2/7 Foreign Exchange Options, Signal Delivery Results: Win
In the movements that have arrived
At 11, at 13, at 15 I won with USD/JPY expiring.
There is no such thing as a market that is intense all year round;
about 20-30% of the time the market is in a trend, 70-80% of the time it is in a range.
Trading is a rule to take a chance when the conditions for winning are in place.
If you don’t understand this, you will never win in trading.
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Today's results
11:00 expiration - USD/JPY - entered at 110.05 yen higher and won
13:00 expiration - USD/JPY - entered at 109.95 yen higher and won
15:00 expiration - USD/JPY - entered at 110.00 yen higher and won
This week’s record up to now: 7 wins, 1 loss
For how to use signals, please see here: here
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To win with foreign exchange options, you need at least the following knowledge.
Can you trade in the market without a weapon?
Would you challenge the lion with bare hands?
(Example 1)
Please look at the USD/JPY range chart and provide a buy/sell strategy.
Please look at the USD/JPY trend chart and provide a buy/sell strategy.
Please look at the USD/JPY sideways chart and provide a buy/sell strategy.
(Example 2)
Please state what preparations you would make before trading.
(Example 3)
Please state the conditions under which USD/JPY is likely to win.
(Example 4)
Please state the times of day when USD/JPY is more likely to win and less likely to win.
(Example 5)
Please state the dates and times when USD/JPY tends to fall.
(Example 6)
Please answer reasons why USD/JPY goes up or down besides technical analysis.
(Example 7)
The Dow Jones Industrial Average is dropping sharply. Please state what strategy you would formulate.
(Example 8)
Please briefly list three situations where the purchase price of forex options approaches 1,000 yen.
(Example 9)
Please briefly list two situations when forex options enter a recovery mode.
There are many other necessary knowledge areas, but
at minimum, the knowledge listed above is essential to win.
Winning in the market without a weapon is almost impossible.
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