2/21 Foreign exchange options, signal delivery results: win
In relatively calm movements
we won at 11:00 expiry and at 13:00 expiry for USD/JPY.
I’m taking profits via scalping.
Depending on the scenario, I may scalp for a while.
The market is never completely volatile all year;
roughly 20-30% is a trend, 70-80% is a range.
Trading is a rule to place bets when the conditions to win are met.
If you don’t understand this, you’ll probably never win in trading.
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Today's results
11:00 expiry, USD/JPY, entry at 110.85 up, won
13:00 expiry, USD/JPY, entry at 110.82 up, won
This week’s results up to now: 8 wins, 0 losses
Please see “How to use signals” here: Here
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To win with FX options, you need at least the following knowledge.
Can you trade in the market without weapons?
Would you challenge a lion bare-handed?
(Example 1)
Please look at the USD/JPY range chart and provide trading strategies.
Please look at the USD/JPY trend chart and provide trading strategies.
Please look at the USD/JPY sideway chart and provide trading strategies.
(Example 2)
What preparations do you make before trading?
(Example 3)
Please describe the conditions under which USD/JPY is likely to win.
(Example 4)
Please describe the times of day when USD/JPY is easier to win and harder to win.
(Example 5)
Please describe dates and times when USD/JPY tends to fall.
(Example 6)
Please explain reasons USD/JPY goes up or down besides technical analysis.
(Example 7)
The Dow Jones is falling sharply. What strategy would you propose?
(Example 8)
Provide three concise scenarios where the price of foreign exchange options approaches 1,000 yen.
(Example 9)
Provide two concise scenarios when FX options are in a recovery mode.
There is a lot more knowledge needed, but
without at least the above knowledge, winning is difficult.
Winning in the market without weapons is nearly impossible.
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