【Universal Buy Signal】Utilize the Pound's peculiar movement before the long fiction!! Ultra-easy trade in just 2 minutes of monitoring time [Marshmallow]

Mashumaro's Profile

I started investing in my teens, and I invest in anything with price movement—stocks, FX, index futures, commodity futures, and cryptocurrencies. Currently I manage an asset management company and also invest daily as an individual investor. Over the past decade or so, I pride myself on facing the markets more than anyone else around the world. To share that experience with as many investors as possible, I actively publish information and products.

*This article is a reprint/edit of an article from FX攻略.com January 2020 issue. Please note that the market information in the body is not the same as current market conditions.

*The "Strategy Points" and the body assume a long position in an uptrend. In a downtrend, the opposite rules apply for a short position.

Strategy Points

• Strategy: Use the anomaly before the London Fix
• Trading timeframe: Any timeframe up to 1 hour is OK
• Target currency pairs: GBPUSD, GBPJPY
• Advantages of this strategy: It requires little time and effort

New

• Trade only on the final business day of each month (12 times per year)
• If 3–10 months (summer time), enter buy at 23:00 JST; if 11–2 months (winter time), enter buy at 24:00 JST

Stop loss

• Place a stop order at -15 pips from entry

Take profit

• If 3–10 months (summer time), exit at 24:00 JST; if 11–2 months (winter time), exit at 25:00 JST

Targeting the End-of-Month London Fix Precisely

What I learned from Mashumaro, a seasoned trader with over 10 years of investing experience, is a super-simple method that beginners to advanced traders can implement. The key to this method is the London Fix, which has a large influence on the currency markets. Before the London Fix determines the spot price of gold, the pound tends to move more vigorously, and the idea is to trade with that tendency.

Trading occurs only on the final business day of each month, aiming for a positive earnings over 12 trades per year. It uses no technical analysis at all, and the time required for trading is about one hour (total monitoring time is 2 minutes), which is a major feature.