[Anyone can understand buying signal] No technical knowledge needed, completes in one hour from 11 PM!! Even if you work during the day, you can imitate the London Fixing method [Kinu]
Kinu-san Profile
A part-time trader with 11 years of FX experience. Main method is discretionary long-trend following. Running Tararepi and Guruto-re for range trading. Dream is to earn 100 million yen from trading and donate to university education and cultural property preservation.
Blog：https://note.mu/kinu0219/
Twitter：https://twitter.com/kinu0219
※This article is a reprint/re-edit of an article from FX攻略.com September 2019 issue. Please note that market information written in the text may differ from current market conditions.
※ The indicator "JPN_Time_SubZero" is displayed on the chart to show Japan time.
※ "Strategy Points" and the main text assume a long position in an upward market. In a downward market, the rules are reversed for short positions.
Strategy Points
- Technical: None
- Trading time frame: 5-minute and 1-minute charts
- Target currency pairs: currencies with strength/ momentum
- Advantage of this strategy: Trades complete in about 15 minutes
Aim for the trend just before the London fix
New
Check the currency strength for the day and after 23:00. Specifically select currency pairs with momentum and directional strength
Enter on the 5-minute chart in the direction of the trend after 23:45
Settlement
Take profit just before 24:00 on the 1-minute chart
If there is a drawdown of 5 pips or more on the 1-minute chart before 24:00, cut loss
