January 23 (Mon): Nikkei 225 (Free viewing items: [Squeeze] and [Horizontal channel state])
Good morning!
Please excuse me if this week again contains dull posts without emojis for a while m(_ _"m)
(※ Even if emojis are not allowed, emoticons should be okay…)
By the way, yesterday was a new moon, right!
My back got attacked again on the new moon…
(The new moon is not related to this, haha, but I still can’t move…(´;ω;`))
Now, today I will start with a Q&A
「Is there a clear way to distinguish between a Squeeze and a Horizontal Channel State?」
➥「If it’s more than ○○ pips, then it is a 【Horizontal Channel State】」
If only that were true, but the market is not that simple.
The volatility varies from time to time, after all…
For those who remember the Bollinger Bands explanation in the salon,
During the salon era, it was roughly about a certain number of pips as a guideline.That is what I wrote.
The reason is
・There was almost no explanation of how to use Bollinger Bands from the salon organizer.
・There were many absolute beginners
So I presented it as a rough guideline.
However, those who studied properly with “Bollinger Bands Unraveled” understood the characteristics of Bollinger Bands.
Therefore, let us explore the differences between a Squeeze and a Horizontal Channel State according to market conditions.
※Because the answers will reference the contents of “Bollinger Bands Unraveled,”
I’ll write briefly.
On Twitter
https://twitter.com/nizi_zyannnu/status/1616433804171960322
I posted there.
Yes.
The判断 between a Squeeze and a Horizontal Channel State should be looked at from past charts.
When the contraction is delicate, it’s okay to look at a range on the PC screen and check whether the current price range in the past was a 【Squeeze】 or a 【Horizontal Channel State】.
Let’s use that as a reference.
For example… if the current price range is 50 pips,
Did it expand from 50 pips in the past?
Is the price movement in line with the characteristics of the 【Horizontal Channel State】?
We look at past charts for reference.
That is whyWe use the Bollinger Bands Oscillator.
Charts aren’t that simple.
Saying “it’s like this because it’s ○○ pips!” is not possible.
So“If you’re unsure, go back to past charts.”
This is not limited to this question alone.
・Trading practice
・Verification
・Lines
・Chart formations
・Indicators
Anything.
If you don’t look carefully at past charts, you’ll make strange statements.
Before a ○○ shock happens“Aaaahhhhh”,
If you study past charts properly, you can grasp how severe past crashes were.
History repeats itself.
Let’s study properly! ( ・ㅂ・)و ク゛ッ !
(※The following environment recognition is limited to members.)