Active forex trader chats at length with the famous figure in the news Trader’s Interview｜Guest Kettie, Part 2［Traders Securities Minna no FX Iguchi Yoshio］

Kettie’s Profile

A housewife trader known for making large profits with bottom-to-top trades based on shallow stop losses. She practices and researches “side-by-side trading” daily while raising children. Her motto is to trade without being bound by common sense. Aiming to be the Emi Nunuma of the FX world, she conducts nationwide seminars that are filled with laughter and tears and practical usefulness.

Blog:https://fxketty.com/
Twitter:https://twitter.com/FXketty

Profile of Yoshiwo Iguchi

Iguchi, Yoshio. Traders Securities Market Division, Dealing Section. Certified Technical Analyst. Since 1998, he has been employed by financial institutions, mainly involved in covering and dealing in commodity markets such as precious metals and petroleum products. Since 2009, he has been with Mito FX, engaging in dealing primarily on USD/JPY and major European currencies. He is proficient in forex analysis from a fundamental perspective, and is also well-regarded for short-term forecasts using technical analysis. Recently, he has appeared in Mito FX’s free online seminars, where his easy-to-understand lectures have been well received. On Twitter, professional dealers share real opinions about the market, so it’s a must-check.

Twitter:https://twitter.com/yoshi_igu

※This article is a reprint/re-edition of an article from FX攻略.com September 2019 issue. The market information written in the main text may differ from the current market, so please be aware.

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Fundamentals are a world map, technically it’s a city map

IguchiI think Kettie mainly emphasizes technicals. What about fundamental analysis?

KettieI judge the big trends entirely by fundamental analysis. After conducting fundamental analysis, I enter if the technicals align.

IguchiWhen fundamentals are involved, the basis becomes stronger, but I feel the rules can become vague.

KettieThat’s not the case. In fact, it becomes decisive.

IguchiKettie, you teach many students FX. Is it not difficult to teach fundamentals?

KettieBasically, I have them master the technicals, and when they challenge demo trading, I study fundamentals together with them.

When I conduct courses, I often say fundamentals are the world map and technicals are the city map. For example, when traveling from Japan to famous overseas tourist destinations, you first need the world map. After arriving in the country, looking at the world map alone won’t reveal exact locations, so you need a detailed city map. I ensure to use fundamentals to read broad market trends and directions, and use technicals to determine the final entry points.

IguchiTechnical analysis clearly shows entry points, but some say fundamentals will push prices up and others say down, making it somewhat difficult. Yet you’re still integrating that well. By the way, do you have a preferred trading window?

KettieI started as a trader in the Abenomics era, and back then the Tokyo session moved about 100 pips alone, so Tokyo time was enjoyable. After Abenomics ended, I tended to look at charts in the evening. If I trade, I do it in the evening. The period after the London Fix ends is statistically common for me.