Aim for 1400 pips!! I read through the entire Trading Rule Book 'Definition of Waves' ♪
Writer:Gou NakaiGogojan Co., Ltd., the company that operates fx-on
Always out and about somewhere across Japan to gather content useful for trading!!
Hello. I'm Nakai from fx-on.
It's been two years since I joined this company... Thank you all for using fx-on all the time m(__)m
So, without further ado, this time I read the trading book I was curious about: “Definition of Waves.” ‘Definition of Waves’ I read it right away!!
Downloaded
For now, the table of contents looks like this.
↓↓↓
・Table of Contents
Introduction...01
What is a Wave?...04
Wave Start and End....11
Wave Turning Recognition...16
Wave Continuation Recognition....22
Wave Criteria....25
Criterion ① - Small Wave....26
Criterion ② - Medium Wave....40
Criterion ③ - Large Wave....53
Conclusion...67 + Practice Problems
Hmm. I can’t quite grasp the overall picturew
Especially the table of contents….
So I went ahead and wrote it out!!
Details of the Table of Contents
【Prologue】Introduction: p.1〜p.3
【Chapter 1】Definition of Waves
《Section 1》What is a Wave?: p.4〜p.10
・What is a Wave
・Definition of a Single Wave
・Diagram of a Single Wave
・Meaning of the Definition
・Explanation of the blue portion of the wave definition
・Key points up to here
《Section 2》Wave Start and End: p.11〜p.15
・Start explanations
・End explanations
・Start examples
・End examples
・Key points up to here
《Section 3》Wave Turning Recognition: p.16〜p.20
・Continuation recognition explanation
・Apply different criteria to the same wave
・Differences in turning-recognition points
・Key points up to here
《Section 4》Wave Continuation Recognition: p.21〜p.24
・How to recognize wave continuation
・When Candlesticks are used as the wave criterion
・Up waves and down waves
・Key points up to here
《Section 5》Wave Criteria: p.25
【Chapter 2】Criteria for Each Wave (Small・Medium・Large)
《Section 1》Small Waves
〔Item 1〕Conditions for Small Waves: p.26
〔Item 2〕ーSmall Wave Turning Recognitionー: p.27〜p.36
・Small Wave Turning Recognition Criteria
・Annotate turning legs with arrows
・How to draw small-wave lines
・Cautions when drawing wave lines
〔Item 3〕ーSmall Wave Continuation Recognitionー: p.37〜p.39
・Criteria for small-wave continuation recognition
・How to tell turning legs from continuation legs
《Section 2》Waves in Section 2
〔Item 1〕Medium Waves: Conditions: p.40
〔Item 2〕ーMedium Wave Turning Recognitionー:p.41〜p.46
・Medium Wave Turning Recognition Criteria
・What is the Final Continuation Bar
・How to draw medium waves using a horizontal line
・Notes when looking at highs, lows, and turning legs
〔Item 3〕Medium Wave Continuation Recognitionー:p.47〜p.52
・Medium Wave Continuation Recognition Criteria
・Criteria and cautions using bearish/bullish candles
《Section 3》Large Waves
〔Item 1〕Large Wave Conditions: p.53
〔Item 2〕ーLarge Wave Turning Recognitionー:p.54〜p.65
・Large Wave Turning Recognition Criteria (part 1)
・Drawing Large Waves Using Medium Waves
・Notes
・Turning Recognition part 2
・Notes
〔Item 3〕ーLarge Wave Continuation Recognitionー:p.66
・Large Wave Turning Recognition Criteria
【End Chapter】Conclusion: p.67
【Appendix】
Practice Problems (Small Waves) x 5 + Answers
p.68〜p.72
Practice Problems (Medium Waves) x 5 + Answers
p.73〜p.77
Practice Problems (Large Waves) x 5 + Answers
p.78〜p.82
◆Summaries of all values
Chapters: 5
Sections: 8
Items: 9
・ :37
Pages: 85p
Number of images: 83p
※This is something I made up on my ownSo, what’s in it?
First, I summarized the overall content into a single image.
↓↓↓
It turned out quite neatly, which was reassuring.
But since you may still not have a clear image, I’ve attached a few actual pages.
↓↓↓
I think you can get a fairly good idea now.
