[25.12.17] Entry point for USD/JPY based on method logic

［25.12.17］ Logic of the method: USD/JPY entry points

※ Not all trading points of a day, but points presented within a certain time window. Some indicators from the method are also erased.

USD/JPY,
after 10:20, rebounded at 154.50 and rose
reached 155 at 12:00
took a small dip, down about 10 pips, then rose again
touched 155, and this time broke through with little resistance

Now,
the long from 11:00 has been expanding smoothly, but
in terms of the trend, the logic feels a bit marginal
appearing as if momentum is waning, then rising
appearing as if momentum is waning again, then rising
and the entry point near the MA is not easily obtainable, so there’s no good entry point
If entering, it feels like a slight jump-in is needed
From experience, it’s not impossible, but there’s risk,
so choosing not to trade is also an option (that’s what I did)

From 15:00, four long entries, one of which closed for a loss
But that still achieved the target

After that, it hovered near 155.50
There was a long opportunity after 23:00, but since it was flat, I didn’t push it
However, in the end it did rise to a recent high, so if you had traded you could have profited
This is a common pattern in sideways markets; it’s a width you can scalp
But 155.50 was in the way, so there was nothing to do

What is the publicly available “New Life FX Method”