【Idle full-time trader's trade analysis】How to earn a monthly income from the market
One day of the N-Method
It's the pound-yen pair.
I bet down on the third time's expansion, hoping for a break below.
Let's look at the daily chart.
I took profit at midnight with 70 PIPS.
Only 70 PIPS... When volatility is this low, I wonder if it will really go down, but I'll refrain from predicting (lol).
This is the 4-hour chart.
This is a retracement sell from the middle band.
This time I entered with discretionary entry of the N-Method. The key is the moving averages.
Next is the 30-minute chart.
The moving averages have tilted, and considering the higher timeframe as well, there are upper wicks, so there are many entry points by candle pattern.
People who are afraid of a pullback in such places and cannot enter will seek safety and certainty and end up losing.
Next is the weekly chart.
There is a gap between the 2-sigma lines. Will it try to fill that gap?
Monthly chart
There is also a gap between the 2-sigma lines here; it might aim for new lows again.
Now, let's do our best.
【Attack is the best defense】 N-Method is here↓↓
https://www.gogojungle.co.jp/tools/ebooks/22300