【FX】Too many people neglecting the middle line problem【Range】
【note】I want to have a office worker earn 1000万円 with FX! Part 2
In FX ranges, the central MA (middle line) such as Bollinger bands and envelopes
is treated as if it doesn't exist by too many people
to a degree that is a problem
The way to read the charts is lacking, so you lose or miss entries
which is a waste, so I want you to improve it
Basically a range is built from three components: resistance, support,
and the middle line
If anything, even so-called range breaks are just moves with momentum
from the middle line,
and it would be too risky to ignore that and face the range
In mainstream books, they only introduce resistance and support,
and explain bouncing back and forth between them
which is not uncommon
but honestly you have never seen such a straightforward movement inside a range, right?
In fact, the movement tends to slow down at halfway points,
and anyone who has traded FX even a little would understand this
These factors involve the middle line
So if you tend to make mistakes near the range, please review it