【FX専業トレーダー猫のポンド円トレード解説0828】

I entered a long position with discretionary entry on the pound-yen.

4-hour chart

Go long in the direction of the middle band and moving averages.

30-minute chart

The drop toward the moving average on the 4-hour chart became a head fake and it moved up through. You can learn to read these kinds of things with daily practice of the N-Method. But you don’t enter based on a forecast at that point. Most traders’ forecasts are wrong.

Daily chart

At this point, about 60 pips, and I’ll let it extend further.

Weekly chart

It’s expanding.

Monthly chart

It moved above the middle band, didn’t it.

When I’m dedicating myself to trading and spending all day in front of charts, I can tend to slip into post-hoc technical interpretation and pretend-play trading, but at such times I confront the simple charts of the N-Method and achieve enlightenment. Let’s avoid getting trapped by technicals and losing sight of the market’s essence.