Foreign Exchange Online - Masakazu Sato's Practical Trading Techniques | Techno & Fundamental Analysis Predicting the Future of the 3 Major Currencies [This Month's Theme | Strong Technical Indicators for Severe Drops, Sharp Rises, Long-Term Rapid Adv
In FX, you can expect sudden dramatic drops and steep rises. The Abe-nomics market, the Trump market, the Lehman shock, and the oil price slump at the beginning of 2016 are still memorable. How well you ride the big waves of rapid rise and sharp fall with trend-following can improve your lifetime FX performance. So this time, we thoroughly test reliable technical indicators that quickly give precise signals in rising and falling markets.
Masakazu Sato Profile
Satou Masakazu. After working at a Japanese bank, he joined BNP Paribas (formerly Banque Paribas) Paris. He has served as an Interbank Chief Dealer, Head of Funds Department, Senior Manager, and more. Later, he became Senior Analyst at Forex Online, which boasts the No. 1 annual trading volume. He has been involved in the world of foreign exchange for over 20 years in total. He has appeared on Radio NIKKEI's "Stock Live Commentary! Stock Channel," Stock Voices' "Market Wide - Foreign Exchange Information," and regularly publishes market information on Yahoo! Finance.
Stochastic helpful for judging initial trend reversals and continuation of rapid rise markets
The FX market experiences sudden, surprising surges and crashes almost every year. If you witness rapid price movements and short-sightedly bet against them, you risk heavy losses. However, if you can ride the big waves of rapid rise and sharp fall, there are great profit opportunities. Although the FX market was relatively calm in 2017, it is expected to see more volatility in 2018 due to aftershocks. Therefore, this time we will examine technical indicators that delivered accurate signals during past rapid rises and crashes.