7/18 Foreign exchange options, signal delivery results: win
11 o'clock expiry and 1 p.m. expiry - I won with USD/JPY.
There is no such thing as a market that is intense all year round;
about 20-30% of the market is in trend, 70-80% is in a range.
Trading is best done by taking a risk when the conditions for winning are in place.
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 high at 108.00 and won
1 p.m. expiry - USD/JPY - entered high at 107.85 and won
This week's results up to now: 6 wins, 0 losses
Please see 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 in the market without weapons?
Would you challenge a lion bare-handed?
(Example 1)
Please review the USD/JPY range chart and tell your buy/sell strategy.
Please review the USD/JPY trend chart and tell your buy/sell strategy.
Please review the USD/JPY flat/sideways chart and tell your buy/sell strategy.
(Example 2)
Please describe what preparations you make before trading.
(Example 3)
Please describe the favorable conditions for USD/JPY.
(Example 4)
Please describe the times when USD/JPY is easier to win and harder to win.
(Example 5)
Please describe dates and times when USD/JPY tends to go down.
(Example 6)
Please explain reasons why USD/JPY rises or falls outside of technical analysis.
(Example 7)
The Dow Jones is falling sharply. What strategy would you adopt?
(Example 8)
Please briefly list three situations where the purchase price of a currency option approaches 1,000 yen.
(Example 9)
Please briefly describe two situations when currency options are in a recovery mode.
There is a lot of other knowledge needed as well, but
at minimum, the knowledge listed above is essential to win.
Winning without weapons in the market is almost impossible.
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