Naniwa’s Chart Doctor, Masao Shindo’s Intermediate Wave Strategy! | Episode 14 The Market’s “Cycle” [Masao Shindo]
Many people are highly interested in trending markets where profits can be large, but there may be others who show no interest in situations without trends. To capture profits entirely in trends, you need to master phases where a trend has not yet emerged, often referred to as intermediate waves. Here, Masao Shindo will teach us how to攻略 such intermediate waves.
※This article is a reprint and edited version of an article from FX攻略.com, November 2020 issue. Please note that the market information written in the text may differ from current market conditions.
※The “intermediate wave” used in this series has no relation whatsoever to the intermediate waves in the Ichimoku Kinko Hyo.
Masao Shindo Profile
Shindo Masao. Active as a strategist and technical analyst under the leadership of Kojiro Tezuka, the representative of Tezuka Kojiro Office Co., Ltd. He posts various chart-analysis ideas on TradingView.
Twitter:https://twitter.com/masao_shindo
Hello everyone. Last time, I explained the essence of “Double Top/Bottom.” We learned how trend reversals occur and how investors' psychology changes. Ideally, I would like to move on to the advanced applications of Double Top/Bottom here, but there are items we need to understand first. Since those are topics I haven’t explained before, I’d like to focus on them here.
This time, we will discuss the concept of “cycles.” By understanding this concept, your understanding of various analyses in advanced applications will dramatically increase.