You can search for this person, the legendary trader Darek Dargo, who mainly deals in foreign exchange and cryptocurrency. His winning rate of thousands of public transactions is basically stable at more than 80%, which is strong and stable! ! 😘😍 He revealed his strategy during the interview, including the entry method and the setting of stop profit and stop loss. I will tell you all about it next~
Darek Dargo grew up in Sri Lanka. His father worked in the Polish embassy. In the early 1990s, Poland got rid of the control of the Soviet Union and the stock market reopened. By chance, Darek came into contact with the stock market. Although everything about the stock market was very unfamiliar to him, he bought 100 shares of a company after a little understanding and made his first transaction in his life. According to him, this transaction took many years and made more than 5 times the profit! In 2008, Darek closed the company and devoted himself to the trading market full-time. At first, he mainly traded foreign exchange and stocks. With the rapid development of the cryptocurrency market, he also began to dabble in it. At first, he used more than a dozen indicators to help him make trading decisions, but this was like asking ten people a question. It would be difficult for so many people to get the same answer. He would often hesitate, and the transaction was not smooth, and the account did not improve for a long time! Until he discovered that the winning rate was extremely high when price behavior and a special use of MACD were combined, and the gears of fate began to turn from then on~
Darek named it the PA+MACD strategy, and the strategy is divided into three steps! ! The first step is to mark the key supply and demand areas or support and resistance positions in a 4-hour or longer period. The literal meaning of support and resistance is easy to understand. As long as the area can effectively provide support or resistance to the price, it is support and resistance. The supply and demand areas that drive price movements are usually considered to be the operating areas of large capital institutions. Large capital institutions can drive prices to fluctuate greatly. They usually place a large number of orders in certain intervals/If the market has started after only part of the order is executed, then this trend will no longer meet the transaction conditions for large funds. They will wait until the price returns to the target range again before continuing to trade. They rarely chase ups and downs like retail investors! We subjectively believe that these four trend structures conform to the concept of supply and demand zones, and these positions do often have a stopping effect on prices👇
The demand zone is determined by two structures: "fall, flat, and rise" and "rise, flat, and rise"! ! Fall, flat, and rise means that the market falls first, then flattens, and finally rises. The small platform node before the market reverses is the demand zone we are looking for. When the price approaches this demand zone again, if there are still many unfulfilled orders, it may prevent the price from falling again. / Rise, flat, and rise means that the market rises first, flattens, and then continues to rise. This usually means that there is a short-term turnover of long and short positions in a period of market, and then the price continues to rise. This rising platform node is another demand zone! The supply zone includes two trend structures: rise, flat, and fall and fall, flat, and fall. The marking method and judgment method are the same as the demand zone. After knowing these potential areas that may cause prices to stop, we can enter the second step~
The second step is to verify the validity of the zone! The price should form a standard Harami or Engulfing pattern near the potential reversal zone!!
The third step is to use MACD for confirmation. We enter MACD or MACD in the indicator search bar, uncheck MACD and signal line, leaving only energy column!! Here we use MACD as an oscillator, and only use two-color energy column to confirm the change of direction. MACD green to red column means long to short, red to green column means short to long. MACD peaks and troughs must be far away from the zero line, not too flat, and the fluctuation must be regular, not irregular red-green-red-green changes!
Taking the Bitcoin 4-hour chart as an example, the rule for entering the long position is: In a downward trend, when the price reaches the demand area, a standard pinbar engulfing pattern appears, indicating that after the price falls to the current area, there are too many unfilled orders or active buy orders, and it is difficult for the price to fall below once. When the price leaves a long lower shadow and breaks through the previous candlestick high, the MACD will turn from a red column to a green column. If all conditions are met, we expect the price to rebound for a period of time, and we can enter a long order at the closing price.
He will place the stop loss slightly above the supply area, or near the bottom of the demand area. If the area is too large, he can also place it at the end of the entry K line! ! He will not deliberately pursue a risk-reward ratio of 1:2 or higher, because the stop loss range of the four-hour chart is usually not small, and the space is too large, and the risk and uncertainty factors will also increase/ So he prefers to stop profit near the nearby key area, and the risk-reward ratio is often below 1:1, because he believes that his winning rate is high enough and stable enough~
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