Know · Trust · Entrust

Accept Family Account Entrust!



Trading Technology · 11 rise and low and consolidation rise

Market status:Market is in historic low zone, major trend is up, daily trend also is the consolidation of rose.

Strategy: Be careful to buy, medium positions to buy, tight stops, finish position intra day, can leave part of positions as long positions seed to expand profits.

Reason:

1) The long buyers may be take profit after callback and wait-and-see, so appears consolidating.

2) It might be a bad data, let long-terms traders wait-and-see, so appears consolidating.

3) It might be a bad news, let long-terms traders wait-and-see, so appears consolidating.

4) It might be the central bank intervention, let day traders to sell, so appears consolidating.

Warning:

The "consolidation rising" is often limited, tight stops, finish position intra day, can leave part of positions as long positions seed to expand profits.

Why?

1) Currency spreads values, from "negative" to "positive".

2) Currency direction, from the "fall" trend began to "rise" trend, and the speed is "fast".

3) Currency zone, from the "fall" trend of history "low zone" change to the "rise" trend of history "low zone".

4) The currency trend is "rising", usually in the "low" zone of history, when the day trend also is rising, the prices trend will rise a lots.

5) The currency trend is "rising", usually in the "low" zone of history, when the several days trend is little "rising" of consolidations, the prices trend will rise a bit lots.

6) The currency trend is "rising", usually in the "low" zone of history, when the several days trend is little "falling " of consolidations, the prices trend will fall a little.