Money Square Co., Ltd. hosted Mexican Peso/Yen release media briefing report
One of the high-interest currency pairs attracting attention is the Mexican peso/yen, and trading has become available at Money Square Co., Ltd. starting May 26, 2019. Most traders who are considering operation probably aim for profits from swaps, but it is said to pair well with the Tralipi (trailing strategy) offered by the company, allowing profits in trading operations as well. In this briefing, the魅力 of Mexican peso/yen and Tralipi operation were discussed.
*This article is a reprint/edit of FX攻略.com’s September 2019 issue. Please note that the market information described in the text may differ from the current market.
On Friday, June 21, 2019, Money Square Co., Ltd. held a “Mexican Peso/Yen Release Media Briefing” at Midtown Tower in Roppongi.
Money Square began trading Mexican peso/yen from May 26. The briefing invited media and prominent bloggers to discuss investment strategies centered on the Mexican peso. The briefing consisted of three parts, with presentations including “On-site coverage! Current situation in Mexico,” “Mexican peso investment strategies beyond swaps,” and “akilog’s Mexico currency investment strategy and how to present it,” and lectures on trading strategies. Afterward, a social gathering was held, allowing attendees to deepen camaraderie. This article provides a digest of the briefing contents.
Part 1: On-site Coverage! Mexico’s Current Situation
In Part 1, Mr. Hokuto Miura, who covered Mexico on-site, shared his impressions of Mexico. First, an explanation of basic information about Mexico, noting that the current state of Mexico City, the capital, is “surprisingly modern in many places, contrary to popular image.”
Next, regarding Mexico’s history and culture, it was mentioned that Mexico City is famous for having the most museums in the world, and topics such as Corona beer, music, and cuisine were introduced.
Additionally, with abundant cultural heritage and many tourists visiting, this contributes to revitalizing the Mexican economy. It was concluded that “visualizing the economy is also important when operating pesos.”
◀ With the start of Mexican peso/yen trading, details of Mexico’s situation and Tralipi operation for the peso/yen were discussed.
Part 2: Investment Strategy for Mexican Peso Beyond Swaps
In Part 2, Mr. Takamitsu Tsuda, Chief Analyst at Money Square, spoke about a strategy to generate profits from Mexican peso/yen Tralipi operations.
Compared with other currencies such as USD/JPY, AUD/JPY, NZD/JPY, and TRY/JPY, the Mexican peso/yen is highly compatible with Tralipi. With the policy rate at 8.25%, swap points are attractive; however, given the global trend of rate cuts, it is predicted that more profit can be earned by trading rather than by “buy and hold” for income gains.
Using three technical tools—Bollinger Bands, DMI, and Parabolic SAR—Mexican peso/yen was analyzed. Considering the current market environment, USD/JPY is generally downward, EUR/USD is struggling to rise, and the peso/yen remains in a range, reinforcing its compatibility with Tralipi. It is important to consider “selection and focus” and exit strategies at points with a higher probability of range.
Finally, it was introduced that Money Square provides “Tralipi 1-Click,” and the Half & Half model for Mexican peso/yen is also available. “It allows you to start Tralipi easily without hassle. Please use it according to your own risk tolerance,” Tsuda commented.
▶ Tsuda explains the timing to set Tralipi using the Bollinger Band ±2σ line.
Part 3: akilog’s Mexican Currency Investment Strategy and How to Present It
In Part 3, Akkin and Hiroko, the operator and investor of the blog “akilog,” gave talks. Akkin, who had been a civil servant, felt the need for asset management and started FX. He later left civil service in March 2016 and started blogging. Hiroko, on the other hand, left her banking job in March 2018 and runs akilog with Akkin; Akkin writes articles, and Hiroko analyzes the markets. Akkin began Tralipi operation in August 2015, and he shared the episode that prompted him to start.
Next, the blog and Tralipi performance were discussed, noting that the asset under management has grown recently, so adjustments to low-return, low-risk settings are being made year by year.
Then, as charts were displayed on slides, explanations of Akkin’s Tralipi steps for Mexican peso/yen and how to formulate strategies based on half-and-half backtesting results were given. While sharing the profits and losses of trades, he introduced a Tralipi operation example: six buy positions were placed when the peso dropped after President Trump’s tariff remarks toward Mexico.
For presenting the blog, he cited the “Tralipi Half & Half 300,000 Yen Challenge” published on his blog and emphasized the importance of including images showing where traps were set and where positions were closed. He commented, “It is time-consuming, but readers may disengage if they cannot see what is being done.” He also mentioned updating with images on Twitter.
Finally, he stressed that spreading information on Twitter and engaging in discussions in social settings is important, and he intends to continue interacting with various people to study trading and blog management.