5/13 Foreign exchange options, signal delivery result: win
11 o'clock expiry and 1 p.m. expiry - I won with USD/JPY.
There is no such thing as a volatile market all year long;
most of the time, about 20-30% is trend, 70-80% is range.
Trading is a rule to place bets when the conditions for winning are met.
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 109.80 yen higher and won
13 o'clock expiry - USD/JPY - entered at 109.66 yen lower and won
This week’s results up to now: 2 wins, 0 losses
Please see how to use signals here: Here
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To win with FX options, you need at least the following knowledge.
Can you trade in the market without weapons?
Would you challenge a lion bare-handed?
(Example 1)
Look at the USD/JPY range chart and provide a buy/sell strategy.
Look at the USD/JPY trend chart and provide a buy/sell strategy.
Look at the USD/JPY sideways chart and provide a buy/sell strategy.
(Example 2)
What preparations do you make before trading?
(Example 3)
Describe the conditions under which USD/JPY is easier to win.
(Example 4)
Describe the times when USD/JPY is easier to win and harder to win.
(Example 5)
Describe dates and times when USD/JPY tends to fall.
(Example 6)
Describe reasons why USD/JPY goes up or down apart from technical analysis.
(Example 7)
The Dow Jones is significantly down. What strategy would you develop?
(Example 8)
Provide three concise situations where the price of a forex option approaches 1,000 yen.
(Example 9)
Provide two concise descriptions of situations when FX options enter recovery mode.
There are many other necessary knowledge areas, but
without the above knowledge, winning is difficult.
Winning in the market without weapons is virtually impossible.
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