[Procedure to Draw Only Two Walls] Check the stopping points at the top and bottom before ordering

Are you not getting confused yourself about which line you entered when you draw too many lines on the chart? To avoid missing something when you reduce lines, what should you do?

The more you extend, the closer it seems some line is.

And you can always find a reason to enter at any price.

Good evening!

This is Masashi^^

This time, I’ll talk about limiting the number of walls you write before placing orders to two.

One stop location just above the current price, and one stop location just below.

Rather than increasing the number of lines, being able to describe the two lines above and below with words reduces hesitation.

? In a screen with ten lines, I used a different line as the reason every time

I used to add lines every time I opened a chart.

.Draw lines at a high, at a low, and at places where it paused a little.

Before I knew it, the screen was full of lines, and I could always find a reason to enter.

When I wanted to buy, I used the lower line as the reason; when I wanted to sell, the upper line as the reason.

When I reviewed the records on the weekend, the lines I used as reasons varied each week.

With this, I couldn’t tell which line actually helped (;'∀')

? The more lines there are, the more I could later choose a reason to enter.

? Why does judgment become unstable when there are many lines?

Because it seems like every price has a nearby line.

If there are ten lines, the current price is near one of them.

Then the reason “because it’s near a line, I’ll enter” becomes usable at any time.

If a reason is always usable, there’s no longer a reason to wait.

Having too many books on a shelf is a bit like not being able to find the right one because there are too many.

If you narrow it to two, you can say in advance which line you will use for today’s decision before placing the order.

Reducing lines is not to increase misses.

It’s to decide in advance which line to use for today’s decision.

✅ How to use two walls

What you do is write two lines in your memo before opening the order screen.

・The stop location just above the current price

・The stop location just below the current price

The wording is enough as: [Top wall: the high band that was stopped several times] [Bottom wall: the low band that previously rebounded]

You don’t need to write exact price numbers detail.

Once the two lines are written, see which side of the current price you are near.

If you’re about to buy just below the top wall, that order is moving toward the wall.

Only after you can write two walls can you understand where the current price sits.

? Points to look at after writing the two walls

The point to look at is how wide the space is between the two walls.

Some days are spacious, and other days seem like either direction could be stopped soon.

How to define “narrow” is something you decide while reviewing your records.

On days that feel constrained, I often choose not to enter as a result of having written the walls.

In the record, I leave a line: [Between walls is narrow / Today I’m skipping]

The way to enter is examined after writing the two walls.

How to check further varies by person, so this article ends at the two-wall writing step.

⚠ When you feel like drawing a third wall

I’ll break the above story a bit here.

There are days when two walls aren’t enough, honestly.

On days when you see another potential stopping place between the walls.

On such days, instead of drawing a third line, you write that place as [an intermediate step] and separate it.

The step is not used as a reason to enter; keep it on a different line in your memo.

If you don’t mix the entry reason with other lines on the same line, your records become easier to read!

? Frequently asked: How far back should you go to search for walls?

This is a common question.

The more you go back, the more lines you’ll have, so I stop when I find two lines near the current price.

Distant lines hardly affect today’s decision.

If you keep searching, you’ll end up with a screen full of lines again.

Another question: what do you do on days when you can’t find a wall?

If there’s no nearby stop found, I don’t enter in the first place.

In the record, I write [No top wall found / No place to indicate / Skip]

Entering without a place to indicate will also prevent you from placing a stop loss.

When such days continue, the market is moving away from your familiar zones, so it’s easier not to force yourself to fit in.

? What GOLD special medicine can organize, and what remains with you

The GOLD special medicine outlines, in my order, how to view the current place with GOLD and how long to wait.

I think it provides a foundation for deciding where to write the two walls.

However, the material won’t write the correct two lines on the chart for you.

Drawing walls back and forth, or choosing to skip on a tight day, is still you in front of the screen.

If you are looking for a ready-to-use buy/sell signal, this isn’t for you.

If you want to build your own way of confirming entries in your own words, it should suit you.

? Summary: Before placing orders, write only two walls up and down

If you draw too many lines, you’ll always find a reason to enter.

Before placing an order, try writing one stop location above the current price and one below.

If you can’t write two lines or if the space looks cramped, it’s okay not to enter.

If you want to draw a third wall, separate it as an intermediate step, not as the entry reason.

Whether you refine these two lines yourself or organize your approach with GOLD special medicine, choose the method that fits you.

Next time you open the chart, start by writing two lines in a memo before adding lines^^

?See details of GOLD special medicine

Thank you always for reading,^^