Here's the translation, keeping the HTML format intact and not adding line breaks: [Permanent Edition] What Billionaire Traders Are Doing in Scalping
Good morning, everyone.
This week there was a fair amount of volatility due to indicators, so wasn’t it relatively easy to trade?
I think so.
When something is easy to trade, it is easy to understand, straightforward, and it turns out as expected,
in short, perhaps you could say you were lucky.
Recently I have received messages asking about technical indicators.
For example
I trade by looking at Bollinger Bands...
I trade by looking at Heikin Ashi candles...
I trade by looking at moving averages...
I trade by looking at Stochastic...
and so on.
I ask, “Why are you looking at these?”
And I listen to everyone’s answers, but if you are using them knowing what they are, you shouldn’t normally lose.
But you do lose.
That means you are using them incorrectly.
The proper use of Stochastic and Heikin Ashi should be the same.
However, because people have preferences, you may use what you like, and if practicing with it helps you win, then use it.
But there are many people who can win by looking at other things as well, and I also draw lines based on technical indicators, though I do not trade based on those indicators.
・Do you want to win with forex
・Do you want to master how to use technicals
These are entirely different goals.
Most technicals move with similar meaning.
The troublesome part is that they do not become indicators until the close price is finalized, and the moment they become indicators, they can move in the opposite direction as well.
Aren’t the “signals” or “EAs” that the world loves based on this?
Suppose the so-called MISPERFECT ORDER of moving averages is completed with 10 moving averages.
At this time, the B-band would be expanding from a squeeze, and Heikin Ashi would show the same colored candles in succession.
Stochastic and RCI might be topping out.
In short, whatever you look at, the result is the same.
When ten moving averages and the B-band squeeze converge and then expand...
In this convergence,“something”is involved.
Today I wanted to convey that it is important to notice this“something”
A genuine, no-cheats method
↓
The scalping used by billionaires
↓
https://www.gogojungle.co.jp/tools/indicators/42559
Stress-free unconventional hedging (well, you won’t lose much)
↓
https://www.gogojungle.co.jp/tools/ebooks/19435