December 7 (Wednesday): USD/JPY

Good evening?

Last week, the dollar-yen pair fell below 140 yen and traded in the 133 yen range, but

if you are carefully watching the Bollinger Bands,

“Waaah!”

you’re not saying that, are you? lol

There are new members joining, so I will keep repeating it until you get it, until you remember it by heart.

Because you are not looking at any possible price movements at all,“Waaah!”and you panic shouting out loud.

If you properly watch the Bollinger Bands and see movement up or down, to what extent will it move? If you grasp that, you shouldn’t panic at all.

①Think through all possible scenarios.

②Then narrow down to a few movements that will be the main scenario.

③Later, was the actual price movement among the scenarios?

Where did the main scenario diverge from the actual price movement?

Let’s think about it again.

If you do steps ①–③ every day or every week, your actual ability will naturally improve.

Because indicators don’t determine everything...

Let’s quickly break away from such childish trading!

(Note: The following environment recognition is limited to members.)