October 5 (Thu): [Bollinger Bands] Nikkei 225 vs. US 10-year Treasury yield (Lecture: lagging indicators and leading indicators)
Good morning ⛅
We are currently introducing Bollinger Bands and Harmonics,
please consider these two as completely different things.
Bollinger Bands are an indicator.
What is needed for an indicator
・to understand the calculation formula
・to understand that it is a lagging indicator, not real-time
Please firmly grasp this point.
Harmonics are drawing tools.
Since they are drawing tools,they are not lagging indicators.
If anything,they can be considered leading indicatorsto some extent.
SoEntry is by no means delayed.
This is one reason I use Harmonics for Entry.
What you often see
“If the indicator looks like this, enter.”
is marketing material.
This does not take into accountthat Harmonics are lagging indicatorsand is often just a theoretical claim.
There are many cases where charts are shown
in realitythey are lagging indicatorsso
・you may not even gain XX pips!
・or you might incur a loss?
This can happen.
(There may be products that do consider this carefully… perhaps, but it’s rarely considered.)
When using something, truly understand it,
practice until it sinks in before applying it in live trading.
※Tomorrow I have plans in the morning, so I plan to post tomorrow’s content tonight.
However, I have a meeting in the evening as well…
So posting may be late at night?
Please understand. ?♂️
Today I will compare with the U.S. 10-year Treasury yield.
(※The following content is limited to members.)