The current ETH reminds me of a strategy I used to play when trading gold, which targets data large orders trending in one direction. Typically, this is done on Fridays because, generally speaking, the fluctuations in gold are the largest on that day. (However, there is also a small probability that Mondays have the largest fluctuations.) Looking at the trends on each Friday, they are usually large bullish candles or large bearish candles, which is exactly why this strategy is very suitable. The specific operation involves preparing a small position of 100 to 1000 dollars and observing the daily chart during the day. If it's a bullish candle, just go long. Conversely, if it's a bearish candle, go short, and then gradually increase the position. If the trend is right, with the appropriate lot size, you can multiply your investment by 10 to 50 times in a single day. If the trend is wrong, it will drop to zero. Due to the considerable multiples of returns and the relatively low cost of trial and error, it has a certain level of playability.


You can also extend the timeline to a week; after a phase of gold plummeting (3 to 10 days), there can be a rebound within the week, leading to even more terrifying profits. This strategy is based on the characteristics of gold; after significant declines, a rebound is certain because there is a natural advantage to going long on gold.
ETH-3.48%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GateUser-37bec8afvip
· 08-14 20:10
Just go for it 💪
View OriginalReply0
GateUser-37bec8afvip
· 08-14 20:10
快enter a position!🚗
View OriginalReply0
BearMarketInsistsOnSvip
· 08-10 23:23
The little brother recommends a coin that suckers were violently whipsawed
View OriginalReply0
View More
BearMarketInsistsOnSvip
· 08-10 15:28
Quick, enter a position! 🚗
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)