I strongly recommend looking at the image I made, then reading the table of contents detail—“Chapter > Section > Item > •”—to grasp the overall picture before you begin reading. I made it after all, so please excuse me. (´;ω;`)※This is just my own creation.
And the core content?
From here on, my own impressions come in. FX history: 2 years…
This is a report that describes in detail “waves” evolved from Dow Theory by ‘F.’
There are many ways to interpret the waves at the core of FX technical analysis, but you can learn that the way ‘F’ views waves seems to have yielded as much as 1,400 pips!
Notes
・Prices and numbers are hardly used.
・Candlestick shapes, candlestick sequences, horizontal lines, and Zigzag are mainly used.
・Numbers hardly appear, so you basically rely on your right brain. This uses imagination.
・The content is built in a logical order, making it easy to read with no waste.
Advantages and Disadvantages
The following includes my personal opinions.
↓↓↓
Advantages
・Beginners←If you know Dow Theory and candlesticks, you can read it. For those who have read many books or blogs but still lack confidence in market view, this is especially recommended☆彡 Practice problems are also nice!
・Intermediate←Probably understandable in one day. “There’s a way of looking at the market like this.” or “It’s similar to my market theory.” etc., it’ll be useful for future reference.
・Advanced←In the future, when you create your own market theories or rules, the way it’s structured can be a reference (it’s better to have a detailed table of contents).
Disadvantages
・You won’t win easily. The methods are not written at all…
・The content is dense and the number of pages is large, so you need to read it several times to understand. Please use the image and table of contents I made!
・Who is ‘F’ anyway? What is the blog “Living on Expectation – FX’s Essence to Attack”?
So, here are details about the creator of the product.
↓↓↓
◆ What are “Living on Expectation ~ FX’s Essence to Attack” and “F”?
Source:http://fxblog-kitaichideikiru.jp/blog-entry-896.html
・Characters x3 + α
Hacchi← The blue one (I’ve met him. A cool man who became a full-time trader seeking freedom. Probably around the same age as me?)
Take-chan← The green one (I haven’t met him yet)
Genko← The red one (I met once; truly a woman — cute — my subjective view)
‘F’← Star of this piece
※Please check each person's profile on the blog m(__)m
No.1 in the blog ranking!!
◆『Popular Blog Ranking』(as of 2/13)
In the “Forex/FX > Trading Diary” category, ranked No. 1!!In the “Forex/FX” category, No. 3!

Sources:http://blog.with2.net/
Amazing, isn’t it~.
Trading videos are regularly included in the articles ☆彡
(Genko’s voice is also cute — purely my opinion)
↓↓↓
↓↓↓
What is “F”?
Pardon the quotes!
Below is a brief profile of “F”
・Mid-20s
・Approximately 3 years in the market
・Completely living off FX (FX full-time)
・Currency holdings: 400,000–500,000 units
・Past peak pip gain: 1400 pips
・Based in Brazil!
Source:http://fxblog-kitaichideikiru.jp/blog-entry-896.html
I see—so based in Brazil.
Brazil!?
fx-on Limited-Time Sale
And actually this time, fx-on will be offering a special sale exclusive to fx-on ((^^)/)
“Valentine’s Day Relentless Revenge Sale☆彡 ~Get Chocolate with Expected Value!~”That’s just what I’m saying on my own.
FX Wave Definition
https://fx-on.com/ebooks/detail/?id=10217
↑↑↑
Right now, for a limited time, there’s a discount of10,000 yenoff (important)!!
Sale Period:February 14, 2017 (Tue) – March 14, 2017 (Tue)
There’s actually a free version too♪
‘I Hate Giri-Choco Anyway! Free Sale for the Real Deal Chocolate Until March 14’※Not related to the product contentsFX Wave Definition — Sample Version
https://fx-on.com/ebooks/detail/?id=11181
↑↑↑
You can read about the first ~10 pages of the actual trading book, so if you’re interested, grab it here!!
Sale Period:February 14, 2017 (Tue) – March 14, 2017 (Tue)
◆Finally
It’s been a while since I wrote a product introduction article.
Lately I’ve been thinking that
even if a product has great appeal, that appeal often isn’t conveyed to traders.
To communicate that appeal to more traders, I’ve decided to write more articles in the future ☆彡
Writer:Gou NakaiEmployee of Gogojan Co., Ltd., which runs fx-on
Always out and about somewhere across the country to gather content useful for trading!!