Trade Coach Max Communication No.26 ~ Friday (Employment Statistics Day) USD/JPY 5-minute chart with 2 wins via predictive RCI / breakout!
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Trading CoachMaxhere.
This1 week has also become a volatile period for USD/JPY.
It has approached the low of 8month5day, so tomorrow (Monday) should see interesting price movement, and I personally plan to be ready from early morning (laugh).
Now, when price movement is clear, it is time to earn with breakout logic.
This Friday (employment data release day),30minute chart conditions did not quite meet the criteria, but5minute charts invoked RCI Basic breakout logic many times in advance.
The image below is USD/JPY5 minute chart.
For positions held before the payroll data release, it would have been safest to close them at the bar indicated by the Samu Mark (before the payroll release), but if someone had cut profits during the sharp rise at the release, that would have been even better.
A moving market is easily traded with oscillators, so consider it a time to profit.
Next week, I will show the performance of everyone at the end of the just-completed “Trend-following Master Program”.
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First of all, everyone should start with pre-readingRCI/pre-readingRCI Basicto truly learn how to use oscillators.
Max
※NextMaxnewsletter will be posted next weekend.
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