6/15 USDJPY, BTC market FX Plus 369
Dear readers, good morning^^
I am Ai, the self-proclaimed number one junior apprentice of 369-sensei ♪
First, let's look at today's BTC market♪
EMA settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
BTCUSD continues its rebound phase after a sharp drop ♪
On the daily chart, it is rebounding from around 60,000 dollars and gradually trying to move higher.
However, the 20 EMA is still downward, the distance to the 75 EMA is large, and the downtrend has not ended yet.
Overall, I view the big trend as a rebound phase^^
On the H4 chart, it is trading above the 20 EMA, so short-term buying is favored.
RSI is recovering, and the market, which had been in a constant decline, is showing a bit more of a positive mood ♪
Next, USDJPY^^
USDJPY continues to stay in a high-price range.
On the daily chart, both the 20 EMA and the 75 EMA are rising, continuing the uptrend ♪
On the other hand, the H4 chart shows a temporary correction, making the short-term trend somewhat less clear.
Still, around the 20 EMA, buying tends to come in, and at present it does not look like a major breakdown is imminent ^^
BTC rebounding.
USDJPY stabilizing in the high-price zone.
Market environments differ, but there is something common to both.
That is,
even using the same method,
the results can vary greatly from person to person
.
In reality,
even when entering and exiting at the same points,
some people accumulate profits,
while others struggle to grow their funds.
The difference lies in,
not just entry technique.
I have watched the market for many years, and
the difference in capital growth
appears to be largely created by how one relates to capital itself^^
Lot management technique
is a skill aimed at growing capital ♪
Creating a good method is important as well.
But,
how you utilize that method is just as important ^^
Therefore, I believe
learning both method-building and lot-management as a set is essential (`・ω・´)
To accumulate profits in the market for a long time and
foster capital,
this way of thinking is indispensable ♪
Details here ↓
https://www.gogojungle.co.jp/finance/navi/articles/113407