【FX full-time trader cat’s Pound-Yen trade breakdown 0831】

This is the last pound/yen long position of August.

30-minute chart

Actually, if you entered the EA according to the text of the N-Method, you could have entered at a better position by more than 50 PIPS.

On the 31st, the London market was closed, so I took a break from my main trading. After I got home, I thought I could proceed and turned on the EA. In other words, even if the timing in the textbook’s conventional method has passed, or if I couldn’t be confident at that moment, once the price rose afterward, turning on the EA unconditionally would still pick up a suitable pullback. The important thing is the so-called market awareness and understanding of the market condition.

It is on the 4-hour chart.

At this point, about 100 PIPS.

Buying at the high and selling at the low is not dangerous. Even if you buy at a low and it immediately plunges afterward, you lose.