Naniwa's Chart Doctor, Masao Shindo's Intermediate Wave Strategy Method! | Episode 9: How to Identify Trend Markets and Intermediate Waves③ [Masao Shindo]

Many people are highly interested in trend markets where profits can be substantial, but there may also be those who show no interest in situations without a trend. To capture profits fully in a trend, you need to master the mid-cycle phase where a trend has not yet formed. Here, Mr. Masao Shindou will teach us how to tackle such mid-cycle fluctuations.

Note: This article is a reprint and revised edition of an article from FX攻略.com June 2020 issue. Please note that the market information described in the text may differ from the current market.

Note: The "mid-cycle fluctuation" used in this series is not related to the mid-cycle fluctuation in the Ichimoku Kinko Hyō.

Masao Shindou Profile

Shindou Masao. He serves as a strategist and technical analyst under Kojiro founder Hiroji Tezuka’s office (Tezuka Hiroji Office, Inc.). He posts various chart analysis ideas on TradingView.

Twitter：https://twitter.com/masao_shindo

Hello everyone. Last time, I explained the importance of drawing horizontal lines to consider scenarios. I do not make forecasts about whether prices will rise or fall in trading. The reason is that the more strongly one clings to a forecast, the slower one reacts when the market moves in the opposite direction. That is why scenarios are important.

Last time, I considered scenarios using only horizontal lines, but this time I will add a trend line to the horizontal line. By drawing horizontal lines and trend lines, the analysis will gradually become more advanced, so please look forward to it.