Thoughts on US Stocks After Market Close on August 8
US stocks opened higher, and the gold sector also generally rose due to trade impacts! Bitcoin is currently stable above 116,000, with a recent push towards the 117,300 level! Tonight, we will operate according to the rhythm of high short and low long! Key attention should be paid to the break points at the high of 117,200 and 116,000.
Operation Strategy: Go long at low levels, placing long orders between 115,800 and 116,000! Take profit target at 117,300; if broken, consider reducing positions and continue to look upward. Stop loss at 114,930.
The white plate strategy is profitable; made two swing trades in the afternoon! This will still provide points for laying out one long position! Continuing to be profitable!
It seems that the big pancake doesn't want me to expand my vision! Then I'll hit you in waves! I didn't catch the needle at 116300 during the lunch break, so let's not expand our vision!
1. Prerequisite of Structure: The rhythm of 'higher highs and higher lows' is fundamental, and it itself is the embryonic form of a trend. Only within this orderly rhythm does a previous high hold the significance of a 'resistance level', making the breakout valuable for reference.
2. Logic of Confirmation: Do not chase the first breakout; wait for a pullback to hold above the previous high. Essentially, this assesses 'whether there is capital willing to support at a higher level after the breakout'. If the pullback breaks the previous high, it indicates that the breakout may be a short-term impulse from capital, and consensus has not formed.
3. Setting Stop Losses: Use the 'structural starting point' as a boundary, allowing the trend to have fluctuation space while also being able to exit promptly when the trend is invalidated, reflecting the principle of 'letting profits run and cutting losses'. Adjusting the stop loss based on previous lows is a classic method of dynamically locking in profits and following the trend.
4. Deeper Meaning: 'Change of Positions and Market Consensus' points out the essence - structural breakouts are not just price actions, but signals indicating that the bulls have gained dominance after a tug-of-war between bulls and bears. Once this consensus is formed, the sustainability of the trend will be stronger.
The eleventh order made a heavy position wave! 500 points took down 1893U. Waiting for the big pie to retrace around 116000 to layout long positions again! Continuing to maintain the win rate, the dawn is just around the corner!
Last night the S&P closed down, but favorable news has emerged! Trump signed a bill allowing investors to invest in alternative products! The big pie has now stabilized above 116,000!
Continue the strategy of buying at low levels, placing long positions in the range of 115,800 to 116,260, with a stop loss at 115,310 and a take profit at 117,457.
Are you all on the same page with this idea? Plan your long positions in advance! Accurate points, following it means profit! Don't be confused anymore, move forward in the direction of the light!
The big coin successfully closed a long position of over 116,000 at dawn, earning 500 points. Profit of 1893U. Current funds have reached 18137. A friend's reminder has made Honglin even more confident about the 116,000 level. Decisively placed an order to go long!
A 3x target has been achieved, but the tenth order has resulted in excessive profit drawdown! Acknowledging mistakes and being able to improve is of great importance. Out of ten orders, 8 wins and 2 losses! The win rate is optimistic!
Currently, the funds have not yet reached the psychological expected position for Red Lin! Moving forward, multiple positions will be opened simultaneously, with precise points for each order! Only 1 slot remains!
Yesterday flowed like water, and the departed cannot be pursued; tomorrow is like floating clouds, and the coming ones are still uncertain.
Tonight, influenced by the news, the short positions hit the stop loss and broke through the resistance level at 116000! Losses are not frightening! Confidence remains! Without difficulties, where is the motivation!
Evening Thoughts on US Stocks After Market Close on August 7
US stocks opened higher, and in the afternoon, due to news influence, Bitcoin surged to the 116000 level and began to fluctuate until the US stock market opened, having broken the 116000 resistance with signs of stabilization. We will follow the trend: buy low, buy between 115900 and 116300, target 117220, stop loss 115519.
8-game winning streak interrupted, Trump signs the document! The favorable news for Bitcoin caused the red dragon's short position to stop-loss and exit! There are no eternal profit masters, only endless learning!
Early morning thoughts are stable now! Patiently wait for the point to place the next order, the midday update will be provided! Keep one hand on the focus, and gain more profit with an extra hand!
5000u margin funds have arrived at 21892U, the increase in numbers plays a beautiful melody like a piano! Honglin is currently rewarding the trust of our partners by starting a new 1000u margin, offering 7 parking spots, with 5 remaining!
Set up a short position at midnight and woke up in the morning with a profit of 2000u, capturing 700 points. Precisely strategized to short at a high position! Only 1 spot left, are you still hesitating?
Precise strategy, the short position with a difference of 200 points is currently floating a profit of 700 points. Partners who joined, look towards the target!