There are numerous methods of trading, and I started from scratch, teaching myself about trading. I have studied a variety of technical approaches and participated in some trading training sessions. I have experienced many failures and setbacks before gradually refining my own trading system and finding my way out. Looking back now and summarizing trading methods, I've realized that all trading patterns and logics revolve around two key points:

First, is it left-side trading or right-side trading?

Second, is it single-cycle trading or multi-cycle resonance trading?

If you haven't yet summarized your own trading method, today's content is well worth your attention. At the end of the article, I will share a specific trading method of my own for everyone's reference.

Let's start with left-side trading and right-side trading.

In trading, left-side trading is more aggressive, while right-side trading is more conservative.

Left-side trading refers to the act of starting to buy aggressively before a trend has been established, such as when the market has been continuously falling and is about to reverse. You enter the market in anticipation of the upcoming reversal.

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Right-side trading involves using technical criteria to first confirm the trend reversal and then selecting opportunities to enter the market. Because there is a confirmed reversal standard beforehand, it is more conservative.

The chart is a 1-hour candlestick chart of the Euro to US Dollar exchange rate, where the left side and the right side represent exactly the same trend.

The left side of the chart is a schematic diagram of left-side trading. The market has completed a five-wave pattern, and there is an expectation of a reversal. You enter directly at the end of the fifth wave without waiting for the reversal to be confirmed.On the right side of the diagram is an illustration of right-side trading. After the market completes a five-wave pattern, one should wait for the market to break above the downtrend line and form a bottom pattern before entering the market again when the market retraces to support.

From the diagram, you can see that the left-side trading position is better, with lower prices and a larger profit space after the reversal. However, it has not been established as a reversal, making it less stable and thus more aggressive.

Right-side trading has been filtered through three technical criteria, making the reversal more certain, the entry position more precise, and the trading details easier to control. However, the price at which it enters is indeed higher, making it more conservative.

In fact, both of these models have their pros and cons. We can consider whether we have an aggressive or conservative personality and then determine our trading model according to our own personality.

Next, let's talk about single-cycle or multi-cycle trading.

After determining the model, the next step is to choose the trading cycle, with the options of single-cycle trading and multi-cycle resonance trading.

Single-cycle, as the name suggests, is where the trend is confirmed, entry, stop-loss, and profit-taking are all set within one cycle.

Multi-cycle means that all settings are in different cycles. For example, in the "big picture, small action" model, the larger cycle confirms the trend, and the smaller cycle is used for entry and setting stop-losses to achieve a better risk-reward ratio, with profit-taking set in the larger cycle.

The single-cycle trading method is simple and easy to operate. Assuming it is a 1-hour single-cycle trade, it requires very little attention to the market.

Multi-cycle trading has trading signals that have been filtered through cycle resonance, making it more stable. Moreover, the "big picture, small action" model can also achieve a better risk-reward ratio, but the operational steps are more complex. If it is a 1-hour "big picture, small action" trade, using a 5-minute entry, it requires a lot of attention to the market, otherwise, there is a risk of missing trading opportunities.Everyone can choose their own methods and trading cycles according to their specific situations. After that, by adding technical indicators and determining trading criteria, one can establish their own trading system.

Next, I will explain one of my trading methods, which is a dual-cycle right-side trading method.

The cycle selection is daily and 1-hour levels. The technical logic of the trade is as follows: after the daily level market tests the important support and resistance levels, a reversal candlestick is formed on the daily chart. At this time, observe the 1-hour level. If a trend break and reversal are also formed, the trend reversal is confirmed. Enter the market during the 1-hour pullback and aim for a high reward-to-risk ratio.

The chart shows the EUR/USD candlestick, with the left side being the daily level candlesticks and the right side being the 1-hour level candlesticks.

On the left side of the chart, the market has tested the horizontal support and Fibonacci support three times in a row, and the daily chart has formed a reversal candlestick. Looking at the right side of the 1-hour level, the market has broken through the long-term downtrend line and has also formed a horizontal break of the previous high, indicating a trend reversal at the 1-hour level.

The daily and hourly confirmation of the bullish trend, and then we enter the market on the 1-hour level pullback.

The chart shows the EUR/USD candlestick, with the left side being the daily level candlesticks and the right side being the 1-hour level candlesticks.

On the right side of the chart, after the bullish trend is established, the market pulls back. The market tests the 50% Fibonacci retracement level and forms a reversal candlestick pattern, then enters directly. The stop loss is set at the low point of the reversal candlestick. Subsequently, the market rises significantly, and the daily level continues to rise for three days, resulting in an ideal reward-to-risk ratio for the trade.