#15 The Station of a Market Where FX Can Be Profitable
Hello, this is lucky.
Of course, there are markets that are easy to win.
Even by looking at past markets, you can’t tell.
You must properly recognize where the points to profit are.
It’s not enough to have a vague image,
you won’t win unless you grasp the points firmly.
If you want to win anyway,
make friends with the trend.
Only aim for that.
It’s not good to aim for both trend and range at the same time.
It may be efficient, but,
If beginners especially do this, they will absolutely not win.
He who chases two rabbits catches neither
As the saying goes, those who try to catch two rabbits at once end up catching neither, so first
master the trend.
Practice is somewhat necessary, but
by practicing drawing trend lines you’ll be able to gauge things to some extent.
First, draw the line and see where it breaks.
Today’s USD/JPY entry point is one basis for it.
Act after seeing the truth
Carefully observe this flow.
In the image below, where do people impulsively flow,
first, here.
The sign of a higher-timeframe wave is activated. (The answer is almost obvious beforehand, though,)
It’s a buying on dips.
② But since the sign of the higher-timeframe wave appears first, even beginners can ride the wave easily. !
Here, a double basis is activated!!
This is something to be grateful for according to Dow Theory.
By testing, things you didn’t know will come out, so
investigate why it becomes so.
This repetition is necessary.
Discretion is first to confirm with your own eyes.
Even if predictions from chart analysis don’t all come true,
once experience as data accumulates, you’ll be able to predict to some extent where you can enter in the current market.
Furthermore, using repaint-free multi-time-frame analysis
allows you to do technical analysis to forecast the future from the chart.
Glancing one step ahead to enter is very mentally beneficial, making it the strongest.
Probably beginners will enter with a fluttering heart, but once you have this, that fear disappears.
You’ll trade with peace of mind.
The market’s direction is shown beforehand, so you just ride along.
As Dow Theory states,
“The trend continues until a clear reversal signal appears.”
This captures the essence of identifying the current trend.
If the highs and lows rise, it’s an uptrend
If the highs and lows fall, it’s a downtrend.
If it continues like this, consider that a trend is present.
[Today’s Summary]
To profit efficiently,
test markets where it’s easy to win intensively,
why did a wave form there?
Is it a point where the waves are cleanly drawn?
When the waveforms aren’t clean, what is the state?
Testing like this reveals new insights.
The textbook to learn with Investment Navigator is here ⇩⇩