Winner Edition Market Recognition Techniques Collection
Thank you for your hard work
This is Nobushi
This week’s USD/JPY has moved in a strange way, hasn’t it
the typical “wait” marketis
I’ve spent a boring week.
Well, it seems that other well-known traders share the same view
and I think the market environment recognition is probably not wrong.
Now, since I haven’t entered yet today
I’ll introduce a few techniques that are used when recognizing the market environmentcollection of techniquesthat I’ll show you
Especially dedicated to Winner users
I’d like to reveal the techniques I always use with Winner ^^
Technique ①
Look at the direction of the market by checking whether the 1-hour Winner sub-window is upward or downward
What I do not want you to misunderstand is that you should look at the “1-hour chart”
During strong trends, the Winner lines move almost in a straight line
Just by seeing whether it’s upward or downward, you can recognize the market direction.
When entering on the 15-minute chart, this is often used to decide whether to be bullish or cautious!
Technique ②
In the 1-hour Winner sub-window, target the turning point from “downward to upward” or from “upward to downward”
The moment the sub-window Winner line turns from up to down or down to up.
Of coursethat moment is not a signal to sell!
The purpose is only to grasp the sense of direction,
and you actually enter at the second wave of the 15-minute chart!
By the way, if you display the 15-minute chart at the same time…
The first wave of the sell signal is lit, so when a second wave appears you can go bullish.
You can set a relatively wide stop loss as well.
Because in a big wave, it’s a down-turn, so even if the holding period extends a bit, there’s a chance.
Technique ③ (*dramatic caution*)
A contrarian method using the divergence of Winner value
I’m a trend follower, I don’t use this at all…
I think it has an edge.
However, please ignore this if your style is trend following.
It is a potent drug.
If it fits, it’s fun, but there’s a high risk of a big loss…
Usually the sub Winner value points to the purple line, but
many of you may have noticed another blue line
This line isn’t meaningless; it actually matters.
It shows how far the current price has deviated from the price the trader seeks.
In other words, this blue line should normally match the purple line (Winner value), but
when there is distortion in price movement (distortion always exists), the purple line (the true value) and the blue line (the distorted value) diverge.
The market will try to correct this divergence, so…
you can guess what comes next, right?
The market will move toward reducing this divergence.
However, since this is a contrarian entry, I don’t recommend it.
But if it works, it’s big. haha
In other words, on the above chart, if the divergence widens all at once and you go short,
the price may rebound, you know?
That’s what it means.
Well, that’s all for now.
The last part is half joke, half serious, but the first two are genuinely usable techniques, so please make good use of them!
Wishing you all tremendous profits.
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
