Please do not do strange things.
I am a Candlestick FX trader.
Lately, perhaps due to the situation in Iran,
after a temporary consolidation,
it often turns into a strong trend quickly afterward.
Whether it’s Trump’s statements,
Iran-related news,
or any kind of news,
it is extremely difficult to predict in advance when news will come out
and which direction the price will move.
Therefore, I do not try to predict in advance,
but rather focus on following the market participants,
and then trade mechanically according to the logic.
And recently there was a market that was just right for illustrating that.
This is「Tento FX Logic」the results of trading according to the rules.
There was a period where the range continued temporarily,
but it suddenly fell sharply.
Whether it is a range or a trending market
is something I do not define explicitly,
and I don’t think it’s necessary,
but in roughly, a market that looked like a range
changed into a plunging market.
Usually, a logic that aims for large profits tends to lose in ranges.
And when a trend occurs, it recovers,
and most systems make a profit overall, but
「Tento FX Logic」has no concept of ranges or trends,
or rather, there is no need for them,
and focuses solely on following market participants.
It’s a logic focused only on that.
Therefore, even in a range,
we take positions just like the market,
so ultimately we can profit even in a range.
And as you can see in the charts above,
we make profits in ranges,
and even in larger trends,
we clearly earn profits.
This is「Tento FX Logic」according to the rules,
a logic that anyone can achieve similar profits with.
No special skills, discretion, or knowledge
are required at all; it is a completely rules-based logic.
Therefore, even beginners can achieve similar profits.
Many people ask, “Should I avoid ranges?”
“What kind of filters should I apply to avoid ranges?”
etc.,
but in the first place, there is no need to determine whether the current market is in a range or not,
whether it is a range or a trend,
or any other market condition,
just focus on following the market participants.
Because I do it this way,
I can profit in both ranges and trends.
On the contrary, if you apply filters or define ranges in a strange way
and refrain from trading,
you will miss the plunge in this case.
The chart above shows that
in the selling-entry moment that captures the plunge,
probably by any decision method,
it would still be defined as within a range.
If so, you cannot capture that plunge.
Whether it is a range or not,
or adding filters to avoid trading in a range,
many people tend to do this, but
for a logic that follows market participants,
these judgments and filters are useless.
In short, whether it is a range or a trend
it is a profitable logic,
so you do not need to apply filters unnecessarily.
If you do something strange, you will end up not having profits.
Therefore,「Tento FX Logic」is simply to trade mechanically according to the rules.
And because of this kind of logic,
「Tento FX Logic」
This person wrote
with the title “Mechanically”as a comment.
Indeed,「Tento FX Logic」is something that trades mechanically and calmly.
And additionally, I received another review like this.
As this person says,
in this logic, we only use candlesticks.
Therefore, the acquisition itself can probably be done in about an hour,
a very simple thing.
In this way, the more straightforwardly you approach this logic,
the more profits you are able to make.
Various indicators and lines,
theories, and so on, with all kinds of analyses,
for those who got lost trying to figure out what to do to win,
read this article again and again,
rethink how the market moves in general,
and consider what should be emphasized,
and you may see the market in a different way.
And when the view of the market changes,
it is common for performance to improve drastically.
So, this time,
in ranges and trends,
what kind of profits can be expected,
and also that there is no need to define ranges or apply filters,
has been explained.
Have a good weekend.
If you want to aim for profits in both trends and ranges,
please take a look here.
