25.4.25 Event Contract Morning Review
1st Trade: BTC Short, Take Profit!
Entry Logic: Entered a counter-trend short (a bearish candle with a long upper shadow appeared)
2nd Trade: BTC Flat Push Short, Stop Loss!
Stop Loss Analysis:
5-minute level encountered support at the LB lower band
15-minute level encountered support at the BOLL middle band
Summary: Next time when encountering double support/resistance at Bollinger Bands, do not break through or stop trading, wait for trend breakouts, and trade on the right side.
3rd Trade: BTC Short, Take Profit!
Entry Logic: After a new K reversal, it was again slammed down, breaking the previous low, entered short position
Issue: Did not monitor the market closely, missed a wave of continuous three-level market
Improvement: Must monitor the market closely for future trades
4th Trade: BTC Short, Take Profit!
Issue: 15-minute level had LB support, narrowly won
5th Trade: BTC Short, Breakthrough Second Level, Take Profit
Entry Logic: After retesting the 15-minute LB support, the 5-minute level dropped again consecutively and broke through!
6th Trade: BTC Short, Breakthrough Third Level, Stop Loss due to V-reversal
Entry Logic:
The LB lower band support at the 15-minute level was effectively broken
5-minute level in a continuous downtrend
30-minute level had LB lower band support
1H level had no support from moving averages below
Review:
1. Whenever the Bollinger Bands' moving average support/resistance appears at any level of 5/15/30 minutes during a trend, stop breaking through!
2. Always monitor the market when trading; if there’s no time, it’s better not to trade first.
Record: 4 Wins 2 Losses!
Profit: 0
