What is the Naniwa Chart Doctor Masao Jintou's Intermediate Wave Strategy Method! | Episode 7 How to Identify Trend Markets and Intermediate Waves Part 1 [Masao Jintou]
Many people are highly interested in trend trading where profits can be substantial, but there are also those who show no interest in markets without trends. To capture all the profits from a trend, you need to master the phase known as the middle wave, where a trend has not yet emerged. Here, Masao Shindo will teach us how to conquer such middle waves.
※The “middle wave” used in this series has no relation whatsoever to the middle wave in the Ichimoku Kinko Hyo.
Masao Shindo Profile
Shindo Masao. He serves as a strategist and technical analyst under Kojiro Tezuka, president of Tezuka Koji Office Co., Ltd. He posts various chart analysis ideas on TradingView.
Twitter:https://twitter.com/masao_shindo
Methods for discerning trends and middle waves
Hello everyone. Last time, we explained about “Triangles.” From the first to the sixth installments, we mainly learned about chart shapes. In martial arts like sports or karate, this corresponds to “form” or “technique.” By recognizing the patterns that appear on charts, it becomes easier to determine whether the market is in a trend or in a middle wave, so we started by explaining from the chart shapes. However, we have received many voices saying, “If lines are drawn, you can tell a triangle or flag, but on a normal chart without lines, you can’t tell where that pattern is, and it’s hard to know how to draw the lines.”
So starting this time, we will specifically explain how to think about and analyze how to distinguish trend markets from middle waves, so please look forward to it.