[Sonic Scalper] Pound-Yen +30 pips! Trade that fits your own personality!
Good morning!
This is Viga, the Sonic Scalper ^^
Yesterday
I traded USD/JPY three times in one currency pair
and earned a total of +30 pips.
My daily goal is
to reach +20 pips, but
the day before yesterday I was at +15 pips and
didn’t reach the target.
So yesterday,
I wanted to take +25 pips or more if possible!
That goal was also achieved＾＾
First, let’s review the trades.
■ Entry NO.1
＋5 pips
・USD/JPY 5-minute chart
・MT time: 12:04/5:45
・Short
A simple counter-trend using a flag (channel line)
and Fibonacci retracement
to spot a quick reversal.
From a macro view, the price was at the lower end of a horizontal range
so I thought “don’t chase too much” and took it quickly!
Moreover, since it was the first trade that could decide the day's fate,
I aimed for a safe, high-probability setup.
I actually wanted to extend to around +10 pips,
but anyway I prioritized a pleasant, quick take-profit and exited＾＾
■ Entry NO.2
＋18 pips
・USD/JPY 1-minute chart
・MT time: 12:04/10:09
・Long
There was a rapid surge; price action was fast
so I couldn’t take a screenshot＾＾;
So I used a past chart on my PC.
On the 1-hour view, it formed a bottom around
around 140.938 and couldn’t break through, so the buyers won this.
In such a delicate moment
『Follow the direction of the buyers and sellers』is perfectly fine, right?＾＾
I did not do anything particularly difficult.
Moreover,
the arrow I created completely by myself lights up nicely at good spots!!
This arrow is tailored for trend-following
and it embodiesthe logic to exit quickly with momentum.
I plan to keep using it.
For now, the fact that this arrow lit up is one of the reasons for a long-bias setup, so it was a long-only point.
■ Entry NO.3
＋7 pips
・USD/JPY 5-minute chart
・MT time: 12:04/10:35
・Long
I quite like this setup because
the win rate is high and it targets a good range.
After the big surge in the second trade,
the first pause forms a horizontal range.
With this horizontal range in mind,
I’ll buy from the lower edge of the range.
A concrete entry can be made using BB (Bollinger Bands),
or wait for a touch to enter after the lower edge is established.
Anyway, the key point is
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
Targeting the first horizontal range after a strong move with no break,
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
that’s it.
This can win.
Take profit can be at the range top or wait for a breakout.
Stop loss is a break of the lower edge's real body, or
roughly ±5–10 pips from the lower edge.
Feel free to adjust this as you like＾＾
Like this,‘Total +30 pips’!!
If I can trade in a style that fits my personality and consistently gain 10–20 pips daily,
then compounding can take care of everything＾＾
Anyway, my stance is not to put load or stress on myself.
Excessive load and stress affect not only trading but also daily life.
I’ll keep pushing today as well＾＾
▶︎https://twitter.com/viga_FXtrader
■ Results of 30-second binary
More than 50 performance images published!
▶︎https://ameblo.jp/viga-trader/entry-12552894728.html
■ Profile is here＾＾
