[Reach] USD/JPY is nearly at entry point
Thank you for your hard work!
This is Nobushi.
Yesterday was amazing, wasn’t it.
It seemed to move a lot in the early hours, sothe signal was forecasting a sharp drop.
Well, I wasn’t logged in at that time…
I wish there was auto-trading during times like this. Haha
Now, the USD/JPY pair continued to rise, slowly recovering from the early decline.
Currently, only the first wave of the uptrend has appeared recently.
Whether a second wave will appear or not…
On the 1-hour chart, the downward trend is still in place, so I can’t just buy recklessly
I want to trade cautiously though…
There was a sudden drop just now after reacting to something,
and I’m curious how this movement will affect things…
Whether it will turn or act as a pullback.
In any case, I’ll be watching closely whether a second wave will appear^^
This week there have been many movements like this
It’s difficultfor the 1-hour and 15-minute charts to move in the same direction., you know
So the number of trades naturally becomes fewer
and holding periods become shorteras well.
This is inevitable, or
the December market tends to be like that.
The market itself is indecisive and the long-term trend doesn’t continue.
Well, I’m busy too though…
I recommend taking profits earlier in December.
The correct approach is to steadily take profitsin this market…
Conversely, it might be fine to place deeper stop-losses.
There are many patterns that turn quickly.
Also, regarding the Winner update,
I’m grateful for the many people who gave feedback on how they’d like it to be!
The most common request isto add an alert only for the second wave.
This will be added in a future update.
AlsoWinner second-wave EA,
is under consideration.
I’m more of a discretionary trader, so if there’s demand from users… that’s the idea.
We’re also looking forward to your opinions and impressions on the blog and Twitter^^
Winner introduction video:https://www.gogojungle.co.jp/finance/navi/15/17609
Original indicator “Winner” public page: https://www.gogojungle.co.jp/tools/indicators/17623