USDJPY Trade Strategy - "The method used by people who are actually winning in the billions" 2023.05.22 (Mon)

The method used by people who are actually making billions

It is not known whether it will go up or down

The people who are winning, focus on short-term moves, on "the advantage that exists now"

If it has been strong up to now, buying has the edge

It is currently rising because it is being bought

There is a clear fact that it is falling because it is being sold

If so, the best chance to win is to act in line with the market’s trend

Understand technical analysis correctly

Even mastering all of technical analysis cannot predict everything

Market Technical Analysis — A Complete Comprehensive Guide to Trading Methods and Buy/Sell Indicators

John J. Murphy (author)

This single book lets you master all of technical analysis!

A definitive edition of technical analysis by a world-renowned authority!

“In light of contemporary knowledge, it is unfortunately clear that these analytical methods cannot predict the future, no matter how plausible the reasoning.”

“Moreover, the lack of predictive power is the same for fundamentals analysis as well.”