Follow the FX first-out scenario as planned! The world of Fibonacci, does the scenario align with the golden ratio?!
Reflection Commentary for Friday, June 12, 2020
Two free-ahead scenarios were posted, and both were scenarios you could take.
Judging only by one result
It is a mistake to reflect on what could have been done better
Are your own rules and methods in place?
Reflecting on the content is the correct way of thinking
↑ Explanation with actual charts
【World of Fibonacci】
When the movements are clean, the tool called Fibonacci can fit almost perfectly, quite surprisingly.
However, I do not draw ahead-of-forecast scenarios using Fibonacci. (It is impossible to draw them in advance)
Fib-based scenarios have a history of use, so I think you can roughly image pullbacks and take-profit targets from that base.
Because that foundation exists, it might influence scenarios in some way?
【Video】Exactly as the ahead-of-forecast scenario! The world of Fibonacci, do the scenarios and the golden ratio match?!
On the FX member blog, we also provide explanations of environmental recognition and how to draw scenarios, so
for those who want to become able to draw ahead-of-forecast scenarios themselvesplease refer to it.
→FX Member Blog, free first article “Series contents”
Try drawing your own scenario, read my scenario-drawing explanations and check your answers, and if something is different, identify what is different and adjust.
The basics of learning are to imitate.
If there is anything you don’t understand in my scenario explanations, please feel free to ask.
Since I don’t draw scenarios from experience or intuition, I believe I can explain it logically.
If you ask, I’ll create additional explanatory videos as well.
【Video】
https://twitter.com/takashipyo
takashipsychology@yahoo.co.jp
We also welcome your feedback and comments!