5-Day Intensive Course – Delivering a method that anyone can master easily –【Day 5 Final】

From yesterday's trade

【USDJPY】

Today is Saturday, a reflection meeting day for my students about a week of trading.

This student is graduating this month as they are in their third month; next month I might recruit a second class???

With 15M, by the method below, in one week 3 currencies yield 510 PIP, about 1500 PIP per month.

5M scalping was tough this week; only 350 PIP in 3 currencies, per month

profit was 2000 PIP.


【Final Day of Intensive Course】

The indicator I am currently using for day trading is ZigZag.

I will try placing ButterflyNeo on the grid, values of 9, 5, 3 are my preferences.

This indicator leaves small dots at the points where ZZ repaints,

and then statistics can be taken from this.

This is an important point.

The biggest drawback of ZigZag is repainting.

It appears at the best place but repaints... what to do??????

I thought to combine it with something to create a ZigZag anchor.

One of these methods is as follows: if it crosses this line or a signal appears, I will look for situations with a 70% probability of not repainting.

This is one of the methods.


Buy: when a blue ZZPoint appears in the buying flow of the FLD and the EMA 13 is surpassed by the actual price, then trade.

Sell: when a red ZZPoint appears in the selling flow of the FLD and the EMA 13 is surpassed by the actual price, then trade.

When FLD is clearly indicating, even if a ZZPoint appears outside the 75-day line, if it comes inside, trading is OK.

Notes: When FLD expands widely, it is a ceiling area, so trading requires caution.

There is a bit of discretion involved, but since this is the basic idea, please try to develop something superior to my method.

This method has been tested in real trading for over ten years and, by statistics, is a way to gain around 1000 PIP per month in at least three dollar/yen pairs.

I trade with a take-profit of 30PIP and a stop-loss of 20PIP in practice. If profit reaches 25PIP or more, I move the stop-loss

to +20PIP. Furthermore, if 15PIP profit is achieved, I move the stop-loss to ±0.

However, even if you practice this, profits from tomorrow are not guaranteed to be steady.

As expected, experience is needed, and among my students, the quick ones take about three weeks, the slowest take more than three months to see profit.

Even my son, who graduated from a prestigious American university, took a week to see profit.

Reviewing every day, the previous day's work is the most important; profits will come if you study.

Think about it: even if you learned cake making from a famous pastry chef,

could a novice like me suddenly sell a cake at a bakery?

At least two years of apprenticeship would be necessary!!

No matter how good a method is, nothing guarantees 100%, so steady effort is required.

However, with this method, it can be mastered in weeks to three months, so I think it is efficient.

Five days were not enough to write everything, so please continue your journey as a trader by using FX Rescue Team with me.