2/27 Foreign exchange options, signal delivery result: win
In relatively calm movements
we won with 1:00 PM expiry and 3:00 PM expiry for USD/JPY.
From this week, I have been taking profits via scalping.
Depending on the development, I may scalp for a while.
There is no such thing as a highly volatile market all year round;
roughly 20-30% of the time the market trends, while 70-80% of the time it ranges.
It is a basic rule to place a trade when the favorable conditions for winning are in place.
If you don’t understand this, you probably will never win in trading.
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Today's results
1:00 PM expiry, USD/JPY, entered at 110.46 yen weaker and won
3:00 PM expiry, USD/JPY, entered at 110.48 yen weaker and won
This week's results so far: 5 wins, 2 losses
Please see “How to use signals” here: here
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To win with foreign exchange options, you need at least the following knowledge.
Can you fight in the market without any 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 sideways chart and provide trading strategies.
(Example 2)
Please answer what preparations 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 likely to win and when it is not.
(Example 5)
Please describe dates and times when USD/JPY tends to fall.
(Example 6)
Please answer reasons why USD/JPY rises or falls outside of technical analysis.
(Example 7)
The Dow Jones is significantly dropping. Please outline what strategy you would adopt.
(Example 8)
Please briefly provide three situations where the purchase price of foreign exchange options approaches 1000 yen.
(Example 9)
Please briefly provide two situations when foreign exchange options are in the 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 any weapons is almost impossible.
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