Is it okay to win this much?
I am a Candlestick FX trader.
Recently I received a question like this.
"Does Tenjo FX work in today’s market as well?"
That is the question.
This is a very deep question.
When someone asks such a question,
it shows that they understand that the market is constantly changing.
Many people ask about past testing results,
what the maximum drawdown was,
how many years of testing results there were,
and so on.
This isn’t necessarily a bad thing, but
every time I receive such questions,
I think,
"What’s the point of asking that?"
Since the market is always changing,
past backtests,
become meaningless as soon as the market changes.
Maximum drawdown would update itself,
win rate and profit in pips would change greatly.
Therefore, I practically do not rely on past testing results or backdata.
What matters is whether it still works in the current market,
and I prioritize the justification for that as the most important thing.
Since the market is always changing,
you would need something that continues to work in the future as well,
otherwise it will become unusable someday.
There may be methods to keep changing the logic or tools as the market changes, but
my view is that I want to use a method that can be used for a long time to come.
Being able to continue using the same logic is better,
so you don’t have to worry about things like whether this logic might not work in today’s market.
For that reason, I strive to use logic that can be used for a long time.
On that note,"Tenjo FX Logic"is,
a logic that uses human desires and fears,
and a trading method based on human instincts.
Therefore, I believe it will continue to work no matter how the market changes in the future.
And, if I were to share the answer for the person who asked this time,
the answer would be,
"It works in both the current market and in future market conditions."
Now, let’s actually see what the most recent trades look like.
Here is a trade done according to the rules of"Tenjo FX Logic".
In terms of market conditions, there wasn’t a strong trend,
it was a very ordinary market.
Among all that, there was only one stop-out,
but I quickly recovered, and after about three and a half hours of trading, totalabout 600 pipsof profit was made.
And this was achieved with
entry withonly 3 candlesticks,
exit withonly 2 candlesticks
It was a completely mechanical, non-discretionary trade.
So, beginners or anyone,
if you follow the rules, you will achieve similar profits.
Recently, gold has shown somewhat lower volatility than last year,
but even so, it is clear that profits can be secured steadily.
Because, whether it is gold or any other market,
as long as humans are trading,
Thus, several months since its release, it continues to generate profits.
And because it’s such a logic,
"Tenjo FX Logic" has drawn comments and reviews from those who have already obtained it.
With the title"Mechanically,"
as well.
As this person said,
"Of course there are losses too."
But, "there is a sense of security."Exactly as stated,"Tenjo FX Logic"is,
a logic that follows market participants,
in other words, a logic that leverages human instincts.
Therefore, even if the market changes in the future,
it remains usable in any market condition.
Some markets may perform poorly, naturally, but
in the long term, it is a reasonable logic
and overall can continue to pursue profits.
As this person said,
the tools used in this logic are only candlesticks.
So, the learning curve is probably about an hour,
making it very simple.
So, today I explained whether it works in the current market or not.
If you want to keep using a logic that will work long into the future,
please take a look here.