Hello! This is Ishii from GogoJungle. This is the third installment: an interview with Fx Can.
Starting with the usual product introduction! Released in 2013, with a sales record of 2,317 units, the “FX Line Trade” is developed by Fx CAN, who brings it to you
“MT4 Buy/Sell Signal Tool《New_Box_Alert》” 
In this video introducing this product to you, in the fourth interview, we discuss the career background from the first interview, the losses discussed in the second interview, and the comeback described in the third interview, followed by the new product We discuss the logic of the New_Box_Alert (NBA).
What to watch for What beginners should do The difficulty of the logic What is important Advice for everyone
and so on
We talked about many things! Now, the interview begins!

In the previous interview, we discussed FxCan's comeback and the experiences poured into it, and in the fourth interview, we discuss NBA; in this interview,
we immediately asked about trading rules. What trading means to FxCan
“Candlesticks are the basics”
“Day trading and swing trading are the same” 
The thinking in trading is the same; the difference between day trading and swing trading lies in the part you monitor on the candles.
“Swing is from the 4-hour chart~” “Day trading entries are on shorter timeframes
“Direction confirmation on the 4-hour chart~”
and that’s what he said.
For day trading, rapid rises and falls carry risks; there are things you can't see on the minute chart, and to foresee these you need to look at the 4-hour chart and above.
He spoke about the importance of multi-time-frame analysis. By looking at charts with different time frames and understanding the current market conditions and trends, you can explore entry points in a way that is necessary for short-, medium-, and long-term trading styles, and FxCan also mentioned this and practices it.
Until now, we have interviewed many investors and developers, but many people have performed multi-time-frame analysis by looking at charts of different time frames. They have indeed been doing so.
And For those who have not yet done multi-time-frame analysis, “Please try multi-time-frame analysis”
and he says so.
After discussing multi-time-frame analysis, his thoughts on the logic were also shared.
Rules and logic that are difficult to reproduce should be kept simple.
Keep the logic simple!
and In NBA, you can choose according to your trading environment, and FxCan discusses this within the product.
And He also spoke about the importance of verification.
Verification “Simple and reliable verification is necessary” and he wants everyone to conduct thorough verifications.
And finally
“Trading is something you learn by doing” 
he said.
Seeing is believing; there are statements like “proof over theory,” and with his rich experience he has learned from failures and achieved success, so his stories are worth listening to, wouldn’t you say?
Episode 4 Please be sure to view FxCan’s thoughts on trading. There are many stories not listed here or not fully covered yet, and we’d love to hear them. There are plenty more!
|