I’ve had enough!
I am a candlestick FX trader.
Recently, gold lacks directional moves,
making trading a bit difficult.
Viewed on the daily chart, the recent market has,
compared to before, lower volatility and tightening ranges,
and for logic that aims to take large profits with trend-following methods,
the market is becoming challenging.
Of course, it may depend on your own logic as well,
but in the recent gold market, how is your trading coming along?
Regarding the “Tenchi FX Logic”, we often receive questions like
“During a range, is it still difficult?”
and we get messages like that quite a lot.
In terms of gained pips,
of course, having more volatility makes it physically easier to gain larger profits.
However, if volatility is low,
you can increase the lot size accordingly,
so in terms of achievable profits, I think there isn’t much change.
This area is explained in detail in the manual’s capital management chapter.
Now, when the market is in a true range,
we will see what kind of trades the “Tenchi FX Logic”will produce.
Also, I do not define ranges or trends each time
and trade accordingly.
Furthermore, the definitions of range and trend vary by person,
and moreover, my logic is fundamentally
to trade in alignment with market participants,
so there is no need to label it as trend or range.
Therefore, this is presented purely from my subjective view of the market lacking a clear direction.
This is one-minute gold chart.
It is very difficult to trade right now.
This isthe Tenchi FX Logictrading according to the rules.
If you look at the same time frame and chart,
everyone would have a similar result.
The Tenchi FX Logicis described as a system that aims for large profits,
so it is often perceived as favorable to trends or as a trend-following method.
The Tenchi FX Logicis not a trend-following method,
nor does it belong to any other specific category.
It is based solely on supply and demand,
holding positions in the same direction as market participants,
and when exiting, we exit together when other participants exit.
Therefore, whether it is a trend or a range,
or in any market condition, the approach remains the same.
Thus, there is no need to define it as a trend or a range when trading.
And on the chart above,
the market clearly looks difficult to trade,
but by aligning positions with the market regardless,
I have managed to stay in profit.
In recent gold markets,
there hasn’t been the large price swings seen last year,
nor has there been a strong, persistent trend,
so for some,
they might be saying,
“I’ve had enough!”
and lamenting.
However, by trading in alignment with supply and demand,
profits can be maintained in any market environment.
“Tenchi FX Logic”.
And from those who have already used it, we have received reviews like
this.
“Mechanically”as the title.
Indeed,the Tenchi FX Logicis a tool that trades mechanically and calmly.
And further, we have also received reviews like this.
As this person said,
the trades in this logic use only candlesticks.
Therefore, learning it probably takes about an hour,
making it extremely simple.
Because you can trade only with candlesticks without discretion,
it becomes a low-stress trading method.
So, in the current market,
if you have not been able to profit reliably,
try trading by following supply and demand.
As a result, in the current market as well,
you may be able to aim for profits without struggle.
If you want to trade using candlesticks alone, with a dispassionate system,
please take a look here.