Breakout Method Explanation 9/12–13 +112,630 yen +115 pips 【USD/JPY Outlook】
Hello, this is a barber shop(*´ω｀*)
Today as well, I would like to explain the process of making a profit while looking at actual charts.
This is the USD/JPY 1-hour chart (no indicators are displayed).
① Recognize the environment based on the method and select USD/JPY currencies from the indicators.
② The breakout decision confirmed by the indicators was at MT4 time 9/12 20:00.
③ Since I was sleepy, I judged that the decision would be confirmed about 2 hours earlier, so I set up the EA and went to sleep.
＊In normal circumstances, it is safer to wait for confirmation, but based on the environmental recognition, I judged the advantage to be high and attempted to place the EA. By the way, recently I am referring to some new data to verify the entry line. I plan to continue verification and, if it is judged highly advantageous, to add it to the product.
④ After placing the EA, the breakout occurred within a few hours and continued to gain momentum reaching the take-profit line.
The result turned out as follows.
I will write a detailed article later, but for now this month the win rate is 100% and substantial profit has been made.
The reasons are: there is almost no abrupt change in the flow and the market is moving as anticipated by environmental recognition; the conditions necessary for a breakout including indicators are in place; and we are able to choose high-advantage currencies reliably.
Used method → 【Brake Out Method Dominat】
＜Future prospects＞
USD/JPY fell to the low 140s briefly. The market is focused on next week's FOMC, and although a 0.25% rate cut is seen as likely, there is renewed possibility of a substantial 0.50% cut.
Some reports say FOMC members are unsure about the size of the cut, and former NY Fed President Dudley’s remarks at a forum that “there is strong justification for a large rate cut. If it were me, I’d know what I would ask for” have heightened expectations.
On the other hand, based on recent US employment data and inflation indicators, the likelihood of a recession is not justified within a slowdown, and many voices say a large cut next week is not necessary.
Next week, following the FOMC, the Bank of Japan policy meeting is also scheduled. While a hold is widely expected, if Governor Ueda shows a stronger desire for additional hikes than before, there is a risk of yen appreciation. The market has not priced in a strong possibility of BOJ rate hikes within the year, so if the BOJ becomes more hawkish about rate hikes, the yen is likely to strengthen.
As shown above, the market moves up and down mainly due to a rate-cut focus, but the overall direction seems unchanged. However, as seen in this case, significant breakouts and pullbacks can occur in the forecast stage, and there will likely be many more breakout opportunities. Going forward, I will continue to place EAs calmly while watching for breakout signals alongside environmental recognition to maximize profits.I will continue to monitor breakout signals with environmental recognition and steadily place EAs to grow profits.
～～～～～～～Summary of features of this method～～～～～～～～～～
① By viewing one indicator from a perspective different from the original method,you can visually easily spot the precursor to an upcoming breakout。It is completely based on an original idea and is not described in any literature.
② It can be applied not only to range markets but also to trending markets, sothe number of trades is vastly higher than typical breakout methodsthe number of trades is vastly higher than typical breakout methods. It is a day-to-swing style method, yet there is a track record of about 75 trades in two months.
③There is a powerful environmental recognition method that supports breakout methods. A profitable breakout method does not simply find a range. If you perform environmental recognition that matches the breakout method, you can prevent drawbacks and leverage advantages. The product's special appendix includes具体的なexplanations from the developer’s perspective, helping beginners perform environmental recognition and trading from the same viewpoint.
④ When you find a breakout precursor, simply installing the original EA completes entries to exits automatically without looking at the chart. If you think you can trade with limit orders without looking at the chart, be careful of being trapped by breakout traps!
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Thank you for reading until the end.
Used method → 【Brake Out Method Dominat】