This Week's Outlook
Hello. Lately I often think about how to start an opening of a post, and while it can be fine to always begin the same, I also think it’s good to vary it little by little.
The opening of the previous post was,
The market moves dramatically almost every week, but is your trading progressing smoothly?
Taking a break is also part of the market, and you should give up the head and the tail. I think this applies to market conditions that move greatly.
That was it.
The post “Midweek Outlook” was not updated due to important events such as the FOMC and Bank of Japan announcements. (This is the usual handling.)
The 503 method can aim for 100 pips even in normal times, not just during events, so I think there is no need to participate forcibly during events. If you enter at the proper entry location, there are times when the price overshoots the expected level and then pulls back, so you should consider entering positions and setting stop losses a bit wider than usual.
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Well then,
This week’s currency pairs from the perspective of the 503 method.(Currency pairs with relatively small values are listed above.)
NZDJPY AUDJPY CADJPY USDJPY EURJPY CHFJPY GBPJPY | × △ △ 〇 〇 〇 × | AUDCHF CADCHF AUDUSD NZDUSD AUDCAD AUDNZD | 〇 × △ × × △ | EURGBP EURCHF EURUSD EURCAD EURAUD EURNZD | × 〇 △ × 〇 〇 | GBPCHF GBPCAD GBPAUD GBPUSD GBPNZD USDCHF USDCAD | × × × × 〇 × 〇 |