Release： 05/04/2020 07:30

Update： 04/08/2021 02:35

Series

A full-time currency trader cat explains pound-yen trades and the mind philosophy in the market.

FX専業トレーダー猫のポンド円トレード解説0504

The pound-yen has become a two-way market.

This is a 4-hour chart.

Let’s look at the daily chart.

Both the middle band and the moving average are trending down, and the price is below them, indicating a bearish outlook.

Next, the weekly chart.

It’s held down by the moving average and has a topping tail, suggesting a downward bias.

The monthly chart is

also bearish, like the weekly chart.

I currently have no position. I think it will go down, but I’ve lost a lot during my losing trader days because of that belief.

Whether I can abandon the random rewards from the market... that’s where everything hinges.

N-Method is here

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