Release： 11/10/2021 20:33

Update： 11/14/2021 20:03

Series

A full-time currency trader cat explains pound-yen trades and the mind philosophy in the market.

Reasons you must not do pattern recognition

Yesterday's Pound-Yen 4-hour chart is

There was a chart quite similar to this in the past, and after that it rose sharply upward.

But I did not ride it.

A chart like that will never appear again, and I deeply feel that you cannot win with such easy pattern recognition.

In the end, this chart turned out like this

Today we have UK GDP released afterwards, right?

The late Mark Douglas, whom I deeply admire, asserted that the market is a “numbers game of pattern recognition,” but it is not the same as simplistic pattern-recognition thinking.

If you want to change your life in the markets, stop playing at technical tics.

Take a shot with the culmination of your market career at stake.

N-Method is here

Popular articles in the series

Is this a reprise of 2016?

From looking at the current market, I feel like next year will be a repeat of 2016.That’s what it se

【An Idle Full-time Trader's Trade Commentary】How to earn a monthly income from the market

One day of N-MethodThe N-Method GBP/JPY unrealized profit reached 100 pipsAlready hedged, so no risk

【200PIPS、300PIPSは当たり前】なぜN-Methodは凄いのか Translation: 【200PIPS, 300PIPS are common】Why is the N-Method amazing?

Please look at yesterday's trading.30-minute chart4-hour chartWe take profits decisively like this.W

【Profit on Pound/Yen holding 100 pips】

With N-Method, the GBP/JPY unrealized profit reached 100 pipsAlready trailing, so no risk【For those

【Pound/Yen unrealized profit 80 pips】

M-Method's pound-yen unrealized profit has reached 80 pipsSince we are already trailing, there is no

See all