Trading is determined by the scenario! The importance of environmental awareness and the scenario

This time, I will explain a trade where I could gain 100 pips or more in the GBP/USD pair.

I have already explained the trading below, but

20190107 (Mon) FX Trade

20190108 (Tue) FX Trade



Enter, let profits run, add to the position, and take profit.

There are many important elements in trading, but what is the most important?


That is,

Environmental recognition and scenario

.


There is a buy opportunity from the blue line to the red line, i.e., there is environmental recognition and a scenario that you can buy and move forward.



That is why I was able to enter the trade.

Because that exists, I can recognize that even if it dips a bit, it’s a chance to add to the position and increase the position.


Everything hinges on environmental recognition and scenario.


A professional who I know said this.

“As you get used to it, the scenario tends to be neglected.”

This is something I decided I should be careful about, too.

Trading is determined by the scenario!


I drew the scenario this Sunday. I drew it very carefully and thoroughly.

I think the trades were the result of that.


So, I will explain the key points of the GBP/JPY environmental recognition and scenario.

The scenario that was posted on Sunday was below. It largely followed the scenario.