[Buy Signal Anyone Can Understand] A special trading method that only works in the morning Japan time: Morning scalping using the movement of the fixing rate and horizontal lines [Takami Murai]

Profile of Yumeko Muraki

Chairman of the Board of Directors of the Japan Trader Coaching Association, President and CEO of Excellent Horse, and principal of Super Trading School REED. A pioneer of “NLP Trading,” teaching modeling methods of top traders worldwide based on NLP psychology, and an active system trader. Works nationwide as a coach specializing in traders and as a guide to investment methods. Involves writing, lectures, seminars, etc. Certified Technical Analyst (CMTA) by the NPO Japan Technical Analysts Association, and Master Practitioner certified by the U.S. NLP Association.

Key Points of the Strategy

• Technical: Horizontal lines
• Trading timeframes: 1-minute chart, 5-minute chart, 15-minute chart
• Target currency pair: USD/JPY
• Advantages of this strategy: can earn in a short time by利用ing the movement of the fixing

Time-fixed trades that target dollar buying before the fixing

New

• Prepare to trade after 9 o’clock on the last business day of the month. Draw a horizontal line at a high on longer timeframes such as the 15-minute chart
• After the horizontal line is clearly broken upward, buy on the 1-minute or 5-minute chart

Settlement

• Around 9:55, when the fixing is determined, take profit if profits are available
• If it reverses and falls after breaking the horizontal line, cut loss

※This article is a reprint/edit of FX攻略.com July 2019 issue. Please note that market information described herein may differ from current market conditions.