20180102 Short-Term Scenario
2019 Early Scenario
The dollar/yen was approaching the round number of 110 yen (the so-called zero-zero point), so I didn’t outline a selling scenario around that area (explanation provided when the scenario was posted), but it easily broke below it.
I won’t regret that I should have sold.
In the end, being right about the outcome happens often in the market.
However, you must not judge by the result.
If there is a potentially important level that people are watching, it’s worth noting, so you don’t have to act around it.
The easier places where there is nothing that draws attention are easier to base a scenario on without hesitation.
Don’t try to take everything.
Choose the simplest parts to strictly focus on.
One of my favorite sayings.
Taking the difficult parts is not what a pro does
A pro takes the easy parts easily
Let's aim for the easy parts.
Trading is decided by the scenario.
What you actually trade is only following that scenario (plan).
If you trade with emotions, you will lose in the market.
Only trade that which you have planned in advance.
So, today’s short-term scenario is.
Let’s examine from the higher time frames first, carefully.