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Trading Principles: How Many Do You Know?
**I. Asia rises, Europe continues, US pre-market pullback is a short trap.**
Explanation: During an uptrend, consolidation at higher levels occurs. After opening in the morning, the market rises all the way up. The European session continues the uptrend and breaks through the Asia session high. Before the US session, around 20:00-21:00 (standard time), there's a rapid decline supported by the European session's starting point or the 60-minute K-line 10-period moving average. After the pullback, the US session will definitely see new highs. Therefore, if Asia rises and Europe continues rising, the 1-2 hour pullback before the US session should not be traded short, but rather long. Generally, the US session almost never reverses downward.
**II. Asia's sharp rise struggles to continue, Europe's decline breaks support, US pre-market bounce is a long trap.**
Explanation: The morning's seemingly strong upward attack gradually falls back in the afternoon, breaking the morning's starting point. At this time, there will definitely be a bounce before the US session. Don't chase shorts during Europe, but short after the US bounce rather than going long. This occurs especially frequently when an uptrend tops. After an uptrend, the next day's opening continues rising, but after a rapid surge, the afternoon slowly declines and breaks the starting position. The US pre-market retest appears strong but is actually a long trap—sell on highs.
Market conditions constantly change! The above views are for reference only! No matter how the market fluctuates or how the market shakes out, it always returns to its trajectory. Trading isn't about long/short positions at specific points—it's more about logical thinking and predictive understanding. $BTC