5/17 Foreign Exchange Options, Signal Delivery Results: Win
11 o'clock maturity—made money with USD/JPY.
A market cannot be extremely volatile all year round;
about 20-30% of the time is trending, 70-80% is in a range.
Trading is best done by taking on positions when the conditions for success are met.
If you don’t understand this, you probably won’t be able to win at trading for life.
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Today's results
11 o'clock maturity—USD/JPY, entered at 109.75 with a bearish move and won
This week’s record up to now: 8 wins, 1 loss
Please see the here for how to use signals.
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To win with forex options you need at least the following knowledge.
Can you trade in the market without any tools?
Would you challenge a lion with your bare hands?
(Example 1)
Look at the USD/JPY range chart and provide your buy/sell strategy.
Look at the USD/JPY trend chart and provide your buy/sell strategy.
Look at the USD/JPY sideways chart and provide your buy/sell strategy.
(Example 2)
What preparations do you make before trading?
(Example 3)
Describe the conditions under which USD/JPY tends to win.
(Example 4)
Describe the times of day when USD/JPY is more likely to win and less likely to win.
(Example 5)
Describe dates and times when USD/JPY tends to fall.
(Example 6)
Explain reasons why USD/JPY moves up or down outside of technical analysis.
(Example 7)
The Dow Jones is significantly falling. What strategy would you adopt?
(Example 8)
Provide three concise conditions when the forex option purchase price approaches 1000 yen.
(Example 9)
Provide two concise situations when forex options are in a recovery mode.
There are many other necessary knowledge areas, but
without at least the knowledge listed above, winning will be difficult.
Winning in the market without tools is almost impossible.
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~The weapons to win in the market~
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