Do you look at economic indicators with the indicators of heaven and earth? Introduction to actual viewing and usage

Good morning! This is Shirou.

The Heaven and Earth indicators are

points where entries can be identified with various indicators and signs

however,

Do the Heaven and Earth indicators also look at economic indicators?

I want to know what fundamentals actual users of the Heaven and Earth indicators are using!

For those who are curious, in this articleI will share the

ways to view economic indicators

that I personally use with the Heaven and Earth indicators

This is my personal method. Please understand in advance.

Do the Heaven and Earth indicators view economic indicators?

As per the manual, the Heaven and Earth indicators do consider economic indicators!

According to the manual,

you should enter after avoiding the economic indicator times

to enter.

I

check whether the economic indicators are priced in
and whether the results are reflected

to monitor.

U.S. economic indicators tend to move the market, so the standard practice is to avoid the 1-hour before and after about ☆4 to ☆5, and I use the same method.

【Addendum】An example based on my rules

Addendum

Until recently I watched ☆3 or higher, but now I watch ☆4 or higher as my rule.

In the current 15-minute chart trading (all timeframes apply) I stop according to the following rules.

Also, if after 18:00 you cannot see the chart,

when indicators are ☆4–☆5 between 21:00 and 22:00, I skip the corresponding currency just in case

to avoid risk.

Which sites do you look at?

In my case, I view economic indicators on

Minkabu

site.

If you bookmark the links above, you can see that day's economic indicators.

I also look at key speeches (Minkabu) and forex news (Minkabu).

Do you not look at other sites?

If Minkabu’s indicators, key news, and forex news do not clarify, I may check other sites as well. I might glance at ZAI or a sheep-herder (Yahiro) type sources, butit is generally better to choose one company’s site to rely onas a rule of thumb.

How Heaven and Earth Indicator users view economic indicators

So how I actually use them is very simple.

Primarily, of course,

secure profits or cut losses before the economic indicators are released

in other words,entering while avoiding the economic indicatorsis the approach.

Even if the forecast is out and priced in, once the release comes, momentum may halt and the market may move in the opposite direction—a common pattern

For me, when the economic indicator level is☆3 or lower,

I assess whether the forecast might go up or down

and decide whether to enter accordingly.

Looking at economic indicators, AUD (Australian dollar) seems tobe better than the forecastcompared to the previous value,so I judge that AUD will riseas a result.

In other words, even if the market tends to short,

if I determine that AUD will rise because the forecast is better than the previous value, I do not take a short position

and proceed with the entry accordingly.

Pairs like AUD/NZD are typically anticipated as AUD being bought and the market rising
and for opposite pairs like NZD/AUD the view is that the market will fall (NZD selling, AUD buying)

Ultimately, I aim to secure profits or cut losses before the release as much as possible, or enter after reviewing the results.

Economic indicators can be generated with ChatGPT files

Finally, I’m not sure how useful this is, but

I’ll show how to create economic indicator CSV files with the paid version of ChatGPT

for this purpose.

It’s a paid version, but

ChatGPT analyzes economic indicators andevaluates the directional forecasts from the results

to help you understand the trend.

In the free version, you can upload a CSV file you prepared (Excel, etc.) to ChatGPT for analysis

STEP

Instruct ChatGPT to pick up economic indicators from the page link

Tell ChatGPT to pull the economic indicators from the page link.

From the page https://fx.minkabu.jp/indicators, list today’s economic indicators only

STEP

Check the picked indicators and add commands

Compare with the actual indicators from the image above (time, currency, values) and add instructions.

Having currencies makes it easier to view in Excel

Add the direction of the forecast. If there is no data for the results, use previous value; if better than previous, up arrow; if worse, down arrow.

STEP

Import the file into Google Sheets or Excel

Import the CSV file into Google Sheets.

Choose File → Import

Drag the CSV file into the import area

Choose “Add to current sheet”

STEP

Finish

Done.

Visually, give a blue background to the up direction and a red background to the down direction for easy understanding.