It is now April.
I am feeling unwell.
Last week's USD/JPY as well
With the 503 methodAs you can see at a glance, if you had entered, the drop below would have reached 100 pips!has been achieved.
★ This week in USD/JPY, it looks like a long entry L could be made around the pullback near 159.070 (up to around 160.150).
If the price continues to drop, I think it would be wise to watch the 157 yen range.
If you just review the charts, you can quickly see that 100 pips was achieved using the 503 method!!
The 503 method is not limited to event-driven marketsand can target 100 pips even in normal times, so I think there is no need to force participation during events. If you enter at the usual entry point, the price may temporarily move beyond the target level and then return, so you may need to enter positions and set wider stop-loss ranges than usual.
⇧, I have also proven what I wrote earlier.
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Now then,
this week’s currency pairs from the perspective of the 503 method.(Arranged by relatively small-valued currency pairs.)
NZDJPY AUDJPY
CADJPY USDJPY
EURJPY CHFJPY
GBPJPY | △ ▲ 〇 〇 〇 〇 〇 | AUDCHF CADCHF
AUDUSD NZDUSD
AUDCAD AUDNZD | 〇 〇 〇 × 〇 △ | EURGBP
EURCHF
EURUSD
EURCAD
EURAUD
EURNZD | 〇 〇 × 〇 〇 〇 | GBPCHF GBPCAD
GBPAUD
GBPUSD
GBPNZD
USDCHF
USDCAD | 〇 〇 〇 〇 〇 〇 × |
Last week, if anything, AUDCHF seemed to head upward. I also thought GBPCHF would head up. However, it did not rise and started to swing down, and it seems I either did not enter or hit the stop-loss line without entering.
(This week too, when the places to watch head upward, I think they can be targeted similarly!!)
This week, it looks like a long L try for EURCHF is possible.
Looking at all currency pairs, it seems better not to determine direction on the short-term chart. If you enter on the 1H (one-hour) chart, it tends to move in the opposite direction.
If you look, it seems better to view from the 4H, or daily (D).
Actually, look at the chart and confirm, and prepare to enter.
Let's make appropriate judgments by watching the market chart.
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For those who are busy daily but want to achieve results in FX.
E-book『503 A Simple 3-Method for Busy People to Easily Gain 100 Pips』
Mainly,
It is a method that allows you to understand FX chart analysis simply by just looking at the chart.
Even upon retrospective review, you can grasp the trend at a glance just by looking at the chart, making verification easy and predictions easier.
Designed to intuitively grasp the trend flow, it can be used by beginners to advanced traders.
※ The above circle/triangle/cross marks are a quick reference table of currency pairs based on the "503 Method."
In the 503 method, first pick up pairs that look promising over the weekend, then select the currency pairs that can actually be entered. Then, aim to gain 100 pips during the week by constructing trades. This table was created as supplementary material for purchasers and is intended to be useful in daily practice.