The Way of Investment (Part 3)

The Way of Investment (Part3)

　Detailed examination of AUDJPY settlement points in April 2022

AUDJPYDetails of the April settlement points

1.      Detailed examination of settlement points on the daily chart and 4-hour chart

We examined the settlement points.

On the daily chart, the settlement point is April 22, 2022, but on the 4-hour chart, the settlement point shifts considerably earlier. The fine details that were not visible on the daily chart become visible on the 4-hour chart.

If the rule is “settle when the indicator graph becomes horizontal,”4hour chart would indicate, in a post-evaluation, that3month29day04:00is the settlement point, but before that there is a temporary dip in the indicator graph, so settlement occurs once on3month14day, and then the position is rebuilt on3month16day.

With daily settlement, the profit range is about970PIPS,4hour settlement is about930PIPS, resulting in higher profit when settled on the daily chart. The reason is that the daily chart does not show the fine fluctuations of the shorter timeframes, so settlements are not made impulsively, allowing profits to be extended, which in turn makes profits higher.