Set Your Own Entry Criteria for Session 3 [FX Planner]

Last time I explained the importance of capturing the overall trend to grab attention and the fundamental premise of the strategy based on that. This time, after properly setting your own criteria, I will teach you how to determine entry candidates in accordance with those criteria.

【The Essence of Technical Analysis [FX Planner]】
・Episode 1: Grasp the psychology of buyers and sellers
・Episode 2: Grasp the trend with the big flow
・Episode 3: Establish your own entry criteria
・Episode 4: Build the ability to discern when you don’t know
・Episode 5: What to do after reaching the target

Table of Contents for Episode 3

1. Decide the perspective and set your strategy
2. Determine entry candidates on the short-term chart
3. Consider multiple scenarios in advance
4. Find meaning in the criteria for candidates

Decide the perspective and set your strategy

In the previous post I wrote that the first step is to analyze the big trend and determine the perspective. And once the perspective is decided, the next step is to formulate a trading strategy.

Please look at Diagram ①. Within the big trend, a pullback buying occurs at the support, heading toward the target area. In other words, the perspective is long, and to aim for this long, you will examine the short-term chart shapes to search for entry candidates.