Is the Japanese economy growing and becoming a bubble?
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Good morning, everyone.
The Nikkei has recovered a bit after Monday’s decline and is dropping again.
It slightly dipped below Monday’s low, but in the Ochtore chart, if it falls further, the yellow zone will be the initial target,and the chart is dropping starting from the Ochtore 1-hour line.
Yesterday’s USD/JPY price range was roughly a little under 50 paisa.
Well, compared to the beginning of the year, it’s really modest.
There are various reasons, but chasing them won’t make FX trading any better, so form a habit of doing the same thing every time.
There might be some volatility tonight during the NY session due to US indicators, but it won’t be as extreme as before.
That said, trading opportunities are abundant, so don’t miss them.
USD/JPY MT4 daily and 1-hour charts
The daily chart seems to return to the high before intervention.
It’s about 20 pips more, so will it reach today?
I’d like to buy at the low points.
On the right, there are many red circles on the hourly chart, but GoToJyan users, please check on your own GoToJyan 1-hour chart where those circle prices are.
From past GoTooTreo lines you can derive those prices, and you can see them from the GoTooTreo chart.
Therefore, there will be many such situations in the future, so it’s better to have a stance to standby when that happens.
It’s an hourly chart, so there is room for movement.
After seeing this situation, if you look at the 1-minute GoTooTreo chart, you’ll generally see a shift from “sell” to “buy,” so the image is to take an L-position from there.
Those who are used to it can take an L-position the moment the 1-minute GoTooTreo chart turns to buy, and set the stop loss at the lower wick breach of the 1-hour chart.
Traders watching the GoTooTreo chart should also “train” their facing approach to the GoTooTreo chart itself.
That will allow you to validate your trades, and the trading method will ultimately be something you build yourself; it isn’t established by buy/sell signals.
Buy/sell signals are only triggered when all programmed indicators’ conditions align and the closing price is confirmed.
If you do such idle things, prices will keep moving, so it’s “late.”
Moreover, even if the current environment is a buying market, when the indicators converge and conditions align, they will emit a “sell” signal.
If you sell based on that, you’ll often get squeezed and take a loss.
Even when using such signal products, GoToo does know whether it’s a buy or sell, so you should position according to that signal.
That’s why I also publish products related to buy/sell signals.
Please take a look.
Now, in the Diet, they’re debating irrelevant stuff for the public and are pushing to dismiss Takashi, but really, are they idiots?
I feel like saying that.
Japan’s economy is moving toward inflation while shedding deflation as everyone expected.
Yet the people say
Inflation makes goods expensive, people can’t live.
Where does that responsibility lie?
Because inflation is what the people wanted.
It’s a strange story.
Personally, I think if the people spend money, the economy will spin.
Yes, it will spin.
If people save because wages are low and prices are high, and the government forces the economy to spin, distortions will occur and eventually a collapse will occur, I think?
Maybe, though the current reality is that there is no money to spend, and no money to save, but how did this nation become such citizens during this super-bubble period?
Perhaps, this is due to education from childhood that the nation has had up to now, including my own age.
I think so.
Don’t talk about money
Save money without spending
This kind of education has led to the current lack of interest in “investment” or “speculation.”
I think so.
No, no, there was a movie long ago called “Sergeant Major’s Lady,” where the investigator Tsukawa Masahiko, playing a very rich role against Yamazaki Norio, says
“So, how can someone like you become rich? Tell me what to do.”
To which Yamazaki replies
“Mr. XX, that’s simple: stop spending money.”
“If you go to weddings throwing money as the bride’s or the funeral’s condolence money, you won’t save money.”
That scene existed.
There are still many people who live like this, but readers of this article likely want to hit a big win in FX because they don’t have the initial capital.
I was like that around 2008.
As a result, I did quite well through speculation.
What I want to say is, if you want money to treat you well, you have to earn your own money.
If FX is the method, you should devote yourself to it.
FX is accessible to everyone, professional or amateur doesn't matter.
There’s such an egalitarian tool, so there’s no reason not to try.
Thank you for your continued support today as well.
Anyway, for traders who want to succeed in trading and make a living from it, I recommend my products. These are trading techniques that you can learn by yourself↓