[Short-Term Strategy (Scalping & Day Trading) Feature 8] After recognizing the environment on the long-term chart, enter on the short-term chart!! A trend-following method that rides the flow after a line break (Tomoaki Kuramoto)
【Feature】Victory is Ours! Short-Term Strategy (Scalping & Day Trading) Feature
・① Why now for short-term strategies—heard from skilled traders!
・② Basic techniques of scalping
・③ Basic techniques of day trading
・④ Indicators advantageous for scalping & day trading!
・⑧ After long-term timeframe confirms the environment, enter on the short-term timeframe!! Follow-the-trend method riding the move after a line break (Tomoharu Kuramoto) ←This article ends here
※This article is a reproduction/edit of FX攻略.com December 2020 issue. Please note that market information stated in the text may differ from the current market.
The method introduced by Mr. Kuramoto is a trend-following style that targets price movement after a line break. Perform environment recognition on the 4-hour or 1-hour chart, then drop the high/low lines onto shorter timeframes like 5-minute or 1-minute charts to set entry cues. By entering aiming at pullbacks or retracements, you can further increase trade accuracy.
Strategy
- Target pullbacks or retracements after a line break drawn on the higher timeframe
Timeframe
- 1-minute
- 5-minute
- 1-hour
- 4-hour
Technical
- Moving average (EMA of period 900)
- Bollinger Bands (period 1200)
