Simple determination of intra-day amplitude

In fact, the daily volatility of every currency in the market is * * *, that is to say, in the absence of significant market data, the maximum volatility of unit currency is about 80% likely to be an interval value. For example, under normal market conditions, the volatility in Europe and America is between 150 and 200 points, and the volatility in Australia and the United States may be between 80 and 120. In other words, if the market goes out of today's low point, it is necessary to enter the market if you want to short. Different currencies and different time points may produce different fluctuations, so investors in this market can simply make a retracement to summarize.

2. Grasp the time.

In intraday trading, due to the emergence of 24-hour uninterrupted trading mode in Asian markets and European and American markets, the trading volume brought by each market will also be greatly deviated, including the difference in the impact of economic data released during the period, which will be divided into market adjustment period, market brewing period, market fluctuation period, first market fluctuation adjustment period, market main fluctuation period, market adjustment or news period. The general fluctuation point, the direction of movement and the risks and benefits generated in different time periods will also change greatly. All these will have a great impact on our day trading.

Judging trend

There are many indicators to judge the trend. I usually judge the trend of a day by combining the H4 moving average and the K-line trend line. I simply draw an upward trend line or a downward trend line along H4, and follow the trend as long as this line is not broken. I will follow the moving average of H 1 in trailing stop. When encountering short-term market highs and lows or the top or bottom of intensive trading areas, you can choose to close your position appropriately. Remember that 80% of veterans die in the constant bargain-hunting market.

4. How to get out

When you find that the market is unfavorable to your position, you should immediately choose to close the position. To set a reasonable take profit ratio, I suggest that it should be at least above 1: 1, and the reasonable value is 1.5: 1. More and more traders like a larger ratio, but the difficulty of profit-taking will also change. At present, the ratio of Goldman Sachs is around 1.9: 1. In addition, the concept of a safe boundary should be set for profit points. I am currently using 80%, that is, 80% of the entry point of your preset profit-taking point will close the position and leave, because the transaction is quite biased.