The Way of Investment (Part 39)
The Way of Investing (Part39)
1.
First, from the daily chart
Daily currency strength graphs,4hourly currency strength graphs will be viewed in order.
CAD, USD, are pointing up. CHF NZD, EUR, GBP, JPY are pointing down.
2.
4hour chart
4hourly chart shows CAD, USD rising, EUR, AUD falling. Among them, CAD rises the most.
4hour currency strength graph suggests that, for the first half of this week, focus on the following currency pairs for trading.
Sell signalEURCAD
3.
Verification of currency pairs from the previous “The Way of Investing”
In “The Way of Investing (Part38),
Sell signalNZDUSD
was written.
Now, let's verify.
The above chart isNZDCAD on15-minute chart.
On Monday it fell slightly, but afterward it was supported by the long lower shadow and formed a double bottom. About 35 pips of profit was made.
New section
“Asset3倍増計画”
4.
daily chart
is no longer a chart aiming for a lower price.
In the previous “The Way of Investing (Part38),
It stated,
Indeed, that happened. I cut losses here, but in order to continue trading, this is a necessary cut.
Sell position at break-even129.790 was closed at131.615. Fees were-\200, swap loss was --17,115, making the total loss --199,815.
From the first round of the “Asset3倍増計画”, it starts with a stumble, but we will cut losses cleanly and look forward to future trades.
If losses become too large, this project will be stopped, but there is still room for recovery, so we will continue.
<風>Recommended indicators
The Ultimate Contra-Relation Indicator
https://www.gogojungle.co.jp/tools/indicators/41656
Daily Bottom-TOP Naked Eye Indicator
https://www.gogojungle.co.jp/tools/indicators/41351
“8CP Visualization Indicator” is described on the following page.
MT4 version
8CP Visualization Indicator4 point full set(Oceania, London, New York, AnyCP)
https://www.gogojungle.co.jp/tools/ebooks/32043
MT5 version
8CP Visualization IndicatorMT5_4 point full set(Oceania, London, New York, AnyCP)
https://www.gogojungle.co.jp/tools/ebooks/39133
“8C Currency Strength Visualization Indicator” is described on the following page.
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
MT5 version https://www.gogojungle.co.jp/tools/indicators/39159