This week, the USD pairs showed a trend within 2-3 days.
In USDJPY, according to the 503 method, entry should have been at 144.440, 144.720, or 144.850, so I think 100 pips could be taken.
With the 503 method, aiming for the circles (〇) is more efficient. It isn’t too late to wait until you’re close to the target before entering.
Please check the direction of each currency pair’s flow.
From last week (this week), those who were trading USDJPY clearly understood the flow from the places to watch. (It made clear how reckless it is to enter opposite to the trend on a pair where the trend has appeared, as I always say.)
Should you check over the weekend? It would be good to set up entries now.
That’s about it. Going forward, if the market moves a lot, you don’t have to force new positions (100 pips can come anytime). The current market moves 300–500 pips.
If it seems possible to reach 100 pips, you can also aim for 200 pips and try to extend profits.
Currently, the market tends to exceed highs/lows, so it’s better to expect a reversal beyond highs and a move beyond lows.
To help readers, I changed to writing articles on market closure days. Over the weekend, please think about which currency pair to hold next and which pair is most efficient.
I have completed the second part of a new serialized article. This time, like the previous one, it focuses on practical application.
★“The Charm of FX Diversified Investment: Safe Returns 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“The Charm of FX Diversified Investment: Profit Pursuit and Risk Diversification (Leverage Part 3: Strategy and Risk Management)”
I think I will seriously enter into the diversified investment discussed in Part 1. It’s about diversifying risk to raise profits, or raising profits through risk diversification? I plan to touch on risk awareness since I’ve started writing the articles. I intended to publish within this week, but I will publish before September.
I think it will be released by September. lol.
Monday is Labor Day and the US is closed. It should be okay to start around Wednesday.