Mastering analytical methods that leverage technical and fundamental analysis TechnoFund FX scenarios by FX Yuka
Are you familiar with FX Yuka?
She is a remarkably young trader, but already has 11 years of investment experience. During that time she met the president of a company that operates a fund, learned trading centered on fundamental analysis from him, and grew into a trader recognized by the president.
I have actually met her several times, and she is the person in her Twitter photo.
Her background is very striking and alluring, so to share a little more: in her teens, due to certain circumstances she had to leave her family home and start working, and she began to think about breaking away from a “time-for-money” lifestyle.
She came to the conclusion that what she shouldn’t sell is time itself, i.e., investing, and she headed to Tokyo to search for the president of a fund-management company.
I don’t think her actions are those of an ordinary person, but in fact she tracked down the president of a fund-management company and became his apprentice.
That president seemed to trade mainly based on fundamentals, and over two years she mastered fundamental analysis to the point that the president recognized her as a trader.
After that there were further twists and turns, and now she is said to be pursuing the mastery of technical analysis.
During that study, while attending various seminars, she was offered a position as a trader instructor by a seminar-management company she met.
From there, she began trading and providing trading coaching, and now she runs two businesses: trading and trading coaching.
Details are described on FX Yuka's sitehttps://fukumaru.yukafx.com/about/.
It's a very engaging piece of writing, so please take a look.
Now, while looking at several pieces of information (scenarios) supervised by Yuka, you can learn analysis methods that combine technical and fundamental analysisTechno-Funda Forex Scenario.
The Libra Trading Team, comprised of people trained by Yuka, wrote it.
I am, in a sense, shocked by the accuracy of the information.
Actually, please take a look at the January 16 information (scenario).
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On the 8th in the morning, in response to reports of missiles fired from Iran,
the USD/JPY fell sharply from the morning.
Thereafter, after Iran’s statement that “we are not seeking war,”
President Trump issued a statement that “military conflict with Iran should be avoided.”
The USD/JPY, which had moved sharply since the morning,
returned to an upward trend as the backdrop of the US-China trade issue improved.
On the 15th, with the signing of the first phase of the US-China trade deal expected,
the future direction is
① After the first-phase US-China trade deal, negotiations for the second phase seem imminent, but
the agreement would come after the presidential election, so there may be a temporary upside adjustment.
Against this backdropSell from Chart 1
<First Phase Agreement>
The contents of the agreement keep the additional tariffs imposed in 2018 rounds 1–3 at 25%,
and only reduce some tariff rates from the fourth round enacted in 2019.
② Currently, as the US continues to announce earnings and results are good,
if the USD/JPY rises driven by the Dow, there is room to rise up to the unfilled gap from last May.
When the gap closes (Chart 2), look to sell. (The policy rate as of January 2020 is expected to remain unchanged for the year)
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There was such an article, but now let's look at the actual charts that followed.
Among the two pieces of information (scenarios) pointed out by Yuka, the first one
‘After the first-phase US-China trade deal, negotiations for the second phase seem to begin soon;
the agreement would come after the presidential election, so there may be a temporary upside adjustment.
Against this backdropSell from Chart 1’
has unfolded as described.
After touching the horizontal line on Chart 1, the rate fell, and as of January 29, even though it started to rise, it followed the price movement shown by Yuka’s yellow arrow line.
I think many traders rely solely on technical analysis.
why not also learn analysis methods that combine technical and fundamental analysis?
Written by Hayakawa