4/3 USD/JPY entry point
Yesterday's USD/JPY moved a lot.
This method is purely technical, so we do not refer to fundamental news or expert forecasts.
If you start thinking about which way it will go by watching tariff talk or Trump remarks, your trading will become unstable, so first just look at the chart in front of you and trade faithfully.
In markets with high volatility like yesterday, the spread can be offset easily, so it is effective even on a 1-minute chart.
First, the initial move of the decline shows a momentary rise just before the fall.
In this method, you do not buy on this rise.
This does not meet the conditions on either the 1-minute or the 5-minute chart, so skip it.
In other words, these so-called “false breaks” that rise briefly and then fall can generally be skipped.
From the subsequent initial down move, the conditions begin to align, so if you proceed calmly, it was an easy trade.
We have captured this much on the 1-minute chart, so you can see how effective high volatility markets are.
When there is this level of volatility, we only trade in “moving markets.”
This is also noted in the manual.
The downtrend continues, but as the session progresses, the number of pips gained becomes smaller.
When the market settles, do not force trades; watch more strictly.
In the final blue zone, preparation is already underway to switch from selling to buying perspective.
This time, the buying conditions did not align, but since there is no entry for selling here, you can avoid wasteful trading.
The characteristic of this method is that you can fix your viewpoint.
This is a major gain for a trader.
End
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