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Several techniques to watch when playing short-term
First Form: Buy when the price is low and not broken
Condition 1: Candlestick is in the rise trend.
Condition 2: After the opening, the front end completes oscillation, short-term profit-taking has occurred, and the pressure from shorts has weakened.
Condition 3: The time-sharing line gradually becomes flat, forming a relatively gentle point A, waiting for point B. If it does not break point A, buy immediately when the time-sharing line just picks up.
Note 1: There are many short-term traders waiting in the market. When point B arrives, shorts close their positions and longs immediately enter the market, forming a rise in swing trading.
Second Style: Buy quickly in a sharp decline and buy slowly in a gradual decline.
Condition 1: On the 3, 5, and 15-minute charts, the candlestick shows a rise trend.
Condition 2: Rapid drops often occur on the 3, 5, or 15-minute Candlestick Chart.
Third type: The time-sharing chart is jagged and clustered, and we are watching.
Condition 1: The K-line chart has changed from its previous smooth form to a jagged shape.
Condition 2: The time-sharing chart shows a clustered oscillation.
Fourth form: Don't rush on the upward arc, don't be slow on the downward arc
Condition 1: Be cautious of the fall when the upper arc rises, and the Trading Volume shrinks during the rise.
Condition 2: Be cautious about rise when the curve line is rising and the trading volume is shrinking.
Fifth style: the channel is intact, don't rush to Reverse
Condition 1: On the 3-minute and 5-minute charts, the channel formed by the 5-period and 10-period moving averages is intact.
Condition 2: Candlestick has not yet formed a more obvious support line.
Sixth Form: Channel Closed to the Side Line, Three Lines Merge to the Red Line - Buy
Condition 1: On the 3-minute chart, the downward channel has been closed, the 5, 10, and 20 moving averages have flattened and stuck together, and are approaching the red 60 moving average.
Condition 2: On the 5-minute chart, the red 60-moving average starts to flatten, or has already flattened.
Seventh Form: High Point Plateau Fails to Become Bottom, Low Point Plateau Fails to Become Top - Reverse Hand
Condition 1: Candlestick Rebound, weakened halfway, or Candlestick significantly opens higher.
Condition 2: Candlestick retreats, nearing the end, or Candlestick is in an upward trend, oscillating and falling after today's opening.
Eighth style: triple top, fourth time to break through the top - buy
Condition: Triple top formed on the intraday chart, preferably parallel.
Type 9: Moving Average Closure and Reopening - Buy
Condition 1: The moving average is in rise.
Condition 2: The 5 and 10 moving averages are closed for the first time in the downward channel, and the Candlestick is supported near the 20 moving average to stop the decline. The 5-day moving average is rising with the trend, opening the upward channel again.
Note: Why emphasize the first time? Because the trend average line 10 or 20, in a swing trading, should generate at least 2-3 effective supports.
Form 10: Dagger top, long run for multiple orders; Dagger bottom, short order sprint
Condition 1: The Candlestick was bearish the previous day, and today it is a small bullish Candlestick pushing up.
Condition 2: The first day the Candlestick closed the sun, and today the Candlestick went down.
In addition to mastering the above 10 trading skills, it is more important to master the general principles of intraday operations:
Follow the trend + low point + do not chase the market + stop loss
1. Going with the trend means following the trend in the market. The trend refers to the general direction, rather than the absolute direction. Since it is a general direction, it can be estimated roughly based on experience, fundamentals, and technical aspects, and adjusted as needed during the process.
2. The low point, for Long, is the premise of daily Long profit.
3. Not chasing the market means controlling your emotions, chasing the rise, and facing losses.
4. Stop loss is for Heavy Position. If the direction reverses, stop loss immediately. Don't ask why, there's no time to ask why.
Of course, anyone with a little investment experience knows that investing requires discipline. You should buy when you need to buy, and sell when you need to sell. However, human nature is fragile, especially when it comes to money, and there may inevitably be some lucky psychology.
However, if you think carefully, it is absolutely impossible to reap any benefits in this dog-eat-dog speculative market without iron discipline, even with good technology and methods alone.
At the same time, you must understand that the trading system is just a form. If your execution is not strong enough, it's just a blank sheet of paper. The "rules" are as good as non-existent, and the "discipline" is completely lacking.