[For absolute beginners] My own forecast won’t come true!! Which direction is it now?

Hello!! This is Kase Tatsujin.

Today the theme is “My own predictions don’t come true.”

In FX trading, economic indicators from around the world are important.

The most important one is said to be the U.S. employment statisticsright?

However,even analysts and economists who make predictions as their profession miss them a lotin reality.

In such a situation,do you think your predictions will be correct?

If they’re right, you’ll make a lot of money; if they’re wrong, you’ll incur heavy losses…this would just be gamblingwouldn’t it?

By the way, Idon’t hold positions before important economic indicators are released.

Why is that?Because your“own predictions don’t come true.”

Rather than that,you should focus on acquiring a method that can reliably determine which direction the market is headed and where it is likely to move next with a high probability.

To predict that,I use a very simple method based on the lagging span and the position of candlesticks..

This is described in detail on my blog(http://50sai.xyz/　Dislocated Generation! FX from age 50）, where I explain chart setup in detail, so I’ll skip that here.

Well then, that’s all for today.

Kase

(I write in detail about investment results in my blog…http://50sai.xyz/　Dislocated Generation! FX from age 50）