This week, mostly ×. I was thinking of distinguishing with ×× and ×, but there wasn’t space, so I didn’t.
In the 503 method, aiming for a circle of 〇 is considered more efficient. It’s not too late once you’re close to a target, so wait.
There were things to review. Midweek, I was looking at AUDNZD and USDCAD.
USDCAD has an ongoing trend, so near the next place to watch, if you go long, you can ride above the high with strong protection.
I repositioned with a USDCAD revenge, but hit the stop loss.
I hold AUDNZD in REAL TRADE, and I thought I had around a loss of 7 thousand yen, but it has almost returned to the same level.
Please check the direction of each currency pair.
Last week (this week), those who traded USDJPY pair should have clearly seen the flow from the places to watch. (As I always say, it is reckless to enter against a trend that has already emerged.)
Should we check over the weekend? It would seem fine to set up entries already.
That’s about it. Going forward, I think when there is a big move, you don’t have to force new positions. (100 pips can come at any time.) The current market moves 300–500 pips.
If you can reach 100 pips, you can also aim for 200 pips, so try to extend it.”
To help readers, I changed to write articles on market close days. Over the weekend, think about which currency pairs to hold next and which pairs are most efficient.
I have finished writing Part 2 of a new series. This time, continuing from the previous article, it focuses on practical application.
★“The Charm of FX Diversified Investment: Safe Income and Risk Control (Leverage Part 2: Practical Application)”
Please first read Part 1.
☆“The Charm of FX Diversified Investment: Safety and Profit Expansion (Leverage Part 1: Basic Knowledge)”
Part 3 is“FX Diversified Investment Charm: Profit Pursuit and Risk Diversification (Leverage Part 3: Strategy and Risk Management)”
I think I will thoroughly enter the diversification discussed in Part 1. I believe risk management allows one to diversify risk to both protect and increase profits (I’m planning to touch on the fundamental market environment too). I planned to post within this week, but I will publish before September.
In Part 2, when lot sizes are large, risk increases significantly. The market often shakes positions at low or high prices to force many people into reverse positions, so if the position is opposite to the movement, most people did nothing in the round trip. In that case, when you realize it, it’s better to cut losses (especially if you think you’re buying at a high). If you just manage the lot size, you can usually avoid most issues.