7/29 Foreign exchange options, signal delivery results: loss
Expiration at 1 PM – Lost with USD/JPY.
It is impossible for markets to be violent all year long;
markets are 20-30% trending and 70-80% ranging.
The iron rule of trading is to take a risk when the favorable conditions for winning align.
If you don’t understand this, you will likely never win in trading.
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Today's results
1 PM expiration · USD/JPY · Entered high at 108.55 and lost
This week's results up to now: 0 wins, 1 loss
Please refer to the 【How to Use Signals】 here here.
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To win in Forex options, you need at least the following knowledge.
Can you fight in the market without weapons?
Would you challenge a lion barehanded?
(Example 1)
Please answer trading strategies by looking at the USD/JPY range chart.
Please answer trading strategies by looking at the USD/JPY trend chart.
Please answer trading strategies by looking at the USD/JPY flat (sideways) chart.
(Example 2)
Please state what preparations you would make before trading.
(Example 3)
Please state conditions that make USD/JPY favorable to win.
(Example 4)
Please state the times when USD/JPY is easier to win and harder to win.
(Example 5)
Please state dates and times when USD/JPY tends to fall.
(Example 6)
Please explain reasons USD/JPY rises or falls beyond technical analysis.
(Example 7)
The Dow Jones is dropping significantly. What strategy would you formulate?
(Example 8)
Please briefly provide three situations where the price of Forex options approaches 1000 yen.
(Example 9)
Please briefly provide two situations when Forex options enter a recovery mode.
There are many other necessary knowledge areas, but
without the minimum knowledge listed above, winning is likely to be difficult.
Winning in the market without weapons is virtually impossible.
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~ Weapons to win in the market ~
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