If horizontal lines aren't working for you in FX trading, you must see this! First of all, that's not the problem.
It's Kaerun 🐸
It's become a delicious season for hamburger steaks, but how is everyone doing?
Huh? Horizontal lines don't work in FX? Is that why you can't win at FX?
I see. It seems I shouldn't be stuffing my face with a second 7-Eleven Gold Hamburger steak either.
Well then, shall we begin? Kaerun's 'I want to know this about FX!' (...I made it into a segment on my own. It sounds like an information program, which is nice, right?)
FX, drawing a horizontal line

Let's assume you drew it like this. Whether this is a correct horizontal line or not doesn't matter at this point.
The problem is this,
What kind of horizontal line do you think this is?
Huh? A bit chubby but cute?
No, no! Geez! I'm not talking about me right now, okay?
FX! Look at the chart, look at the chart.
(*I am truly sorry for the annoying tone. I will go to the town office to apologize later if I can...)
Back to serious business.

When you draw it like this, I think you drew it thinking it would function as a support line. But of course, there are times when it doesn't bounce and just breaks through.
So, which is it!
Naturally, you can't tell for sure right now.
But it seems to have worked as support many times before, so maybe it will bounce again... but then again, what if it breaks through...
Let's watch it little by little.

This is it! Should I just go for a buy! Right!


Oh dear...
Yes, if you think about it calmly, from here

You should be switching to a strategy like this and aiming for a sell on the rebound, but

By the time it gets to around here, the horizontal line is already forgotten.
Buy from here, buy, buy, buy!
No, you can't just buy.

Right now, as you read this article in a relaxed state, you can logically think, 'Of course you'd aim for a sell on the rebound.'
However, in the heat of the moment, you might panic, or get emotional thinking 'Why!' when your prediction is betrayed.
This is one of the reasons why horizontal line trading doesn't go well.
Or rather, I wonder if there are many people who don't do well with this pattern.
You know, the reason you get stuck in a loop of constant losses is that even when horizontal lines don't work for you, when you look at online media,
everyone talks about horizontal lines, horizontal lines, horizontal lines, like they're their sworn enemy.
What is this horizontal line stuff! → I'll try something else, fine. → I'm still losing, maybe I'll watch YouTube. Oh! It is horizontal lines after all! → What is this horizontal line stuff! → ...loop
I was the perfect example of this. That's why I started trading mainly using[FX] Almost non-discretionary trading. Completely thoughtless, completely logical FX trading, an FX method safe even for beginnersorHabit-based 3-line FX trading.
I remembered that instead of looking for horizontal lines, it would be better if I could just find a way to reach the points where everyone draws them using a non-discretionary approach, and that's how I arrived at my current style.
Please feel free to use this as a reference.
All-article summary magazine for FX methods
♦FX Strategy. FX Trading Method Magazine
Magazine-exclusive articlesare also available!!
Click here for binary options methods.
All-article summary magazine for binary options methods
♦Binary Strategy. Binary Options Method Magazine
Single articles
♦Habit-based 3-line FX trading | Kaerun@Applied FX Trader | Binary Options | Former Financial Web Writer |
♦[FX] Almost non-discretionary trading. Completely thoughtless, completely logical FX trading, an FX method safe even for beginners | Kaerun@Applied FX Trader | Binary Options | Former Financial Web Writer |
♦[FX] FX, Gold Mental Fortitude Extraordinary Method | Kaerun@Applied FX Trader | Binary Options | Former Financial Web Writer |
Click here for Binary Options
Self-made tools for MT5
FX, EA for Discord entry status notification "DiscordEntryAlertK" for MT5
That's all for today's article.
I will continue to share useful information about FX and other topics with everyone, ribbit. I'd be happy if you could "like" or follow the article if you'd like. See you tomorrow✋
My website, Kaerun🐸, is now live!
It's a very cute site. Who knows, maybe site-exclusive information will pop up in the future!?
Be sure to visit the site and bookmark it while you can♪
Kaerun@Simplified FX Trader - Making difficult things easy! -
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