Normal scalping & FX hedging done by a lot of billion-dollar traders, EA version

Hello everyone.

I have replied to all the messages I received from last night to this morning.

If you have not received a message yet, please let me know via message.

I have summarized important things about trading.

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[Definitive Edition] Billionaire Trend Scalping & Not-Your-Run-of-the-Mill Hedging

Today is a holiday Monday, so the start of the session for USD/JPY was not great.

From right after the start I watched, both USD and JPY were being sold, while other currencies were being bought, so my monitored pairs including Pound/Yen, Euro/Yen, Euro/CAD, and Euro/Dollar were trending upward.

In other words, USD/JPY is moving sideways in a range.

The chart below is a 1-minute chart of USD/JPY.

From 10 o'clock, both USD and JPY rebounded, so other pairs experienced slight declines.

When the currency balance between USD and JPY moves in the same way as today, USD/JPY tends to stay in a range, making trading difficult.

In this area, free currency strength indicators available online can be quite helpful.

Even though it’s a holiday and you can trade, jumping in blindly can hurt you, so you need to manage funds based on monitoring in that area.

It’s about not wastefully losing funds doing unnecessary things.

This is the 1-minute chart of Pound/Yen at that time.

In the blue □ zone, it rose about 40 pips.

Although it's not in the Billionaire Trader scalping manual, we sent an all-user email with

a reference on how to take positions, so perhaps attempting the pullback in the red line within the blue □ zone could have been possible.

After a reasonable rise, the plan was to draw a short-break line as per the manual and look for short positions, but catching the early blue ○ pullback and breaking the blue line was an ideal pullback selling scenario, I think.

And after the return near 10:17, it sold off and has been watching since then with a wait-and-see approach.

However, there are traders who want to trade in ranges, and would rather not trade counter-trend, which is a bit of a selfish request.

If there are scalping users of Billionaire Traders, I suggest trying the following method.

Ranges are, in a sense, where selling and buying collide.

Because buying and selling collide, buy and sell signals frequently switch.

In such times, enter positions that move in the direction of the ongoing trend at the moment when the usual lines change from buy to sell and vice versa.

For example, in scenarios like the one below.

When in an indecisive range, draw the blue □ range zone with the 14914 line and try a short entry with the red ↓ signal.

I think it’s fine to classify this as a trial position.

For all Billionaire Traders’ scalping users, although prices vary by broker, I think it’s worth drawing the 14914 line.

Once you understand that, examine past charts to see what those situations looked like, and how they would behave in the future in similar circumstances.

That’s how I suggest you view charts.

Especially for Billionaire Traders’ scalping users, ranges are easy to recognize, so I think you should simulate trading based on that range.

There is an FOMC-related speech tonight, but it is not given much importance by the market.

Be careful not to jump in and get caught at a high or low price.

Thank you again for today.

Big News & the Scalping that Billionaire Traders do

The Scalping that Billionaire Traders do

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

Stress-free irregular hedging (Well, you won’t lose)

Normal hedging in FX

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