I am a infrastructure engineer in Tokyo in my 20s. I started FX at 18 and am still doing it part-time.
I haven’t had a monthly deficit in profits and losses for over six years.
When I first started FX, I used a lot of indicators and got drained by various so-called "methods" you see on the internet. Looking back now, I would contact people who clearly weren’t making money (“this guy isn’t winning at all, right? haha”) and have them teach me indicator setups and entry timing for a few ten thousand yen. Those times feel nostalgic. haha
Since the rise of cryptocurrency trading, the days when everyone flooded the screen with indicators to show off their wealth have faded, and it feels like skilled traders have increased. The common trait among those skilled people is that their charts are incredibly simple. I didn’t understand how it was possible to make good entries using only candlestick charts, but the reason was price action.
By analyzing the shape of candlesticks alone and how they move toward the time when the pattern forms, you can determine the market direction. Focusing on that, I watched charts like crazy until I started winning unintentionally.
However, simply entering based on textbook candlestick patterns still doesn’t guarantee success; by incorporating price action and doing thorough multi-time-frame analysis, entry points become better and the sense of direction becomes more accurate. It also leads to faster transitions from paper gains to actual profit.
I’ve worked hard to compile a text that covers discretionary trading with price action × multi-time-frame analysis, and I hope as many people as possible will read it and start winning!
Thank you in advance!