【FX】A salaryman aims for 100 million yen
I want to make a salaryman earn 1000 man yen with FX! Episode 2
Last time, if you want to win in trading, entry is essential
whether it’s stop loss or break elements, you should fuse them
to be more thorough,
and it would be even better if you could also see
how narrow the area suitable for chart entries is
for example, between the 1σ and -1σ of Bollinger Bands
in a very tight range, you wouldn’t try to force an entry, right?
The forex chart moves 24 hours a day,
but in places where resistance values are dense, of course
price movement slows down, and for various reasons
the actually tradable entry area is subtly narrow
You may even overlook it, but
around MA and trendlines, those are a kind of range
so if you blindly go for pullbacks around those areas
your results will inevitably vary
There are plenty of methods out there in the world, but
to make use of them, you need this kind of detailed chart
situational awareness, so I’d like everyone to
keep an eye on those aspects