[June 8 Update/AUDUSD] Fintokei3 successful candidates aim for it! A market bug that turns the public panic into profit: the "RSI anomalous value"? ✨
Hello, I’m oukanoakari (All Mighty) ✨
By the way, do you currently have such concerns?
“I can’t shake off the Posi-Posi disease and keep making pointless trades…” “I’ve tried many indicators, but I still can’t find the Holy Grail…” “The stop-loss is late, and I’m slowly eroding my funds with steady losses…”
I understand all too well. In fact, in the past I spent days on end glued to the charts in pursuit of a “perfect entry,” getting panicked and taking stop losses at the slightest retracement, only to be slapped back and forth… a hellish routine.
However, once I noticed an “absolute law of business” and applied it to chart analysis, my trading changed dramatically. As a result,I achieved stability enough to pass the Fintokei prop firm three times✨
Today, I’m sharing the behind-the-scenes of the method I use in practice to “pinpoint the market’s bugs (RSI anomalies)” and the mindset that dramatically shifts trading!
? 1. 90% of opportunities come from having the courage to “discard”
In business and marketing, a common saying is that “those who achieve results are good at deciding what not to do (discarding).”
What does this translate to in FX? The answer is “to skip most half-hearted price movements.”
Look at the AUD/USD chart I uploaded this time?
The price has broken below the green support line (~0.7087) and shown a strong decline.
At this point, many people will jump on a short position thinking “this will go lower!” or will place baseless pyramid longs hoping for a rebound and get hunted.
I rely on an overwhelming “patience” as my weapon. I don’t trade in half-hearted spots. The RSI in the sub-window clearly breaks the 35 line, and it heads toward extreme lows (around 15) as the price screams.I wait relentlessly until a market bug occurs.
? 2. The crowd’s panic is the “greatest opportunity”
There is a saying in investing: when the crowd panics and dumps, that’s the best time to buy.
At the right edge of the chart, where consecutive strong bearish candles appear and RSI is dropping rapidly, this is exactly the moment when “the crowd panics and can’t bear it, selling (dumping)” occurs?
When RSI shows an extreme value, there is a distortion in emotion beyond logic—a bug. I exploit this bug.
However, a weakness of mine is that I’m a perfectionist; if I try to pinpoint the exact bottom, my entries can be late. That’s why,I don’t aim to catch the bottom,
but to target the convergence of panic after an abnormal value appears (rebound).I rigorously follow this rule.
? 3. Trading should be a “boring repetition”
Just as successful businesspeople perform the same morning routine every day, a winning trader’s daily life is extremely “boring.” ☕️
“Wait for the RSI to reach an anomaly ➜ enter according to the rules ➜ mechanically take profit or cut losses”
That’s all there is to it. Many people seek “thrill” or “excitement” in FX. But that is not investing; it’s simply gambling. ❌
My mission is“to stop turning the market into a casino and to cultivate traders who face it honestly.”.
The market is sometimes irrational, but there are clear “biases (bugs).” By not being swayed by emotions and by calmly aiming only for these anomalies, I believe this is the honest strategy to survive the rough seas of the market ✨
? Finally: For those who truly want to face the market
How was it? If you could take away not only the “method” but also the underlying importance of “patience” and the perspective that goes against crowd psychology, I’d be happy.
“I want to know more about your market philosophy and daily practice!”
If that’s you, please also take a look at my note ✨ I share daily tips for trading honestly and not turning the market into a casino.
? https://www.gogojungle.co.jp/users/695993?via=mypage_header
Thank you for reading to the end! Please look forward to the next “Investment Navi+” installment as well ✨