【Method Explanation】September net income +958,140 yen, +811 pips【Outlook】
Good evening, this is a barber.
September's results were +958,140 yen, +811 pips.
Details of the performance are as follows.
September started with waiting for the right trading timing, but once the chance came, we were able to achieve substantial profits. Among them, the most successful trade was AUD/JPY, which I also introduced in the previous Investment Navigator. For those who haven't seen it yet, I will provide a recap here.
The chart below is the 1-hour chart of AUD/JPY (no indicators are displayed).
① Based on the method, recognize the environment and wait for a setup judged by indicators.
② After 9/5 16:00 (JST 22:00), EA placement judgment becomes possible.
③ Determine entry line and exit line, and place the EA.
④ 9/6 8:00 (JST 14:00) breakout occurs.
⑤ The EA automatically enters and closes at the profit-taking line (although not shown, stop-loss is also properly set).
⑥Quickly confirm that there is no change in the environment recognition, then againwait for the setup judged by indicators.
⑦ After 9/10 0:00 (JST 6:00), EA placement judgment becomes possible again.
⑧ Determine entry line and exit line, and place the EA.
⑨ 9/10 18:00 (JST 00:00) breakout occurs.
⑩ The EA automatically enters and closes at the profit-taking line.
※Afterward, on the 1-hour chart, it appears that a breakout occurred at the resistance-support line, but the price did not extend, and it rose to a higher high without touching the low. The breakout at that time did not trigger EA placement judgment by the method.
How was it?
As a feature of the method,there is relatively ample time to act. This time,even if you set the EA a few hours after the placement judgment, you still have enough time. Also, the EA placement judgment by indicators is easy to understand at a glance, so beginners have no problem.
By selecting currencies based on environmental recognition and placing the EA, you can gain time and mental ease, which suits my part-time lifestyle and is very handy. Environmental recognition does not change in direction every day, so it does not create a heavy burden. And most notably, profits are large on average and win rate is high, which is nice (*´ω｀*).
Used method → 【Break Out Method Dominat】
Now, changing the subject, here is the outlook.
Recently, after the Liberal Democratic Party leadership race, the yen briefly tilted toward appreciation, but Prime Minister Ishiba stated that, regarding the meeting with the current Bank of Japan Governor, “there is no environment for further rate hikes at present,” and the market reacted, sending USD/JPY high around 144 and beyond.
Also, Chairman Powell of the Fed expressed a skeptical view of substantial rate cuts at this time, but maintained a data-driven stance, saying, “ultimately, it will be guided by the incoming data.” In response to these remarks, the likelihood of a 50bp rate cut at the November FOMC has dropped from just over 50% to just over 30%. If future economic indicators suggest further deterioration in the U.S. labor market, the expectation for a significant rate cut in November could rise again.
Also, geopolitical risks in the Middle East are leading to mixed dollar and yen buying, so environment recognition that takes this into account is necessary. Iran attacked Israel directly in April this year as well, and in that case Israel's retaliation targeted a limited number of Iran's air bases, so the market impact was not widespread. We should keep an eye on how Israel responds this time.
In any case, I intend to trade calmly while recognizing the environment and the breakout signals according to the method.
～～～～～～～～Summary of the features of this method～～～～～～～～～～
① By viewing a certain indicator from a perspective different from the original method, you can visually easily spot the signs of a breakout。It is completely based on an original way of thinking and not described in any literature.
② Not just a simple ranging market, but it can adapt to trending markets, soit results in significantly more trading opportunities 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.
③ An environment recognition method that strongly supports breakout methods exists. A profitable breakout method is not simply about finding a range. By performing environment recognition that matches the breakout method, you can prevent drawbacks and leverage the advantages. The product's special附録 includes concrete explanations from the developer's perspective so that beginners can perform environment recognition and trading from the same viewpoint.
④ When you detect a breakout sign, simply installing the original EA will automatically complete entry to exit without even looking at the chart. If you think, “Can I trade with limit orders without looking at the chart?”, be careful of false breakouts!
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Thank you for viewing until the end.
Used method → 【Break Out Method Dominat】