7.21

Asian early momentum market liquidity is generally weak, and the main players are likely to use small-lot orders to insert needles up and down for wash trading. Fake breakouts and false breakdowns will appear frequently. If you can’t read the choppy, minor fluctuations, just stay put and observe; holding your hand matters far more than constantly flipping trades. The one-sentence core summary for early momentum trading: when there’s no volume but a reverse attempt, absolutely don’t chase the FOMO; mainly short following the pressure zone, and at the support zone do small-lot short-term long arbitrage. Split your positions throughout the whole process; no stop-loss and absolutely don’t open trades. Wait patiently for liquidity to return in the US and Europe session; after the market breaks out clearly in one direction on increased volume, then follow the trend and increase your trading intensity.
For the big cake, reverse around 65900-66400, target 64500-64000 nearby.
For the second cake, rebound around 1930-1970, target 1870-1830 nearby.
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