Speculation on the currency that a few moves - pull up after the

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar

Horizontal dish is more awkward trend, how to deal with is a problem. We see this is the 2 hours of the BTC , Paula because one liter brought enough to adjust the power, then sideways concussion became a lack of opportunities, in fact, many people make the mistake, tend to be in the entry, because the pull to rise rapidly, causing a lot of people can not afford time to response, prices have soared, the first response is often dry, afraid to go, so I want to say this is understandable, because most retail is a one-way trade, can only make money to do more, empty means losing the opportunity. But please note, everything has rules, the market also is such, if you feel a wave of rising will not adjust, can only make money, chase high consider high position, if it is a long-term get rid of, at the bottom of the rise in 20-30% May really is the admission opportunity, but for a short period, 10% May be the prices high, so you have to judge whether their entry position will have profit. The other way is to give up the first wave of profits and capture the second wave, which is the zigzag operation introduced by Paul yesterday. Then judging the second wave of low, there are generally several, back to the position of more than half, will be better trend, if the gold level, so better, in short, pull up the trend after the strength of the bull will represent the strength. As for the above figure, we can see that in the 2-hour figure, the trend of BTC is sideways fluctuation, so the timing of intervention is generally higher before the breakthrough, so the safety of doing more is better, of course, some people like radical, so you must be prepared for losses, set stop loss is very critical. The aggressive approach is to form a bullish trend in key support positions. For example, after the gold line is clearly supported, the macd shows a golden cross. In this case, you can try to enter the market, but you must set a stop loss to avoid uncontrollable losses after breaking.
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