7/1 USDJPY, BTC market FX Plus 369
Hello to all readers, good morning^^
I am Ai, the self-proclaimed number one disciple of 369 sensei♪
First, let's look at today's market♪
【BTCUSD】
EMA settings
Red → 20 EMA
Yellow → 75 EMA
Blue → 200 EMA
BTC remains in a weak trend.
On the daily chart, both 20 EMA and 75 EMA are still pointing downward, with no significant change in the downtrend.
RSI is in the low 30s, approaching the oversold territory, but it cannot yet be considered a full reversal signal.
On the H4, a short-term rebound is visible, but the area around the 20 EMA acts as resistance, making a pullback selling setup likely.
First, watch whether the 20 EMA can recover, or whether it will head back to new lows.
【USDJPY】
USDJPY continues in a very strong uptrend♪
On the daily chart, the 20 EMA maintains a clean uptrend, with new highs continuing.
RSI is above 70, indicating considerable overbought conditions, but the trend itself has not been broken.
On the H4, the ascent continues along the 20 EMA, and there is no clear pullback to buy on.
In a strong market, counter-trend bets like “it should drop soon” are dangerous.
It's important to avoid going against the trend and to wait for pullbacks with a patient mindset ^^
Now, to the main topic ♪
In FX,
“People who never lose” and “people who win big” are different.
If you only aim not to lose,
you can achieve this by making lots extremely small.
But with that, your funds won't grow much.
Conversely, if you try to grow by increasing the lot size,
you risk losing a lot of capital with a single loss.
In other words, the key is,
a balance that protects capital while allowing profit to grow when the situation calls for itthat’s the idea ^^
This balance is not something you can learn with a single technique.
It can only be realized through adjusting lot sizes according to market conditions and capital状況.
Therefore I
believe that not only the method but also lot control is equally important ♪
Rather than chasing win rate alone,
by adopting the perspective of “how to grow the equity curve”
trading changes dramatically (｀・ω・´)
For more details ↓