The HTML, translated to English, is: 16 days +66 pips
Hello!
This is Viga, the Sonic Scalper ^^
I will explain my trade on Monday, December 16.
Yesterday's results are
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5 trades
Total +66 pips
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That’s it＾＾
I’ll share a trade recap!
■ Entry NO.1
“Long bias aiming for a break of the trendline”
＋7 pips
・GBPJPY 1-minute chart 12.13 08:36
・Long
This is a classic long bias
Nothing difficult, really＾＾
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・Bottom has been solidified
・Recent break of the trendline
That’s about it.
Since it was generally rising,
the rule is to look for buying opportunities.
This time, the bottom was aligned
to reach the tip of the trendline,
so I focused on entering from a favorable position.
I decided this entry point
by watching the candlestick behavior, so
it’s very fuzzy.
Even entries outside the logic
need to be properly resisted (drawn) toavoid
“Oh! Danger! It might riseーー!!!”
Sojumping in is absolutely not okay＞＜;
Though I sometimes do it myself＾＾;
Jumping in is not good, so
let’s stop doing it!
■ Entry NO.2
“Fib retracement × round number reversal”
＋7 pips
※No image
・GBPJPY 1-minute chart 12.13 08:59
・Short
I was flustered at take profit and
couldn’t take a screenshot, but
entry rate was 146.804.
This counter-trend point
was introduced in the Friday recap article?
“Fib × round number = counter-trend point”
It was derived from this!
It works, after all＾＾
Ultimately, this counter-trend point marked the peak
and then it fell by more than 30 pips.
Speculating like this is something to ignore
since you can’t take it now anyway＾＾
...But
I will surely take it someday!!!
■ Entry NO.3
“5-minute chart classic long bias”
＋24 pips
・GBPJPY 1-minute chart 12.13 9:23
・Long
This trade
was a long bias at the MA touch on the 5-minute chart!
If it’s a long bias,
shouldn’t you let the profits run further?
You might think so, but
on the 15-minute chart
this is the 3rd ascent in the uptrend, so
I am somewhat cautious, you know.
Well, it might not make a new high
but it will hit the trendline!
That’s my thinking, so I scalped＾＾
This is a common pattern,
so I entered with a bit of boldness.
I took profit as the scenario suggested
and hit the daily goal＾＾
■ Entry NO.4
“A form I kind of like: a deformed flag”
＋13 pips
・GBPJPY 1-minute chart 12.13 10:36
・Short
From the peak of the previous counter-trend point
we dropped decisively toward the round number.
After forming a bottom, it moved toward the round number
“Deformed flag pattern” then rose.
At this point
I aimed for short with the round number as a backdrop.
Entry point used BB and price action to time the IN.
Take profit was when breaking or touching the trendline.
This time I took profit a little after breaking.
Price movement was a bit slow, but
all trades followed the scenario＾＾
After all, flags are the strongest!
At this pointTotal +51 pips.
■ Entry NO.5
“Buying on a pullback after breaking the trendline”
＋15 pips
・GBPJPY 1-minute chart 12.13 13:18
・Long
People ask sometimes, where do you buy on pullbacks?
My answer is
‘Pullback after breaking the trendline’
is the best recommendation.
The reasons are simple:
・easy to understand
・high win rate
・profits tend to extend
So
this fifth trade is exactly that.
It’s been a good catch!
Total +66 pips.
▶︎https://twitter.com/viga_FXtrader
▶︎https://ameblo.jp/viga-trader/entry-12552894728.html
▶︎https://ameblo.jp/viga-trader/entry-12554476249.html
