Lao Hao on currency: If you believe, it exists; if you don't believe, it doesn't. Choosing is really greater than effort. If you don't believe, just wait and see.

CN
1 year ago

Trading, true calm comes from inner peace, which is not related to right or wrong, but rather from enough self-belief. When it's right, don't be impetuous, and when it's wrong, don't be pessimistic. Continuously self-correcting has nothing to do with feelings. When you see a certain market situation, you understand how to position yourself, just like driving a car – stepping on the brake, steering, watching the road, and focusing ahead. There's no so-called order of priority, no so-called thinking, but rather an instinctive reaction. Trading is also like this.

From last night until now, Lao Hao also got on the train midway, went long and took down 2980 points, and then went short for nearly 2000 points. Yesterday, all of Lao Hao's students reversed their positions. Thanks to everyone for their trust and for following Lao Hao's thinking. Also, all the strategies on my Weibo are provided in advance, never vague. If it's bullish, it's bullish. I'll tell you directly at which point. As long as you can hold your position, your profits won't be small. So, there's not much point in joining any discussion groups. What can you discuss? It's just that I'm bullish, you don't believe it, you see another blogger bearish, I'm bullish, you doubt and don't follow, and when it rises, you start to panic. My cooperative clients' positions are all the same, there's no differentiation in guidance. There are records on Weibo as well, so don't ask me if there are any groups anymore. I don't have any!!!

From the current structure, the impact of false news yesterday, the long shadow at night is relatively long, and the trend is also oscillating at a high level, ready to be adjusted at any time. From a technical indicator perspective, the MACD lines on the hourly chart show a trend from high to low, indicating that there is room for a pullback. The evening strategy is still mainly focused on shorting at a high level.

Bitcoin strategy: Short near 28500, target 28000

Ethereum strategy: Short near 1595, target 1545

Lao Hao – mainstream currency analyst in the coin circle, with rich practical trading experience and unique trading philosophy. Currently a special contributing analyst for multiple financial websites. A mainstream currency research enthusiast with a certain level of research on the global economy. Due to personal interests, he has spent a lot of effort studying the development trend of Bitcoin. With his long-standing special market sense and combined with multiple technical analyses, his operational suggestions have a high execution rate. Jumping candlesticks require an interesting soul to control. Welcome friends in the coin circle to consult and communicate.

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