2/13 Foreign exchange options, signal delivery result: Win
In a calm movement
I won with the 11:00 expiry and the 13:00 expiry - USD/JPY.
There cannot be a year with constant fierce market,
the market is 20-30% trends and 70-80% ranges.
Trading is about making a decisive move when the conditions are favorable.
If you don’t understand this, you probably won’t ever win in trading.
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Today's results
11:00 expiry, USD/JPY, entered at 110.40円 weaker, won
13:00 expiry, USD/JPY, entered at 110.40円 weaker, won
This week's record so far: 6 wins, 1 loss
For how to use signals, please see here.
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To win in FX options, you need at least the following knowledge.
Can you trade in the market without any tools?
Would you challenge a lion bare-handed?
(Example 1)
Look at the USD/JPY range chart and describe your buy/sell strategy.
Look at the USD/JPY trend chart and describe your buy/sell strategy.
Look at the USD/JPY flat/sideways chart and describe your buy/sell strategy.
(Example 2)
What preparations should you make before trading?
(Example 3)
Describe conditions under which USD/JPY tends to win.
(Example 4)
Describe times when USD/JPY tends to win and times when it’s hard to win.
(Example 5)
Describe dates and times when USD/JPY is likely to fall.
(Example 6)
Describe reasons USD/JPY rises or falls beyond technical analysis.
(Example 7)
The Dow Jones is plunging. What strategy would you adopt?
(Example 8)
Briefly provide three scenarios where the purchase price of FX options approaches 1,000 yen.
(Example 9)
Briefly provide two situations when FX options enter a recovery mode.
There are many other necessary knowledge areas, but
without at least the above knowledge, winning will be difficult.
Winning in the market without weapons is almost impossible.
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~Weapons for winning in the market~
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