My trading point [Fudou Shutaro]
For individual investors to win in FX, it is important to learn how to read charts and perform technical analysis, but there are several key points you must keep in mind when applying those skills. Here we have Mr. Shutaro Fudo (Fudōshūtarō) explaining the important points he treasures when trading.
Shutaro Fudō (Fudōshūtarō) Profile
Foreign exchange instructor and author. Publishes seminar DVDs and interview CDs through a publisher. In addition to giving lectures at financial exchanges, securities exchanges, FX brokers, and investment trust companies, he also writes for magazines and serves as a school instructor for FX and stocks.
Official site:Shutaro Fudō’s “Behind the News Coverage”
twitter:https://twitter.com/syutaro_fudo
Know what the theme moving the market is
Many investors pay attention to news topics that move the market, which are called “materials” or “themes of the market.” To read the market, you need to know what is the “theme” and focus on news related to it. For that, please regularly read articles on this magazine, on FX providers’ websites, and newsletters. The themes that repeatedly appear in those news items are the “themes.” At the same time, if you look at currency charts for a while, you’ll understand the market impact of news. After a few months, your market sense will develop, and you will be able to predict how much a given news item will move the exchange rate.
The official site for the only monthly FX specialty magazine in Japan, “FX Sōryaku.com” (FX攻略.com) is here