Mr. blacksun This hasn’t changed since around 2010, but when I wake up in the morning, I use RCI to look from higher timeframes down to lower timeframes.
If I don’t have time in the morning, I do the same analysis at night. Using RCI, from higher to lower timeframes,it’s like solving a puzzle,
or like solving an equation,I can break it down, and I like trades where I wait for easy-to-enter signals and then get in.
I analyze from the 4-hour to the 1-hour chart, and if there aren’t good signals, I analyze from the 1-hour to the 5-minute chart to find good points.
I try to trade byanalyzing with the same method while changing timeframes.
[The fork in the road: EA or discretionary trading]
Mr.Double-E of the Reiwa era When people first start trading, I think most do discretionary tradingon a demo account before
they starttrading with real money. After that,those who want to use their time more effectively, or those who
feel it’s mentally toughto hold positionsin discretionary trading tend to move toward automation (EAs).
However, EAs trade doggedly based on their programming, so people who want to control trades themselves
will continue with discretionary trading.
Hayakawa The other day, someone who runs a company and manages relatively large funds as part of their business told me that
in FX, which they do in addition to stocks, although they run EAs, they stop them during FOMC and key economic indicators, so they only
operate them for half the month. And,in between, they trade discretionarily,they said,
whichwas the same investment style that Mr. Double-E of the Reiwa era mentioned.
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