【暇な専業トレーダーのトレード解説】How to earn a monthly income from the market

One day of the N-Method

It's the pound-yen pair.

It bounced from the monthly support.

Additionally, the Bollinger Bands are in a tight squeeze on the daily chart as well, making the market ping-pongy.

In my main trading, I passed on this rally.

Looking back, I think I should have entered.

I still had the bad habit of thinking, reasoning, and rule-following to win “safely, securely, and reliably.”

Instead, I shorted at the top and closed the position around -1 sigma on the 4-hour chart in the early morning around 5 o’clock.

That’s why my schedule is almost a day-and-night reversed lifestyle. Of course, there are times when it moves during Tokyo hours as well.

Because volatility is high, there are still many PIPs, but in my main job the stop loss is tight, so the stop is very close.

This is the downside of trading in a high-volatility market: even if the direction is correct, a timing error can easily trigger a stop.

On the daily chart.

The pin bar is forming and the opposite band is closing in.

This is the so-called “ping-pong” state, but it often retraces significantly.

The market needs a breather.