6/11 USDJPY, BTC market FX Plus 369
Hello to all readers, good morning ^^
I am Ai, the self-proclaimed number one junior disciple of Professor 369♪
First, let's take a look at today's BTC and USDJPY markets♪
【BTCUSD】
EMA settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
BTCUSD is continuing a rebound after a decline.
On the daily chart, after a significant drop, the rebound continues, but the 20 EMA remains strongly downward, indicating the downtrend persists.
On the H4, it’s hovering near the 20 EMA, and in the short term selling pressure has somewhat eased.
RSI is recovering, but it doesn’t seem like a strong bullish turn yet.
For now, we want to focus on how far the rebound will last ^^
【USDJPY】
EMA settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
USDJPY continues to be very strong ♪
On the daily chart, it trades above all three EMAs (20, 75, 200), maintaining a clean uptrend.
On the H4, it’s updating highs while supported by the 20 EMA, keeping a buy-favorable momentum.
RSI is somewhat high, but at the moment the trend strength stands out more than overheating signals ^^
Looking at BTC and USDJPY side by side,
the market shows
an \"upward-trend market\"
and
a \"headwind market\"
that are clearly visible.
USDJPY has a tailwind.
BTC still faces a headwind.
That’s the impression ^^
What’s important here is to
not push too hard when facing headwinds.
Many people
want to press the accelerator when they want to increase profits.
But in reality,
the more capital someone has grown, the more they adjust their effort according to the environment♪
With a tailwind, it’s easier to move forward.
With a headwind, don’t overexert yourself.
It’s almost obvious, but
in trading, it’s surprisingly difficult(・∀・；)
For me personally,
after many years of watching the market, I feel that
the factor that determines the capital curve is
“win rate”
alone does not decide it.
What kind of edge do you have?
And,
growing capital with lot sizing technique.
I believe this philosophy is far more important ^^
In fact, in the past I conducted an experiment with completely random trades decided by coin toss.
Of course, this is not recommended in actual lectures, and
using a method with an edge yields much better efficiency♪
However, in that experiment, despite unfavorable conditions, capital gradually increased.
That’s why I strongly feel the importance of lot sizing technique ^^
Building an edge with method construction.
Growing capital with lot sizing technique.
Only when these two wheels are in place,
it leads to long-term stable asset formation (｀・ω・´)
Lot sizing technique.
Not only to protect,
but also to grow capital as a skill ♪
Details here ↓