[6.23] USD/JPY, EUR/USD entry points, USD/JPY at warning level is dangerous
[6.23] USD/JPY and EUR/USD entry points; USD/JPY at warning level is Dangerous
USD/JPY and EUR/USD
It would be nicer if it moved a bit more
Still quite choppy
USD/JPY is at a alert for intervention or a stop-hunt using that, so going long should be done cautiously
Since USD/JPY is moving at a caution level, monitor charts while targeting EUR/USD and AUD/USD
Orange circle
Long aiming for up to 161.50 yen, but not extending, cut at a small loss
Red circle
Long but timing around 161.50 yen is hard
Yellow circle
Short aiming for up to 161.50 yen
Blue circle
Exit with a small loss after breaking above the MA
White square
Range to be avoided by logic
Pink circle
Where to time entries?
Enter as close to the MA as possible
Green circle
Looks like a opportunity, but as a method there is no entry
The method I am currently practicing is here
[Steady +10 pips per day]
Learned from a pro trader; a 1-minute FX method that helped me escape the losing group (about 2–5 hours per day)
Explained with smartphone chart images
Clear logic for [Entry Points] [Exit Points]
■ Thought processes of overseas pro traders (legendary investors Buffett and Soros)
Trades not to "win," but to "earn"
Trade based on the expectation that opportunities to go long appear with higher probability, focusing on expected value rather than win rate
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https://www.gogojungle.co.jp/tools/ebooks/76385
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