The 4th Session: How to Think About and Decide on Acceptable Ranges [FX Planner]

Now that we understand the “area” that holds the key to the area method, the next important point to learn is the “tolerance range.” What is the tolerance range, and what ideas and methods determine it will be explained by an FX planner.

【The Essence of the Area Method Practical Edition［FX Planner］】
・Episode 1: How to find high-advantage locations within the chart(Free availability)
・Episode 2: Thoroughly analyzing the chart from candlesticks
・Episode 3: Thoroughly analyzing the chart from candlesticks ~ Area Method Explanation ~
・Episode 4: How to think about and decide the tolerance range
・Episode 5: How to use the set tolerance range with the area method
・Episode 6: How to narrow the area’s price range down to the tolerance range
・Episode 7: Things to do before and after entry
・Episode 8: Area adjustment and decision criteria

Episode 4 Table of Contents

1. Not everyone can apply the learned method
2. What is the tolerance range
3. There are two bases: amount and pips
4. Determine tolerance range by considering balance

Not everyone can apply the learned method

In the previous article, I explained what the area in the area method is and its definition. Now I would like to explain the other key point: the “tolerance range.”

There are many methods in the FX world, but learning a particular approach and its mindset does not guarantee that every trader can trade in the same way. Unless it is a fully mechanized EA, individual differences in a trader’s personality, emotions, and level of understanding will influence trading, and tolerance range is one of those factors that introduce such individual differences.