[5.27] Avoidable by logic! USD/JPY entry points (importance of reducing losses)
[5.27] Avoidable with logic! Entry points for USDJPY (importance of reducing losses)
Note: This is not all daily trade points, but a presentation within a certain time period. Some indicators are also removed from the method
Two left arrows
Where you can enter based on the method’s logic
Right × arrow
In situations like this
Looking only at candlesticks may make it a bit hard to judge, but
you can see that momentum is waning through the logic, so you should avoid entering
On this day, there weren’t many other moves,
If you had entered here and it hit your stop loss, your total profit would be in jeopardy
Make the total profit positive
Leave overall profits
Therefore, you need to avoid these kinds of wasted entries
If you can make proper stop losses, you can earn more
On the other hand, what if you could reduce even a little loss from the start?
Since you want to be overall positive and earn, of course you want to reduce negatives
Increase positives, and at the same time, reduce negatives
This is absolutely necessary to make money
A method that reduces losses and makes stop losses easier provides more peace of mind
The method in practice is here
My current method, based on my teacher’s two methods
(A currency strength filter can be added here)
★★Aiming for +10 pips per day, 1,000,000 yen per month (2–5 hours of trading per day)★★
What is the publicly available “New Life FX Method”
A 1-minute FX method practiced by professionals★ Explained with smartphone chart images
↓
https://www.gogojungle.co.jp/tools/ebooks/76385
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