What is naked K:
Exclude the news (what Trump, Powell's speech), what US stocks and a series of events, peel off the cocoons, return to the essence, and see the real intention of the banker from the shape of the market. So as to plan your own transaction.
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In Doug's cognition
I can say very responsibly,
If you are trading, playing Bitcoin, and want to learn, then the first step must start with naked K.
You don't even know what the market is saying, how can you have good results! right!
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Take yesterday's 6.3 Doug's trading journey, strategy orders, and plaza analysis as examples. Let's talk briefly!
Naked K trading method: Confirm the key position.
First of all, get up every morning and find today's key positions: see this.
Why did I come to the conclusion that the small-level oscillation is in the range of 103750~106000? How did these positions come about? In fact, it is not that complicated.
Look at the 1-hour chart of Bitcoin: two blue lines. 106000 and 103750 have received multiple support and pressure respectively in the entire oscillation. Multiple turning points appeared
Then, it can be judged that these two positions are quite critical. (Note: the key position is not a specific point, a better understanding is a small range near this point.)
Simply put: the key position is the support and pressure of a trend.
So, when I posted the article, the price was more closer to the upper 106000 pressure, and the increase appeared to shrink and close the needle.
We can judge that it is the end of a small-level upward trend, and enter the market with an engulfing signal.
Learn key positions, then the second step is to learn: what is the entry signal
There are many entry signals, such as morning star, bullish engulfing, harami, etc. Doug can't say everything in one article. If you are interested, you can check it online, they are all available.
Here I say, I think the strongest, highest success rate, and most effective entry signal.
pinbar
Naked K trading method: Entry signal: pinbar
Trading continues.
In the later trend, the price fell slightly and rebounded. I added a heavy position here in the red circle of rebound in Figure 1-4! why?
Because a pinbar appeared at this position.
What is a pinbar. It is an shadow line like a shooting star in Figure 1-5. Also called a shooting star line,
(Condition: The shadow line length is more than twice the entity, the lower shadow line cannot be too long, and it must appear on the key position to be judged as a valid signal)
Generally, the appearance of pinbai at a key position indicates that the market may reverse.
Additional signal confirmation. The shape here is also a standard 2b shape, which is also a relatively strong reversal signal.
Third: This is considered a false break.
What is a false break? A false break is a sudden reversal after the price is near the previous high. The reason for the false break is:
[False breakout is because the direction of the breakout violates the intention of institutional traders, and behind it is the process of institutional traders washing the market. Institutions use their capital advantage to create the illusion that the price is about to break through, lure retail investors to follow, and then operate in reverse, so that retail investors who follow in are trapped or stopped out. The performance of this process on the chart is a false break. Although a false break is a trap prepared for retail investors, it also exposes the true intentions of the institution, which is the opposite direction of the break]
And macd also appeared dead cross at this position!
(How to use macd, you can check my top article)
So these are Doug's entry signals
Then if you can find key positions, understand entry signals, and know how to enter the market, let's see where to put the take-profit position.
Very simple. Turning point at the key position below.
Generally speaking, for the first take-profit position, we mainly look at the previous low, because that is the nearest turning point.
First, small-level trends, lines.
Second, the lower support between the two lines mentioned above.
When I reached the first take-profit, I reduced my position by 50%. No pressure to bet on the break and continue to fall, the result broke, but the second support position, supported. I left all. Secondary support, and a reversal signal appeared, I started to do a reversal.
For small-level trend lines, it is also considered a false break.
If you change to a small level, this position actually appears multiple entry signals, that is, it reminds you to enter the market many times and gives you many opportunities.
Doug also shared it as soon as possible.
The later result is: Bitcoin Ethereum double take profit, one double, one five times!
See the picture below, there is more content. This will be discussed in the next issue.
At the same time, the price came to the key position above again.
This entire segment is a sign that the upward power is weakening. We can use small levels to find if there is a reversal signal.
I saw the signal on the 15-minute line and started to enter the market. Because of the reversal, my position in this wave is not large.
Enter the market.
Profit.
Including Doug's other strategy.
zen entry. ,
See the picture below. At the 4-hour level, a pinbar appeared and appeared at the key position. On the Fibonacci 50 line,
So I all judged that I can enter the market with a small position. The goal is strong high 11
Eaten a 13% increase, perfect take profit.
[Fibonacci usage, pinned on top]
Order record, don't say hindsight. The time cannot be changed.
Limited articles, this article mainly talks about key positions, entry signals, and pinber.
In fact, ordinary people, strictly execute each pinbar, not do nothing, and then manage the position, the winning rate can be improved.
But there are many ways to judge in naked K.
In a transaction, the profit-loss ratio is very important. In Doug's trading system, there are also entanglement theory, price behavior judgment, judgment of liquidity, etc.
