【FX専業トレーダー猫のポンド円トレード解説】

Nice to meet you. I am a full-time currency trader and my nickname is Neko.

I am releasing an N-Method semi-discretionary trading approach using an EA, and I would like to explain the entry signals of the same method that I have been using alongside my main trading work.

First, the GBP/JPY on February 28.

Although the Tokyo session saw a strong decline, I entered a short position with N-Method around 5 o'clock.

The image is a four-hour chart.

As a hint, RSI is below 50 indicating a bearish bias, it touched 30, but since the trend is ongoing we ignore it. Then, as the middle band slope steepened and the Bollinger Bands expanded, this is the N-Method signal.

※ In the N-Method manual, both the entry EA and the alert EA are described as settings for the 5-minute chart, but you can set them on any time frame. From next time I will set the EA on a four-hour chart to make the entry points clearer and trade in parallel with my main trading work.

As it happened, it was Friday, so around 2 a.m. on Saturday the take-profit signal had not appeared, but I closed the trade for about 400 PIPS.

In 2016 or well before that, GBP/JPY typically moved more than 300 PIPS,

so I feel that the range market that continued from 2017 has ended and a high-volatility market may be coming.

This is the daily chart. In the area where the vertical line extends, I expanded the Bollinger Bands.

On the daily chart, breaking the middle band indicates a bearish bias, and because the bands were contracting, there was a high possibility of expansion, so counter-trend trading should be approached cautiously.

I have a strong sense that the GBP/JPY price movement is being condensed on the four-hour chart.

Therefore, N-Method traders should focus on the daily and four-hour charts, and leave the lower timeframes to the EA.

Bollinger Bands, RSI, and Heikin-Ashi

You might think the chart settings are very simple, but

the oscillator formulas do not vary much, so one of them is enough.

Rather than that, in modern times the ability to see real-time market movements is itself quite revolutionary.

Heikin-Ashi has become familiar to many people, but at first it feels like “I can win!” and many may be disappointed when they actually use it in practice.

N-Method provides one answer to that.