Investment is a long-term process, along with the loss of profit is normal, if because of a temporary loss of faith or hope, Jin Cheng felt that some of the gains are not worth the loss Investment is a long-term process, and it is normal to make money with losses. If Jin Cheng loses confidence or hope due to temporary losses, he feels that the gains are not worth the losses. Temporary losses do not mean that he has failed to control the capital during this period, or he has not really learned the ability to control the capital. I think everyone does not want to do this. They all hope to find the sense of accomplishment and joy of success in investment. If you want to become a successful investor, please stop your steps, recall the problems on the investment road, solve the problems, and make sure that the investment state. I believe that the road to success is not far away from you at this time! Next, Jin Cheng simply analyze the future market trend for you, hoping to bring help to the confused. Gold market analysis: From 4 hours, the current MACD gold fork but issued a top deviation signal, KDJ high issued an overbought signal, 1430 integer mark also exists some resistance, short term need to beware of pullback risk; 5 Moving average support near 1418, 20 moving average support near 1410, if the loss of this position, increase short-term peak risk; There is also some support around 1422. Gold continued its aggressive advance to $1428 and remained above all major averages, with short-term bulls in the ascendent position. In terms of technical indicators, the MACD red momentum bar is holding slightly steady, the RSI and KD have both hit overbought levels, but the outlook remains broadly bullish. In summary, the operation of the idea of Jincheng suggested to callback to do more, above focus on 1438-1440 a line of resistance, below short-term attention to 1418-1420 a line of support. Gold handling advice: 1. Suggest the radicals to consider shorting without breaking 1435 with a stop loss of $5 and a target near 1425-1422; 2. It is suggested to place multiple orders near 1420-1422 with a stop loss of 5 dollars, and the target is around 1430-1435 dollars; How to do the right gold investment 1. In foreign exchange investment, it is necessary to fully understand the risks and benefits, the probability of winning and losing money and several major problems to prevent. If the risk prevention does not have an exact understanding, random trading, then losing money is inevitable, generally as long as the strict setting of the list to stop losses and gains, light warehouse to do the single, can well control the risk, so as to achieve the purpose of profit. 2. Know yourself and your enemy, and you will win a hundred battles. But in the foreign exchange market, confidants are important, and investors need to know their own personalities, because people who are easily impulsive or have a strong emotional tendency are not suitable for this investment. Successful investors, most of them are able to control their emotions and have the discipline to effectively discipline themselves. So those who know will win in the forex market. 3, in a sense, sometimes read the wrong trend of the market, or into the situation suddenly reversed, resulting in monads are trapped, this is a normal phenomenon, even the master is not immune. The difference between success and failure is how you make decisions and how you deal with them once you get in. The dumbest behaviors are the result of petty mentality. Successful investors don’t blindly follow the opinions of others. When everyone is in the same investment position, especially the small investors are also following, the successful investors will feel the danger and change course, so as to achieve the purpose of investment. 4, the market is real, don’t be emotional, too much looking forward to the future and memory of the past. A visionary, emotional, very exposed person is a beautiful and happy person, but he is not suitable to be an investor, a successful investor is able to separate his feelings, illusions and transactions; The author’s advice: trading is not easy, but meticulous thinking and rigorous operation, hope all the way bumpy you, as soon as possible out of the loss quagmire, on the track of steady harvest.
Weekly Technical Outlook – USDJPY, GBPUSD, NZDUSD
USDJPY faces minor injuries after higher US jobless rate; Powell’s testimony next on the agenda GBPUSD surprasses key obstacle as UK gets new government; monthly GDP data on the agenda NZDUSD waits…