Winner this week’s recap and future version updates
Thank you for your hard work this week as well.
This is Nobushi.
Since it's the weekend, let's look back at this week's USD/JPY with the Winner signal!
Currently I am also testing Euro/Yen with the Winner signal, but
it's been performing well.
If things continue like thiswe may unlock long trades in EUR/JPY as wellsoon.
There are already users who are trading Winner in EUR/JPY and GBP... but
I think it’s not bad to verify and try it on your own.
Now, first, the weekly profit and loss for Winner trades.
There was one stop-loss in USD/JPY, but
it wasn’t too bad, was it?
This week I felt helped by EUR/JPY on the contrary,
with three out of four profit realizations in USD/JPY,
the sense of stability is maintaining.
Now, let’s actually review the charts
and confirm where the Winner sign appeared!
First, at the start of the week
Out of the bluea big drop after Wave 2!
This was a tasty market!
The maximum profit width is onlythe case where you could take profit at an ideal pointtherefore
not very indicative, but
please look at it as aiming to take profit somewhere within this range.
By the way, I took about 40 pips, so I think it was a good trade ^^
Conversely, the maximum loss was due to a very poor trade
and represents the amount if you stopped out at the worst possible timing.
Well… should we say if you can’t win with this signal…
Next day.
Fortunately, I was able to take the maximum profit width here.
When I’m busy, I often set TP at around 10 pips for profit width, but
luckily it hit.
If I had held on, at the point where the reverse signal appeared, I would have closed for a small profit...
Next.
The next signal immediately lit up a reverse signal after entry, so
I cut it.
I also shared this on Twitter, and it was a very frustrating losing trade.
However, in hindsight, if I hadn’t cut here,
I would have suffered a deeper loss.
Winner’s signal has gradually proven useful even for timing stop losses.
Next, the weekend.
There is an employment report this week,
so careful trading was required.
Before the employment data, I warned on Twitter to take profits early and square the position.
If you followed the signal, you could take profit before the employment data.
I was busy with work and missed it, but...
If I had entered, I would have judged the bottom near where Wave 3 appeared and taken profits.
Now this week USD/JPY and EUR/JPY are both performing well,
six of seven entries were closed with a profit.
I’m very happy to see many people using Winner and trading together.
In the future, I plan to further improve Winner and
to be able to mark the profit target in the display.
Yet, in my own view
I think profit targets should be decided by discretion and be flexible
because there can be multiple correct ways to take profit.
So even if I upgrade the version, I hope you’ll still view it as a reference.
Please follow the signals for entries and stops. ^^
Well then, let’s do our best again next week!!
Original indicator “Winner” details:https://www.gogojungle.co.jp/tools/indicators/17623
Nobushi Twitter:https://twitter.com/nobushi_fx
Nobushi Blog:https://nobushi-fx.hatenablog.jp/