April 12 (Wed): Nikkei 225 vs USD/JPY (Progress of the 'Reversal Zone')
Good morning☀
Here is a progress report.
The currently being written second part, “Reverse Zone.”
About 70% is completed.
If you’re interested, please wait a little longer m(_ _"m)
I see several people who have become somewhat able to outline scenarios?
That is a very welcome thing?
I think you’re really doing well (ˊᗜˋ*)*.•*
However, I see people hesitating about Entry?
In “A Deconstruction of the Bollinger Bands,” we also publish an Entry method, but which time frame should you use it with? It can be confusing,
even if you Entry at a point where XX and YY’s ZZ align,
the rate may have progressed, making it hard to enter.
This is
・that indicators are lagging indicators
・that it is a trend-following approach
two contributing factors.
No matter whatif you rely on indicators to seek certainty, you tend to lag?
ThereforeEntry is easier with the shape characteristics of the bands.
I’ll introduce questions received about the “Reverse Zone.”
“Can a complete novice draw the same thing?”
➥“Yes, you can draw it!”
The “Reverse Zone” can be drawn mechanically, so almost identical results can be drawn.
“Almost” means that what’s posted on Twitter has some discretion involved.
But it isn’t a big issue if you don’t include discretion, so please rest easy?
※Rather, not including discretion is the true way to use it www
?The “Reverse Zone” posted on Twitter
Entry pink Zone, take-profit Zone (green)
Both can be drawn mechanically.
Although not written here, a Protective Stop can also be drawn mechanically.
Therefore, risk-reward can also be calculated.
It’s a very easy-to-use method, so I’d love for you to master it?
But as I always say
“Mental(6) - Money-Management(3) - Method(1)”
The method itself isn’t the most important thing.
If you can’t believe in this method, it won’t work.
Therefore, mental strength is also necessary.
If you do not manage your funds properly, you’ll go bankrupt very quickly?
Therefore I place more importance on Mental and Money-Management than on the method.
If you’re interested, please look forward to it!
(Note: Below is for members only.