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Hello! I'm Teshima from Gogojan.
A highly popular series that unravels developers' trading histories and the behind-the-scenes of their products.
This time,Candlestick FX TraderWe are pleased to welcome Candlestick FX Trader.
This time, we received a free gift from Candlestick FX Trader—a e-book titled "How to Predict Future Price Movements." Please use the password in the video to obtain it.
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| Inducted into the Monthly MVP Hall of Fame |
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Candlestick FX Trader
15 years of experience as a full-time FX trader. He has studied numerous indicators and logics, and after trial and error, ultimately arrived at a method that trades using only candlesticks. He is currently based overseas and has established a trading style that can be completed with just one smartphone. As a practitioner who discerns the essence of the market through candlestick trading, he shares his know-how with many traders.
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Why “Discretion-Free”? A realm that cannot be reached with EAs or signal tools
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| When you think of Candlestick FX Trader, the image that comes to mind is that he advocates discretion-free trading. |
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| GogoNyan |
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| Candlestick FX Trader |
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Yes. I’ve tried discretionary trading, signal tools, and EAs, among other approaches, but the market is always changing. EAs and signal tools are formulas based on past market data, while discretion is based on years of experience. In other words, I concluded that if the market changes, you can't win. |
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I see. From there, you arrived at the concept of “discretion-free trading.” |
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| GogoNyan |
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| Candlestick FX Trader |
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Yes. That’s why I’ve pursued and developed a no-discretion logic that will remain usable going forward. |
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| I heard you started investing with stocks. |
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| GogoNyan |
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| Candlestick FX Trader |
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That’s right. About 20 years ago, reading “Rich Dad Poor Dad” was the trigger. Back then, I had little capital and couldn’t make large profits. Later, FX became popular, and about 15 years ago I started FX trading seriously. |
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The modern optimal solution!? Trading that can be completed with a single smartphone
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| He is said to be based overseas these days, and reportedly trades on a smartphone. |
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| GogoNyan |
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| Candlestick FX Trader |
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Yes. Because I travel and live a mobile lifestyle, I focus more on my smartphone than a PC. EA and signal tools cannot be used on a smartphone, so I naturally adopted a candlestick-only trading style. |
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| There are many requests for EA and signal-tooling as well. |
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| GogoNyan |
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| Candlestick FX Trader |
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Yes. Many people request tools, but my view is that tools that formalize past markets are weak to market changes. For example, government shutdowns or postponements of indicator releases—unforeseen events—cannot be flexibly handled. With discretion-free logic, you can check the news and decide immediately. |
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I see. There are seven approaches to the logic, apparently? |
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| GogoNyan |
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| Candlestick FX Trader |
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Yes. There are logics ranging from scalping-focused to ones usable by people with little time. All of them can be judged on a smartphone and operate with candlesticks alone. I think beginners can start right away. |
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| IndeedA trade that can be reproduced with just one smartphone, |
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| GogoNyan |
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| Candlestick FX Trader |
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Yes. I don’t have high discretionary power myself, but with this logic I can trade stably. |
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Candlesticks Speak: A Thinking Method to Read Market Participants' Psychology
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| Candlestick-centered trading is pursued to understand the psychology of market participants. |
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| GogoNyan |
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| Candlestick FX Trader |
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That’s right. Indicators visualize past markets, but cannot predict the future. |
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Yes. What real-time traders are thinking and what positions they intend to take. If you know that, you can read the next price movement with a high probability. Candlesticks are the most suitable for that. |
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Candlesticks reveal human psychology. The method for interpreting that psychology is this content “TACO Trade Logic.” This chart illustrates the points for reading the psychology.Next time, we will delve deeper, so please stay tuned.
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| No-discretion logic that can target bigger gains in unstable markets |
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TACO Trade FX Logic
A no-discretion scalping logic designed to profit in a short time!
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