ケッティーのFXテクニカル虎の巻|第6回 トレンドレスのレンジ 逆張りトレードについて
Hello everyone! This time I will explain about trading in a trendless market.
【Ketty's Technical Tiger Scroll: Serialized Article】
・Chapter 1: To Choose Your Own Winning Pattern(Free to read)
・Chapter 2: Liberation from the Quest for Methods
・Chapter 3: The Beginning and End of Trends, True Break Point Entry
・Chapter 4: Entry and Exit Timing for True Trend Following
・Chapter 5: Ranges are Ranges, but Different Qualities
・Chapter 6: Trending-less Range and Reversal Trading
・Chapter 7: Is Being a Full-time Trader Truly a Sweet Job?
・Chapter 8: A La Carte Reversal Methods
・Chapter 9: Trading to Capture Trend Reversals ①
・Chapter 10: Trading to Capture Trend Reversals ②
・Chapter 11: Trading to Capture Trend Reversals ③
・Chapter 12: Considering Exit Strategies for Reversal Methods
Ketty (Ketty)
A housewife trader known for large gains with shallow stop losses on peak-to-trough trades. She practices and studies “multitasking trading” daily while raising children. Her motto is to trade without being bound by convention. On the surface she resembles Sakura Ohhara, and when she speaks, she delivers brisk talk that could rival Emiko Onuma, enabling seminars nationwide that are both entertaining and practical, full of laughter and tears.
Official site:Twin-sister Raising Housewife Ketty FX
twitter:https://twitter.com/FXketty
Chapter 6 Table of Contents
1. It is important for reversal strategies to recognize entry and exit
2. Entry points on the higher time frame (refer to Chart ①)
3. Entry points on the lower time frame (refer to Chart ②)
4. How to place stop losses
5. Take profit points
6. Though many are puzzled, results have been proven
It is important for reversal strategies to recognize entry and exit
Earlier, I divided ranges into two types and explained “the mid-range within a trend range” and “trendless” ranges.
A trendless market refers to a range where there has been no strong preceding trend and there is no directional pressure before the range forms.
Many readers are probably already familiar with the term reversal. Sell when prices rise, buy when prices fall. This is the basic reversal perspective. In this trendless market, selling high and buying back when it falls, and then selling again when it rises, can also be effective in this trendless market.
However, once the price breaks the upper or lower bound of this range and a trend starts, holding a short position after a drop will quickly become an unrealized loss and cause significant pain.
Like any method, reversal strategies are not always favorable. Therefore, it is crucial to clearly identify both entry points and exit points for this reversal method as well.
Now, let's look at the concrete methods. This time we will introduce entry points on the 1-hour chart (long-term) and the 5-minute chart (short-term); in practice, you can use any time frame. The condition is that the long-term chart must be in a range market.