Yūcheru's Trade Fitness Gym | Why the rate reverses after entry in Episode 5
Yucheru-san Profile
Active on YouTube as a “Muscle Trader.” Well-regarded for technical analysis of EUR/USD, and channel subscribers are rapidly increasing. Catchphrase: “Trading is more about the physique than the mind!”
Twitter:https://twitter.com/EURUSDsenmon
*This article is a reprint/re-edit of FX攻略.com September 2020 issue. Please note that the market information in the main text may differ from current market conditions.
Three-Worded Trader Who Will Never Win If You Don’t Understand This
When I was a beginner in FX, every entry would go against me and I kept taking losses. I’m sure you’ve experienced that too, right? Has anyone ever asked why that happens and reached an answer? Not many, I think.
I’m stubborn about losing, so I kept pursuing it. And the answer I arrived at is, precisely, supply and demand!
Since I started consciously paying attention to the supply and demand in this market, I could avoid careless entries, and instances of going with the trend in the opposite direction dramatically decreased (by the way, there is no method that absolutely never goes against the trend, so keep that in mind).
Now, I’ll explain with concrete examples. First, a situation beginners tend to enter: when a level is broken.
I understand the urge to enter. I did it a lot too (laughs). But actually, this is the single worst entry.