Foreign Exchange Online - Masakazu Sato's Practical Trading Techniques | Techno & Fund Analysis Predicting the Future of the 3 Major Currencies [This Month's Theme | Strong Technical Indicators for Severe Declines, Rapid Rises, and Prolonged Surges/Sl
In FX, you encounter stunning crashes and sudden surges. The Yenomomics market and Trump market, the Lehman Shock, and the crude oil price slump at the beginning of 2016 are still memorable. How well you can ride the big waves of rapid rise and big fall with trend-following can lead to lifelong improvement in FX performance. Therefore, this time we thoroughly test reliable technical indicators that promptly issue precise signals during rapid rises and falls.
*This article is a reprint and revised edition of an article from FX Fever攻略.com March 2018 issue. Please note that the market information written in the body may differ from the current market conditions.
Profile of Masakazu Sato
Sato Masakazu. After working at a Japanese bank, he joined the French Paribas Bank (now BNP Paribas). He has served as Interbank Chief Dealer, Head of Funds, Senior Manager, and other positions. Subsequently, he became Senior Analyst at Online FX, which boasts the No.1 annual trading volume. He has been involved in the world of forex for over 20 years. He appears on Radio NIKKEI “Stock Live Commentary! Stock Channel,” Stock Voice “Market Wide – Foreign Exchange Information,” and regularly provides market information to Yahoo! Finance.
Stochastic that helps determine the initial movement of trend reversals and continuation of rapid-rise markets
The FX market experiences surprising rapid spikes and crashes almost every year. When you witness sudden price movements and you think, “This can’t be real,” and you trade contrarily, you risk huge losses. However, if you can ride the big waves of rapid rises and rough seas, there’s a great chance of making a fortune. Although the FX market was relatively calm in 2017, it is expected to become choppy again in 2018 due to a rebound effect. Therefore, this time we test technical indicators that gave accurate signals in past rapid rise and crash phases.
The official site of FX攻略.com, Japan’s only monthly FX specialized magazine, is here