Look back at the origin of trading and consider giving it a restart
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New Millionaire Trader’s Scalping: Volume Plus
FX Trading Unconventional Pair Trading
and the product I am selling
Trading can end in either win or loss, which cannot be predicted.
Of course, technique matters, but the know-how for facing the charts is important as well.
Some may think that buying this product guarantees victory, but if such a product existed no one would struggle.
What I consider important is that if you cannot build such know-how yourself, you should purchase to try, and add your own essence to develop your trading method—such steady daily verification is important.
Even among users who bought my product, some say “good”
and some say “bad.”
That is natural, as trading times and mental states differ.
What is important here is recognizing the merit of such methods and approaches and thinking about how you will continue to apply them yourself.
Don’t just stop because it didn’t work; conduct as much verification as possible.
From customers who continue with it, results are favorable, and this approach reveals that in trading, technique alone is not all that matters.
Otherwise, people move to other products and begin a never-ending cycle of product purchases.
There is no magical method that no one knows about.
All so-called techniques exist in the world and anyone can learn them.
Even though that is the basic premise, people say they will “search” for it.
That is a waste of time.
My product is in a sense a “mainstream” approach.
It sounds good, but in other words, if you know this, trading will be viable.
If you know this fundamental premise, you can continue and achieve a certain level of results.
And it is easy to verify.
As the market always says
When it will happen, it will happen
When it won’t, it won’t
With this repeating pattern, no one can know for sure.
So, in the end, reducing losses and increasing positives is the path to profits.
You want big gains, but you might fail big as well.
This is common, but it is greatly affected by your capital, so
If you just do it normally, you can expect to be eliminated.
It’s important to plan for losses and what to do after losing, too.
With that in mind, face the market and, if needed, purchase products to learn a different way of thinking.
Or read my Investment Guide to learn others’ views and approaches.
I think you will get better results than approaching with no knowledge, and you can apply it further.
That is why I continue to write the Investment Guide.
With all the above understood, please view yesterday’s USD/JPY 1-hour and 1-minute charts.
The left 1-hour chart shows a peak with red circles, after which it becomes choppy and forms a range along the red and blue lines.
Looking at yesterday alone, during the downtrend with a white-slanted line, the 21:30 U.S. data caused a drop, and the white-slanted line suggests the trend continued.
Today, the question is whether this flow will continue.
The right 1-minute chart fell on U.S. data, then retraced and rose gradually.
After touching a low with the blue circle, you could set up
FX Trading Unconventional Pair Trading
to initiate the trade.
The subsequent rise in the red-slanted section
New Millionaire Trader’s Scalping: Volume Plus
allows you to monitor the chart to determine where to place stop losses, where to enter, and where to take profits and hold.
At least without this level of strategy you cannot take a position.
As I’ve written many times in this article, trading while the market moves is difficult, so focus on monitoring the chart after movement.
There is volatility, so there is volatility.
However, whether it goes well or not, you can feel that it moves around near that area.
If it isn’t going well, reduce the stop loss drastically, or move the stop when profits rise, and hold until China starts.
Or, when the manual’s guidance contradicts the action, cut losses first and consider the next position; such flexibility is necessary as an application.
In any case, this is a time zone where volatility is easy to come by, so I made the method easy to master and applicable, which is why it’s a product.
That rationale is also in the product description as a “source” for trading.
People who can discover that source themselves may not need this, but if you can’t discover it, it’s fine to know it and spend time testing and applying it in your own way.
Without such quiet, steady effort, it is difficult to continue making profits in the market.
For those aiming for a big immediate home run, I think FX Trading Unconventional Pair Trading is good.
FX Trading Unconventional Pair Trading
is good.
It can also be applied to gold and other products.