2/20 Analysis and Results of the Prop Trader Training Community
Yesterday I conducted an analysis of the EURUSD.
The result was a no-trade from a time-management perspective.
However, the price movement is as per the scenario.
It is clear that the zone is working quite effectively.
This zone is the zone calculated originally by us.
That said, if it’s just a self-satisfied line, it is not reliable at all.
Using a method that professionals such as large players and institutions consciously watch, and deriving it with our own logic.
A zone that many people are watching.
Therefore, it fits perfectly.
This is the chart uploaded on the morning of 2/20.
I was looking for a buy, and the rationale is explained on the higher timeframes as well.
Imagine the price action of the arrows, and when it reaches the black zone, I tell you to check for a reversal signal and enter.
However, since there is time management, if the conditions do not apply, I skip it.
This is this morning’s result.
There were indicators and somewhat rough price action, but please pay attention to the subsequent movements.
You can see it bouncing when it reaches the zone.
Orange circle indicates entry is possible. Purple circle is NG, and I’ve explained the reason as well.
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Analysis is a skill of looking at the right side of the chart.
By being able to analyze, you can anticipate future movements, and your mindset becomes stable.
This is a common skill among full-time traders and profitable traders.
“Prop trader training course” available online
What matters is not “winning,” but not getting lost/uncertain.
https://www.gogojungle.co.jp/tools/indicators/72305
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