March 17 — The lines needed to ride the market trend and gain profit

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The novel coronavirus has now brought economic activity to a STOP worldwide.

We are seeing the limits of capitalism in this situation, but no one knows what will happen next.

And then,

accordingly, currency exchange rates have been volatile as well.

＊This is where it will stop

＊This is as far as it will go

In a normal ranging market, that might be fine.

However, in today's tumultuous market, trading can make one’s eyes clouded.

In such times,

【Biases】

This is a great enemy.

Society is in a state of emergency, so the market is in an emergency as well.

Rather than biases, draw the lines firmly (Keikana Line) and judge.

By the way, I draw PB1, 3, and 8, and then decide whether the trend continues at 4 or not.

【Ride the Trend!】

Even if you cannot catch the peak or trough, by drawing the lines above and judging, you can ride the trend even as a late participant.

However, with this method,

【It is important not to take your eyes off to a certain extent】.

In any case, while it is important to place a stop,

it is better to watch the lines above on the chart, because in a one-way movement you can keep riding the trend.

I always feel that entering against the flow is absolutely wrong.

Well then,

Yesterday’s forecast article is now published.

＊The dollar-yen value is not disclosed.

＊The pound-yen moved down and reached forecast level 4, right?

Now, I will forecast today’s European and American session times using the line method (Keikana Line).