If you don’t know this, you won’t win no matter how long
I am a Candlestick FX Trader.
As December begins, trading has become a bit more settled, hasn’t it?
With FOMC and the Bank of Japan coming up in the middle of this month,
it seems people are refraining from aggressive buying and selling.
Also, once December arrives each year,
Western countries start their Christmas holidays early,
and active trading is subdued.
In particular, traders who have been ahead this year
don’t need to trade in the difficult market of December,
and the better the trader, the more they stop trading
and take an early Christmas break.
Unfortunately, traders who are losing
try to somehow make back profits until the end of December,
in difficult markets, arguing about this and that while trading.
As I mentioned in a previous article,
logic is important, but more importantly,
the selection of the appropriate time frame and timing for trading matters even more.
For more detailshere articleexplains, but
no matter how wonderful your logic or signal tool is,
if you trade at the wrong time,
you won’t win easily.
And those who are winning tend not to chase better logic or signal tools,
but instead focus on trading at the right times and choose trades accordingly.
Since I started focusing on the right times and periods for trading,
I began to win more.
Pushing trades at inopportune times only reduces win rate and creates inefficiency.
This is true no matter how excellent the logic or signal tool is.
On the other hand, when you trade in the appropriate time frame or period,
barring unusually odd logic,
winning becomes easier.
Therefore, my win rate is high.
It isn’t that I win because any market is favorable;
in difficult markets I simply don’t trade,
and as a result, my win rate improves.
So, specifically, when is the right time to trade,
and when should you trade?
I have written about this in the following article.
If you have acquired various signal tools, EAs, or logics
but profits aren’t coming in well,
by revising the timing of your trades you may suddenly start winning a lot more.
A method to aim for large profits in a short time
Since publishing this article, I have received many messages from readers.
- A sign tool purchased from another seller was quite expensive,
but did not produce good profits and was left unused.
However, after reading this article and trading exactly as described,
profits started to come in steadily.
I realized once again how important time selection is.
- I have the TACO logic,
and although not everything, following what was written and trading accordingly
led to substantial profits.
- Before, I traded at times I shouldn’t have, and it shocked me. Now I understand why I couldn’t win with various methods.
The method is not by Candlestick Trader’s.
- The currency pair is also specified, which is convenient.
It tells you when and with which currency to trade, so
I trade exactly as it says.
So far, it’s going well.
If possible, I’d like this to continue.
- I use it in combination with Candlestick Trader’s logic.
It was a high-win-rate logic to begin with,
but trading during the times described led to
many big wins,
and I feel I understand how to trade more efficiently.
Many other voices like this have come in.
I have tried many different logics and signal tools so far, but
if things don’t go well,
the results don’t match the creator’s trading history,
or backtesting shows different results,
then if you follow this article to select currency pairs and time frames
your results may become dramatically different.
※For purchasers of this article
Today (December 5), I made minor corrections,
so please check again.
As economic conditions continuously change daily,
the optimal trading times are updated,
and I will continue to update accordingly in the future.
With that in mind, since December began,
the strategy is less about chasing large trends and more about taking smaller, frequent profits.
Meanwhile, for gold, there tends to be a degree of small trends.
In such conditions, this month in particular,the Breakout FX Logicis recommended.
This logic judges purely by candlesticks,
and after a breakout, aims to catch the trend.
It often targets relatively small trends,
keeping profits modest but consistent,
and ensuring profits are taken.
This is,the Breakout FX Logicand just now, a case where we traded using it.
The results here are from the article I just mentioned,
trading strictly according to the right times.
Before the first trade,
we did not trade in that time window on purpose.
This time window was known in advance as not suitable for trading,
so we did not trade.
Even by looking at the charts, most logics show it’s hard to make profits in this market.
I have seen many people, and those who lose tend to trade in such markets.
Why would anyone trade in such a difficult market?
I wonder this to the point of
asking myself, why?
This isn’t only my logic but applies to other logics and signal tools as well.
Conversely, once you enter trading during appropriate times,
you can win decisively with three wins and large profits.
Thus, avoiding times that are not suitable for trading and concentrating trades in the appropriate times is more important than which logic or tool you use.
And those who win seem to do this well.
Therefore, in a recently published article,
I found there was more reaction than expected from many people,
and it is very important, so I wrote about it.
And regarding theBreakout FX Logicintroduced here,
people who have already purchased it have given many joyful messages.
- This is a lifetime thing.
- It seems I can end my search for a logic here.
- This looks like it will continue to win forever.
- This is my first time seeing this way of market analysis.
- I am grateful to have found this logic!
Such voices have been received.
Because this approach is entirely different from previous logics,
I think you may see more such feedback.
If you want to secure profits in December as well, please take a look here.
Breakout FX Logic