Kawasaki Doruemon-ryu Time Statistics Theory | Episode 3 Monthly Forecast March Edition [Kawasaki Doruemon]
In FX, Mr. Kawasaki Doruemon emphasizes the temporal aspect. This project will teach specific trading strategies from a statistical approach to such Doremon.
Kawasaki Doruemon Profile
Kawasaki, Doruemon. Feeling the limits of discretionary trading, he sought a systematic trading method that could be profitable with as little mental burden as possible. After numerous simulations, he completed Gurgle Train.
Blog:Kawasaki Doruemon's FX Blog
Twitter:https://twitter.com/kawasakidoruemo
What is the temporal trend of the monthly chart in March?
Hello, this is Kawasaki Doruemon. I trade by referencing the temporal trends of the currency market. This time, I will explain the trend for March.
First, please look at Table ①. This is the number of March monthly candles for cross-yen pairs compiled from 2000. You can see that the number of bullish candles for EUR/JPY and GBP/JPY is high, 13 times. From this, one may infer that “March tends to be a month when the euro and pound are bought.”
To verify whether euros and pounds are really more likely to be bought, let us look at the monthly candles of the dollar pairs (Table ②). The results show no notable trends for EUR/USD or GBP/USD. From this, it can be analyzed that euros and pounds are not necessarily bought more. This may be because there is a slight tendency to buy euros and pounds while the Japanese yen is also slightly sold.