Foreign exchange options on 5/9, signal delivery results: win
It was a difficult-to-follow development, but
I entered because the pricing was not at bogus rates.
I won with the 11:00 expiration and the 13:00 expiration in USD/JPY.
There is no such thing as a year-round fierce market,
the market is 20-30% trend and 70-80% range.
Trading is to risk your money when the conditions for winning are in place, which is the iron law.
If you don’t understand this, you will never win in trading.
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Today's results
Win with 11:00 expiration, USD/JPY, entry at 110.15 rise
Win with 13:00 expiration, USD/JPY, entry at 110.08 rise
This week's results so far: 6 wins, 0 losses
Please see the [How to Use Signals] here: Here
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To win in currency options, you need at least the following knowledge.
Can you fight the market without any weapons?
Would you challenge a lion bare-handed?
(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 side-by-side chart and provide your buy/sell strategy.
(Example 2)
Describe what to prepare before trading.
(Example 3)
Explain the conditions under which USD/JPY is easier to win.
(Example 4)
Explain the times when USD/JPY is easier to win and when it is harder to win.
(Example 5)
Explain the dates and times when USD/JPY tends to fall.
(Example 6)
Explain the reasons USD/JPY goes up or down outside of technical analysis.
(Example 7)
The Dow Jones is significantly down. What strategy should you formulate?
(Example 8)
Please briefly give three scenarios where the purchase price of a currency option approaches 1,000 yen.
(Example 9)
Please briefly give two scenarios when currency options are in the recovery mode.
There are many other needed knowledge areas, but
without at least the knowledge listed above, winning will be difficult.
Winning in the market without weapons is nearly impossible.
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