Trading Team Ancient Ways of Earning｜Episode 5 4 Years Without Losing!! Long-Term Repeat Trading How to Choose Currency Pairs PART I [Okachanman]
Okachanman Profile
Born in Fukuoka Prefecture in 1980. Hobbies are news search and going out for drinks. Specialty is not sleeping. Started FX in 2011, and now lives a comfortable life as a full-time trader. Has strong intellectual curiosity and exceptional information gathering and analytical abilities. Recognized by the “Inishie Trading Team” and became a core member of the team. Skilled in swing trading based on fundamentals analysis.
Inishie-style FX Blog:Fundamentals Trade
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※ This article is a republished/re-edited version of an article from FX攻略.com, April 2019 issue. Please note that the market information described in the main text may differ from the current market.
Choose Currency Pairs Carefully
One important aspect of long-term repeat-type trading strategies is how to select currency pairs. If you can choose currency pairs with a lower probability of loss, you’re already halfway to success. I select only currency pairs that meet strict criteria. All criteria are met by cross Francs.
Condition 1. Positive swap rate
Long-term repeat-type trading assumes holding unrealized losses for a long period, so it’s important to continue earning profits during that time. Therefore, you need currency pairs with a positive swap rate, but which currency pairs have high swap rates? Basically, selling low-interest-rate currencies and buying high-interest-rate currencies yields a positive swap.
