FX options on 3/12, signal delivery results: win
11 o'clock expiry, 13 o'clock expiry, and 15 o'clock expiry - I won with USD/JPY.
I’m extracting profits via scalping.
Depending on the setup, I may continue scalping for a while.
There is no such thing as a market that is intensely volatile all year long,
the market is about 20-30% trending and 70-80% in a range.
The iron rule is to enter trades only when the favorable conditions for winning are in place.
If you don’t understand this, you will probably never win in trading.
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Today's results
11 o'clock expiry - USD/JPY - entered at 111.20 yen weaker and won
13 o'clock expiry - USD/JPY - entered at 111.28 yen weaker and won
15 o'clock expiry - USD/JPY - entered at 111.48 yen stronger and won
This week's results up to now: 4 wins, 0 losses
【How to use signals】 please refer to here here.
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To win with foreign exchange options, you need at minimum the following knowledge.
Can you fight the market without any weapons?
Would you challenge a lion barehanded?
(Example 1)
Please look at the USD/JPY range chart and provide a trading strategy.
Please look at the USD/JPY trend chart and provide a trading strategy.
Please look at the USD/JPY flat/sideways chart and provide a trading strategy.
(Example 2)
Please describe what preparations you make before trading.
(Example 3)
Please describe the conditions under which USD/JPY tends to win.
(Example 4)
Please describe the times of day when USD/JPY tends to win and when it tends to lose.
(Example 5)
Please describe dates and times when USD/JPY tends to go down.
(Example 6)
Please explain reasons why USD/JPY goes up or down beyond technical analysis.
(Example 7)
The Dow Index is drastically down. Please outline what strategy you would implement.
(Example 8)
Please briefly provide three situations where the purchase price of forex options approaches 1000 yen.
(Example 9)
Please briefly describe two situations when forex options enter a payoff recovery mode.
There are many other necessary knowledge areas, but
without the above minimum knowledge it is difficult to win.
Winning in the market without any weapons is almost impossible.
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