[4.30] Major crash! Entry points for USD/JPY, EUR/JPY, and EUR/USD just before intervention, +10 pips

［4.30］Huge crash! Entry points +10 pips for USD/JPY, EUR/JPY, EUR/USD right before currency intervention

First of all, at this point, obviously, I didn’t expect government and BOJ currency intervention would occur later

The charts from the left are
EUR/JPY, USD/JPY, EUR/USD
In the middle chart, USD/JPY, I cut near the red line around the arrow on the right
I entered and it initially moved in my favor, but then retraced, so I tried to close at breakeven, but exited at a small loss


In the image above, long at the next arrow after the USD/JPY arrow
However, for about seven candles, it didn’t move and I cut it as it congested
There was also a EUR/USD short at the same time, but I passed on it

Afterwards, the USD/JPY showed a pattern of losing momentum and declining after stagnation
If I were to aim for the next long, it would be after another surge in momentum
In other words, the point where momentum starts to pick up is the key
Of course, it isn’t 100% predictable
※After a consolidation, it can also rise


And then...
There was government and BOJ currency intervention, and the market crashed...
But ultimately, how far will it retrace?
There are opinions that USD/JPY could reach 170 yen

The yen’s weakness isn’t from speculation
Eventually it may settle in on interest rates, and perhaps return to the status quo

※I’ve also written an article about intervention and its future impact, so if you’d like, please read it



According to my mentor and my method’s logic,
I target places where, after entering, it moves a bit, with a higher probability
It’s a logic that makes the target of “+10 pips per day” feel realistic

Even in not-so-clear trends, like ranges
If scalping, you can gradually take profits from a bit of “momentum”

★★Supplementary explanatory PDF clarifying the settlement method added (4/16)★★
What is the published “New Life FX Method”
Aim for 1 day +10 pips to reach 1 million yen per month (with 2–5 hours of trading per day)
Professional practitioner’s 1-minute FX method ★ explained with smartphone chart images

Two methods of a pro trader (mentor) combined for the best aspects,
・Added a logic that clarifies entry points!
・Added explanations clarifying the settlement methods

■Thoughts of overseas professional traders (legends Buffett and Soros)
A trading method not to “win” but to “make money”
Trade with the only expectation of “going long where the probability of rising is high”