Ice_and_Fire1

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Many friends enjoy short-term trading, mostly due to the short holding time, quick results, and the thrill of the process. However, short-term trading is the most challenging among all trading methods and requires careful consideration. Today, I will share my early experience of short-term trading with you. Specific methods and strategies will be provided in the...

Ice_and_Fire1

On the night of the February non-farm payroll report, gold plummeted with a large volume decline, but on the night of the March non-farm payroll report, it saw the opposite, with gold continuing to rise significantly with a large volume increase. Entering March, gold maintained its overall sweeping upward momentum. However, last week, due to news on Tuesday,...

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Due to positive data, the oil price continues to rise. Our long position took profit at 76.3. Currently, it seems that there is still momentum for oil to continue its upward trend, with the MACD indicator showing a second bullish crossover on the 2-hour chart. Resistance is near 78.5, so I believe we can continue to enter long positions with a trading strategy...

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The released nonfarm data was bearish for gold, but the figure significantly decreased compared to the previous value, and the unemployment rate increased, which is bullish for gold. Therefore, gold surged above 1860 after the data was released, breaking the previous high and opening up more room for upward movement. Based on the current momentum, there is a...

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Gold skyrocketed to around 1870 after the release of the non-farm payrolls report, and this is the question that most investors are concerned about: will it continue to rise? I believe it will, and it may even reach around 1890-1900. Why do I say this? Let's analyze it from the fundamental and technical perspectives. As we have discussed in previous articles,...

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For trades such as stocks, futures, or forex, stop loss is a part of the trade, and it only works for investors if there is a stop loss in each transaction and it is adhered to. Today, I bring you a 3:1 gold stop loss rule, hoping to help with your investments. Stop loss is a way to minimize losses in current market trades and is frequently mentioned. However,...

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Given that no matter what market conditions may be, there will always be friends who find themselves trapped in a position, here are several methods for unlocking these positions: Long-term unlocking: If an investor has a clear view of the big trend (such as a bullish market), and their position is trapped in a small trend (a dip in the market), they can first...

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The sequence of events leading up to the collapse of SVB Silicon Valley Bank is as follows: SVB Silicon Valley Bank was one of the top 20 banks in the United States, with over 40 years of operation and total assets of $211.8 billion as of the end of 2022. As its name suggests, the bank primarily served technology startups and employees of large companies in...

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The non-farm payroll data in January was unexpectedly weak, largely due to statistical adjustments and labor hoarding causing abnormal data. The addition of over 500,000 jobs to the non-farm sector is unsustainable, and inflation is likely to continue to trend downward in the first half of this year due to base effects. Therefore, I personally believe that the...

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The crude oil is currently trading around 74.8, with some support visible on the 4-hour chart. In the short term, there is upward momentum observed on the 1-hour chart. As a trading strategy, one can go long near 74.8 and target 76.3, with the possibility of further upside if the resistance at 76.3 is breached. If unable to break through, a short position can be...

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Gold has shown a double bottom near the 1809 level, suggesting a long position. Continue to go long, no need to say anything else, just enter the market directly. The downside support level is near 1802, so we will be long today with no other strategies. Get ready for a strong rally, as I am already prepared. Trading strategy: Go long on gold at 1809, stop...

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At the start of the Asian market on Thursday, crude oil is currently trading around $76.5 per barrel. On Wednesday, crude oil continued to fall as concerns about more aggressive interest rate hikes weighed on economic growth and oil demand, outweighing the larger-than-expected reduction in US inventories. Although yesterday's decrease in crude oil inventories...

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Every path we take in life is a kind of understanding. Along the way, we will encounter many people, and happiness is finding a warm person to spend a lifetime with. For relationships, perhaps the further away, the longer lasting they can be. In life, there are many things that we obtain and then forget. Ultimately, what accompanies us to the end of our memories...

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Despite the fact that the Bitcoin (BTC) price trend should have been boosted last week from the perspective of the US dollar and risk appetite, unfortunately, the cryptocurrency market experienced negative news. According to reports, cryptocurrency bank Silvergate announced that it will postpone the submission of its annual 10-K report for the 2022 fiscal year,...

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The 1830 short position on gold has been closed for profit. What can we do now to maximize profits? Looking at the short-term trend, a death cross has formed on the 15-minute chart, and with continued weakness on the 15-minute chart, a death cross on the 30-minute chart is also about to form. Therefore, it makes sense to sell at this point. My personal trading...

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In trading, we may have short-term profit goals, but long-term goals are built on the foundation of short-term profits. Without short-term profits, long-term goals are meaningless. Therefore, we need to balance short-term and long-term goals to achieve steady and sustained profitability. After Powell's speech, gold continued its downward trend and hit a...

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The long position for buying Gold 1809 has reached around 1821, with a profit of $12. Followers can choose to continue expanding their profits based on their risk tolerance since investment always involves risk. From the trend perspective, it is within expectations to continue to rise. The first resistance level above is still at 1833, which is also the...

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For trading stocks, futures, or forex, taking profits is also part of the trading process. For investors, taking profits and adhering to it during a trade is effective. When to take profits? Where is the best position for stop loss and take profit? Which strategy is more profitable? Taking profits and stop loss is one of the most important aspects of trading. If...