20 to 8:50, find a high point that you think is bold and short, and the market will fluctuate from 8:50 to 9:00 The frequency is great!
Short-term profit must rely on probability to win, there is no 100% winner in the foreign exchange market! Your account funds may fluctuate and jump between profit and loss, and the operation on the end of the day when you choose any profit time period is a successful operation! Short-term is an operation method that holds foreign exchange for a short time and makes relatively high profits after buying foreign exchange. However, the length of holding foreign exchange is a relative quantity. We generally call short-term operations of less than one week as ultra-short-term operations. Making good use of the ultra-short-term can allow you to earn more money in the foreign exchange market. Next, let's look at the skills of the ultra-short-term foreign exchange.
2. Precautions for short-term
Probability is the winning factor of short-term trading
A six-sided dice from 1 to 6, three even numbers and three odd numbers, the even number wins and the odd number loses. Rolling dice for a long time, the probability of odd and even is about half. After buying in short-term trading, it rises or falls. Usually half and half. How to win short-term trading? Let you earn one yuan when you win, and pay 0.5 yuan when you lose. Out of 100 times, win 50 times, earn 50 yuan, lose 50 times, pay 25 yuan, and finally earn 25 yuan. This is the only winning strategy that is always in my heart for short-term trading, and there is no other good strategy. So after entering the field, if the direction is right, let it run for a while to achieve the goal; if the direction is not right, immediately exit the field, there is no room for psychological factors to consider.
Short-term trading follows the trend
It is right to follow the general situation. If the general situation is not right, no matter how long the time is, never trade. When the situation is right, the odds of winning will be much higher than the aforementioned 50-50. If the situation is not right, it is like sailing against the current. Smart short-term trading will give you a long vacation. It is absolutely unnecessary to compete with the trend, and it may lead to casualties.
3. Conclusion
The simplest notes require the longest practice. And short-term trading is the most basic operation in foreign exchange trading. When we master the short-term trading strategy and improve the hit rate, it will play a decisive role in your overall foreign exchange investment.