Hundreds of billion-dollar traders are scalping

Hello everyone.

The current USD/JPY is moving lazily without much vigor.

If this pace continues through the second half and the London session shows a similar movement, we can expect something from the FOMC and Chairman Powell.

Today, we will excerpt a portion of a message from a user who recently purchased "The Billionaire Trader's Scalping."

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I read it carefully while comparing it with the chart.

I made a few trades and I can win. It feels like a method that aligns with the market’s movement and flow.

I’m grateful for those kind words, and I’m happy too.

First, what’s good about this user is that they were able to enter the market in a period of decent volatility.

Because in a sideways market like a centipede crawling horizontally, it isn’t profitable.

This trade is a scalping method based on a 1-minute chart with a trend-following approach.

Rather than forcing a counter-trend, you take positions in line with the current trend.

In such a flow, a characteristic of this manual is that multiple lines are drawn, and positions are taken flexibly within the lines as the trend forms, with profit-taking and stop-loss repeated according to the current market conditions.

The good thing about this trading method is that you can clearly tell at a glance whether it is a buying or selling situation right now.

It is not a trade that buys on a rebound during a decline.

When buying, it is only when it is in a buying state.

Since this is a 1-minute chart, there are several short-term trends (around 30 minutes to 1 hour) in a day.

In the end, timing is everything in the market.

No matter how skilled a trader is, if you sell now and it rises for 15 minutes and you leave it, and it just happens to fall later, you can end up taking profits accidentally. This does not mean you are a good trader.

A skilled trade is one where you have unrealized profits from the moment you sell and you can take profits from that position.

Because I am blessed with more opportunities on the 1-minute chart than on the 5-minute chart, and more than on the 15-minute chart, I specialize in 1-minute trading.

From this, a trader needs rules of their own, too.

The rules I described in the “Definitive Edition”

Should know practical know-how, and having at least basic know-how should be regarded as a rule that holds in practice。

The color of the Heikin-Ashi bar changing, MACD crossing, Bollinger Bands squeezing, or MA in a perfect order—frankly, these are inconsequential matters.

Prices move as they do, the chart moves as it does, and indicators move accordingly.

If you trade by turning this into a rule, you might win when the conditions align by accident, but after thousands of trades, you’ll end up losing, just like a popular binary option provider.

And that’s not because you decided those positions with your own will.

For a trader, moving one step ahead is essential.

Now, the USD/JPY showed a slight rise.

Below, it is bouncing near 139.95, but if it breaks through, it will determine whether it clears the line drawn in the morning.

USD/JPY long breakout line 5-minute chart

14011

14014

14017

14021

Something like that, perhaps.

Scalping done by billionaires

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https://www.gogojungle.co.jp/tools/indicators/42559

Stress-free irregular hedging (Well, it hardly loses)

Unusual hedging in FX

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https://www.gogojungle.co.jp/tools/ebooks/19435