【High win rate, high profit - Method explanation】October +862,208円 ＋777.3pips
Good evening, this is Tokoya-san (*´ω｀*)
We have passed the halfway point of October, how are your trades going?
【Break Out Method Dominant】The current trading history and results are as follows.
This month there were almost no losses, and the PF posted an extraordinary figure.
Although the number of trades is not high at 15, by carefully selecting currencies and entry timing using the method, we achieved a high win rate and high profits. The working time is less than 1 hour per day, making it a highly cost-effective trading style in terms of time as well.
I would like to explain the actual trade with the largest profit this month using charts.
This is the GBP/JPY 1-hour chart (no necessary indicators are displayed).
① Based on the method, perform environmental recognition and wait for the setup judgment from indicators.
② After 10/4 4:00 (Japan time 10:00), EA setup judgment becomes possible.
③ Determine the breakout line and settlement line, and set up the EA.
④ 10/4 15:00 (Japan time 21:00) breakout confirmed.
⑤ EA automatically enters and exits at the take-profit line (though not shown, a stop-loss is also properly set).
How was it?
Key features of the method include relatively large time flexibility. This time as well there was about a 10-hour grace period after the EA setup judgment, during which the EA could be set. If you read the method, the EA setup judgment from indicators is easy to understand at a glance, so even beginners have no problems.
Simply select currencies based on environmental recognition and set the EA, which provides mental and time leeway, fitting well with my side-business lifestyle and proving valuable. Environmental recognition does not change in a large way every day, so it does not pose a heavy burden. And moreover, the profits are large on average and the win rate is high, which is also a pleasant point (*´ω｀*)
Used method→【Break Out Method Dominant】
Now, changing the subject, the future outlook.
With few new clues, the market expects a move higher as upper levels weigh on it. On the other hand, since the results of economic indicators showing the U.S. economy's strength have piled up since the beginning of this month, expectations that the Federal Reserve’s pace of rate cuts will slow have grown stronger. In that sense, there is little room for long-term U.S. yields to fall, and the current direction seems to continue unless there is a reversal signal. If there is news or expectations that surprise the market, there is a breakout opportunity. The U.S. presidential election currently looks like Trump may win, which could move further toward the yen appreciating. Also, on the 24th, a speech by Bank of Japan Governor Ueda is scheduled, so it will be necessary to pay attention to market movements considering these factors.
Although the possibility of verbal intervention from the Japanese government to curb yen weakness cannot be denied, there is also a chance to target breakouts from a pullback. In any case, let's properly perform environmental recognition for the method and clearly identify breakout signals from indicators.
～～～～～～～～Summary of the method's features～～～～～～～～～～
① By observing a certain indicator from a viewpoint different from the original method,breakout signals can be found visually and easily. It is based on an entirely original concept and is not written in any literature.
② Not only in range-bound markets but also adaptable to trend markets, sothe number of trades is far higher than common breakout methodsthe number of trades is far higher than common breakout methods. It is a day-to-swing style method, yet there is a track record of about 75 trades in two months.
③ There is a powerful environmental recognition method that supports breakout techniques. A profitable breakout method does not simply identify a range. If you perform environmental recognition appropriate for breakout methods, you can avoid disadvantages and maximize advantages. The product's special appendix includes practical explanations from the developer's perspective, helping beginners perform environmental recognition and trading from the same viewpoint.
④ When you find a breakout signalinstall the original EA and automatically complete entry to exit without looking at the chart. If you think you can trade using limit orders without looking at the chart, beware of breakout false signals!
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Thank you for reading to the end.
Used method→【Break Out Method Dominant】