3/25 Foreign exchange options, signal delivery results: win
In the midst of intense movements
I won with the USD/JPY at 1:00 PM expiry.
A market that is intense all year round is impossible;
about 20-30% of the time it trends, 70-80% of the time it ranges.
Trading is best done when the conditions for winning are in place.
If you don’t understand this, you probably won’t be able to win in trading for life.
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Today's results
1:00 PM expiry, USD/JPY, entered at 109.92 high and won
This week’s record so far: 1 win, 0 losses
For how to use signals, please see here.
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To win with foreign exchange options, you need at least the following knowledge.
Can you trade 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 your buy/sell strategy.
Please look at the USD/JPY trend chart and provide your buy/sell strategy.
Please look at the USD/JPY horizontal (flat) chart and provide your buy/sell strategy.
(Example 2)
Please describe what preparations you would make before trading.
(Example 3)
Please describe the conditions under which USD/JPY is easier to win.
(Example 4)
Please describe the times when USD/JPY is easier to win and when it is harder to win.
(Example 5)
Please describe dates and times when USD/JPY tends to fall.
(Example 6)
Please explain reasons why USD/JPY rises or falls beyond technical analysis.
(Example 7)
The Dow Jones is falling sharply. What strategy would you formulate?
(Example 8)
Provide three concise explanations of situations where the purchase price of a forex option approaches 1,000 yen.
(Example 9)
Briefly describe two situations when forex options are in recovery mode.
There are many other necessary knowledge areas, but
without at least the above knowledge, winning would be difficult.
Winning in the market without weapons is almost impossible.
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