+【1/15~16 EURJPY Euro Yen】(66)
1/15~16 EURJPY Euro Yen
From entry to settlement
Even if you somewhat understand that it’s a pullback buying area, without a clear entry timing and a clear stop-loss line, your lot size (loss tolerance) won’t be clearly determined, and you won’t be able to consistently profit in trading. The goal for a trader isn’t to become capable of analysis, but to actually increase capital through trading over time.
The summary of indicators such as the displayed moving averages and the thinking is summarized in the following article ↓
https://www.gogojungle.co.jp/finance/navi/articles/63093
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First, from the entry screen
January 15 (Mon) shortly after 8:00, EURJPY long entry
Although it was morning, since this is a cross yen pair, entered
From the pullback buying area, after the lower timeframe showed a bottom
Stop-loss line is
Breaching the low of the double bottom outlined in yellow (red dotted line)
Entry by breaking above the second double bottom high within the double bottom
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As environmental recognition
H4 timeframe: after breaking above the support around the lower white line, if the lower timeframe pullback stops, pullback buying should strengthen
H1 timeframe: will it stop the decline with a double bottom at the white line support?
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After entry,