You can only trade when you can see it
Good morning!
I’m former accountant, psychological counselor and trader Takashi.
Last night I missed out on about 5,000,000 to 10,000,000 yen.
GBP/JPY: buy on the push of the red arrow. I entered at the point I had drawn in the scenario, but it fell and I exited with a small profit.
Next, there was a clean entry point marked by the blue arrow.
I wasn’t watching this anymore.
If I had entered, I would have put in 50 lots; looking at the stop width, if I had entered well, I could have gone up to 100 lots.
If I closed out in the morning, I would have captured about 100 pips, so from 5,000,000 yen to 10,000,000 yen was possible.
If you were watching, you would have taken it.
I think it happens to everyone, but this is something that can’t be helped, right?
One of the frequently asked questions is,
「I’m working during the day, so I can only trade at night, can your trading be done only at night, Takashi?”
Yes, it can be done only at night. Like yesterday’s GBP/JPY, the moves are larger at night, so you can make solid gains even if you trade only at night.
There are times when it moves during the day, but if you’re at work, you can’t take advantage of that. That’s unavoidable.
No one can monitor 24 hours, after all.
What I tweeted last night.
There were so many things I wanted to do that I couldn’t keep watching the chart.
I know it’s hard to have many things you must do, but I’m doing everything I want to do.
Yesterday’s GBP/JPY was a place where it could have been taken easily, so honestly I thought “ouch” (in a joking way)w
Immediately, a candidate secretary appeared, so I’ll try a one-month trial period.
What I did last night wasn’t something only I could do, so I thought it’s better to hand it off to someone else even if it costs money.
I didn’t think that because I missed out; I had been thinking so even before I tweeted.
From there I missed out even more, which strengthened my resolve (and reflection).
Not being able to watch and missing out is not something to blame oneself forbut I think it’s worth improving if possible.
Now, I’ll explain yesterday’s GBP/JPY chart.
First, situational awareness is important. Even in yesterday’s GBP/JPY, there were people who were trying to sell. If you have good situational awareness, you wouldn’t be selling here.
I’ve also received reports that yesterday’s trade was taken. This was an easy part, so I’d like everyone to be able to take it.