【1 Day +10 pips Method】 Take quick profits when it stretches, once you enter you’re likely to see easy unrealized gains? How do overseas pros make money?
[1 Day +10 pips Method] Take profit quickly when it stretches, and after entering, profits tend to appear? How do overseas pros make money?
Note: The chart image has some indicators removed from the method
Note: Thankful results reports are increasing. Some real voices are posted below (at the bottom of the article)
Added a logic that clearly marks entry points by mixing two methods directly taught by a pro trader (master)
From 4/16, added a logic that clearly defines the exit method (new supplementary PDF included)
■ Concept inspired by quotes from overseas pro traders
“Targeting 20 pips or 30 pips in a day is very difficult; it is the realm of geniuses.
If you can consistently take even small pips, you can earn money incredibly well.”
This is a logic to consistently take +10 pips a day in small steps
■ Reaching a monthly target of 1,000,000 yen isn’t rare
Is it possible for anyone to become a billionaire trader? Probably not, but what about around 1,000,000 yen per month?
In the business world, there are many who earn 1,000,000 yen per month,
and with FX, the hurdle is much lower than earning in business
■ We have clarified as much as possible both entry and exit
★★ Entry ★★
A logic that aims for a little upward movement after entry
Capture the ‘momentum,’ enter at a point where 1–2 pips show activity and profits are likely to appear
★★ Exit ★★
• Take profit if it stretches
• If doubtful, exit with a small loss or small profit
• Cut at a predefined maximum loss level (max -6 pips)
We receive questions about the method and provide support, and
among the messages, a common concern is,
“Can the discretionary part of the exit method be handled well? I’m anxious.”
To alleviate this even a little
we created a supplementary explanatory PDF that clarifies the exit method and added it to the method
Currently available methods
https://www.gogojungle.co.jp/tools/ebooks/76385
Here, we are starting to sell with the new “Supplementary Explanation PDF for Exit Method” included
The price remains the same.
For those who have already purchased, if you would like it, please contact us and
we will send the “Supplementary Explanation PDF for Exit Method” to you,
sorry for the trouble, but we would be grateful if you could drop us a line
There are users who are already using it without any issues and achieving results, so for those people, this may be unnecessary; we will offer it to those who request it
In the method’s logic, exit is basically discretionary, so it may seem difficult at first, but
it works like this
Here is the mechanism
■ Common questions
“If it’s moving or looks suspicious, I exit now”
What does that mean? Isn’t it vague?
If you look at this part of the chart
you’ll see that the exit logic isn’t as complicated as it seems
This logic’s
“Take the entry point a little before it seems to stretch”
seems to be quite effective, I think
If you enter, it would be best if you could consistently reach a profit-taking level,
but that’s not possible
However, if you enter and it tends to move a bit,
you can derive that and use it
If you can derive that, trading becomes quite easier
Not aiming for explosive gains,
Setting a target of “+10 pips per day” is also considered with these conditions
It is presented as a realistic figure
There are questions like what is the win rate, but
more important is,
What is the most likely outcome after you enter?
If you look at these charts,
you’ll see there are moments of small losses or small gains,
yet you’ll also notice there aren’t many places where a big loss occurs
Trading on multiple pairs is also possible
On a 1-minute chart, similar movements (correlation or inverse correlation) can occur,
even if you can only trade for a short time, it increases your opportunities,
and even with the same logic, since the points shift slightly, once you’re used to the method, trading across multiple entries is possible
Frequently asked questions
“It’s hard to decide on profit-taking and stop-loss mentally”
“Is profit-taking and stop-loss decided without discretion?”
Answer to this question
If you look at the charts, you’ll see that the logic is designed not to induce frequent reversals,
If you conduct backwards testing,
you’ll be able to imagine the chart patterns after entering with the method’s logic
■ In fact, once you get used to it, discretionary exits can be easier
When you first start using the method, you may have more “chicken exits,”
but as you test the method and trust the logic
you’ll be able to have a positive overall result, which gives you confidence in the method
Then, in practice, with the +10 pips plan in mind, discretionary exits will feel easier and naturally become possible
■ “Can I do discretionary exits well?”
It’s understandable to worry about discretionary exits
But once you’re used to the method, it isn’t that difficult, and mentally trading becomes easier
Part of real voices
【What is contained in the added supplementary explanation for exit methods?】
As I answered many messages and questions individually,
I thought I should create a clearer explanation for exit methods,
Rather than providing individual support, I decided to reorganize it as a supplementary explanation using chart images to show multiple patterns, to help users understand more easily,
As I wrote bit by bit, I surprisingly progressed well, and was able to create something better than I expected
The explanation is laid out as follows
• How to judge the state of the indicator
• How to judge using the +10 pips trade plan (judging by pips earned at that time)
• How to judge using the state of the indicator
This uses chart images for explanation
When this explanation was completed, it became quite confident and strong
I thought it would be difficult to explain, but once I started, it turned out to be better than I expected
• How to judge using the +10 pips trade plan (judging by pips earned at that time)
It may change depending on the amount earned at the time of trading
For example,
In the first trade, if the trend hasn’t clearly emerged yet, take profit with 1–6 pips from one bar
If you’ve already earned +7 pips at that point, the next can take profit at 3 pips
If you’ve already earned 12 pips, you may even hold out and allow up to -2 pips, and if it extends further, raise the stop loss (trail) and hold a bit longer
This is the kind of explanation added
What is the publicly available “New Life FX Method”
Aim for 1,000,000 yen per month with +10 pips per day (trading 2–5 hours per day)
Pro traders practicing this one-minute FX method★ Explained with smartphone chart images
Two methods of the pro trader/master are combined well,
Added a logic that clearly marks the entry point! This is a few-minute scalping trade
■ Overseas pro traders’ thinking (legendary investors Buffett and Soros)
Trading not to “win” but to “earn”
Trade with only the expectation of long at high-probability areas
#DollarYen #EuroDollar #FXMethod #FXBeginner #FX #HowToWinFX #RealTrade #Scalping #Indicator #ProTrader #FXTrade #DayTrading #DayTrader #WantToBeTrader
#Investment #SelfInvestment #InvestmentLifestyle #WantToBeInvestor #Freelance #WantToBecomeFreelance #FreedomInWork #DesireFreedom #SecondCareer #StockActivity #JobHunting #RemoteWork
#WealthFormation #Fundraising #AssetManagement #IndependenceStartup #SoleProprietor #WantToBeSoleOwner #Entrepreneurship #WantToEarn #HowToEarn #Startup #LeaveCorporateLife #SideBusiness #WantSideBusiness #HousewifeSideBusiness #EntrepreneurWomen #MomEntrepreneur