This Week's Outlook
A post titled “Even taking a break is part of the market” was made the week before last, with a note included.
As March began, the USD/JPY pair experienced a pattern of declines and rapid surges.
With the breakout past 160 yen, this week’s market opens.
I had written that, as a scenario, there might be a scene on March 19 where the yen would weaken, but
due to the surrounding uncertainty and the overall downward trend, I posted that “even taking a break is part of the market.”
From the 503 method, as you can see at a glance, if you had entered, the downside below would have achieved 100 pips!
The surge above also achieves 100 pips and can be extended further where possible.
(Regarding how to extend from the method, it is a separate strategy designed with a plan to extend in advance.)
If you look back at the charts, you can immediately see that 100 pips were achieved with the 503 method!
The 503 method is not limited to event-driven marketsand can target 100 pips even in normal times; therefore, I think there is no need to force participation during events. If you enter at the original entry point, the price may once return after exceeding the target level, so you may need to keep a wider entry and stop-loss range than usual.
⇧, I have also proven what I wrote earlier.
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Well then,
This week’s currency pairs according to the 503 method.(Lower-valued currency pairs are listed first.)
NZDJPY AUDJPY CADJPY USDJPY EURJPY CHFJPY GBPJPY | 〇 〇 〇 × × × × | AUDCHF CADCHF AUDUSD NZDUSD AUDCAD AUDNZD | 〇 × × 〇 〇 ▲ | EURGBP EURCHF EURUSD EURCAD EURAUD EURNZD | × × × △ △ × | GBPCHF GBPCAD GBPAUD GBPUSD GBPNZD USDCHF USDCAD | 〇 × 〇 × 〇 × × |