6/29 USDJPY, BTC market FX Plus 369
To all readers, good morning^^
I am Ai, the self-proclaimed No.1 disciple of 369-sensei ♪
First, let's look at today's market ♪
【BTCUSD】
EMA settings
Red → 20EMA
Yellow → 75EMA
Blue → 200EMA
BTC is still in a weak trend.
On the daily chart, both 20EMA and 75EMA point downward, indicating the downtrend continues.
RSI is in the lower 30s, showing selling pressure is still dominant.
On the H4 chart, there is a short-term rebound, but the price remains capped around the 20EMA.
At present, it’s more natural to view this as a pullback within a downtrend rather than a full trend reversal ^^
【USDJPY】
USDJPY continues to trade around high levels♪
On the daily chart, 20EMA is firmly rising, and the uptrend remains intact.
RSI has risen to around 70, indicating market strength.
On the H4 chart, there is a narrow range at high levels, but no signs of a sharp break downward.
It looks like energy for more upside is being built, so we should also watch the move after any pullback ^^
Now, to the main topic ♪
“I want to extend my profits”
This is something everyone thinks.
But,
there is a common point among people who fail when trying to extend profits.
Every time profits accrue,
they think,
“Perhaps it will reverse soon…”
and become anxious,
and they take profits earlier than planned (・∀・；)
Conversely, when losses occur,
they think,
“It might come back a bit more”
and end up holding longer.Therefore I believe that,
This keeps reducing the expected value more and more.not only leverage control but
treating profits and losses under the same standardis also important ^^
Profits are earned by following the rules,
losses are accepted by the rules.
This accumulation
ultimately grows your capital ♪
The market is not a one-shot battle.
It’s a game of stacking profits across dozens or hundreds of trades (｀・ω・´)
Once you have that perspective,
trading becomes much easier ^^
Details here ↓