"All of it becomes FX" Weekly Trade Vol.002 that no one can say to anyone
This "Investment Navigator Plus" is a report delivered every Sunday by "All about FX" which contemplates fund management.
I would like to share money matters beyond FX markets, and the weekly positions I actually hold with a limited audience.
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▼ Table of Contents
―1. Recent Developments
―2. Global Finance
―3. Weekly Trades You Can't Tell Anyone About
―4. Next Week's Positions
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【PR】Turn FX losses into gains using capital management
Trading techniques that emphasize "capital management," which is often neglected in FX.
You can trade without being swayed by win rates or methods.
▼1. Recent Developments
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The author-in-chief, "All about FX," moves between domestic and international locations about half a month at a time. I’d like to inform you where I am now, what I am seeing, and whom I have met and worked with in the country.
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Finally, the "Investment Navigator Plus" series has begun.
From now on, whether the results will be good or bad will likely be known around next year.
Regarding subscription fees, despite it being the first installment, there have been many unusual readers. Therefore, I plan to raise the subscription fee this month or next month. After the price increase, you will still be able to subscribe at the contract price.
Now, this week I am in Kuala Lumpur. About a year since I announced in September 2016 that web-related work would reduce site updates, I have returned (not because I exited the market).
Whether trading FX or running a website, or doing client work, much can be done online, and I now spend about half the month overseas.
So, Kuala Lumpur (Malaysia) it is. People often imagine Malaysia as a Southeast Asian country shrouded in jungle, but the capital city Kuala Lumpur is a modern city known for KLCC.
If you use Airbnb, you can stay in a high-rise residence for around 3,000 yen per day, and car-sharing services like Uber or Grab are as common as ever.
Recently, bike-sharing starting in Singapore, "obike," has appeared in the city as well, and it’s hard not to feel that Japan, once a leading economy, has become a closed country compared to Asia’s rapidly advancing nations.
In Japan, where vested interests keep things tangled, regulations on private lodging and ride-sharing experiments for taxis lag far behind global sharing economy trends.
Although private lodging like Airbnb is regulated to 180 days a year, it is effectively being legalized, so surrounding businesses such as "housekeeping" and "private lodging consulting" are expected to become active alongside "private lodging operations."
▼2. Global Finance
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Many people who trade FX spend time on fundamental analysis and technical analysis.
However, ironically, about 90% of FX participants incur losses, and many end up leaving the market.
In this column, I want to think about global finance, keeping some distance from those approaches.
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Suddenly, I do not trade based on FX news. I use a system-trade approach that tests past charts.
This is a matter of aptitude, so if you enjoy a cutthroat, two-sided world, you can do that (no one can force you).
However, "not using news as a reference" and "not knowing the world economy" are different issues. Understanding the global economic flow is very important for work.
Also, fundamental factors such as policy rates have a significant impact when considering longer-term strategies like swing trading.
Therefore, my stance is to "at least grasp the basics of economics."
Now, last week's FX market was highlighted by the dollar/yen dropping into the 107 yen range. Since the low of 108.12 seen in April 2017, it will be interesting to see what happens next.
One reason for this movement is the well-known "North Korea situation." Whenever missiles are in the news, the market moves sharply, so those who primarily use scalping or noise-driven methods should be cautious.
Another area of interest is cryptocurrencies such as "Bitcoin." Many reports say they are rising in value or in a bubble, so many may be trading speculatively.
However, as the expression "sell the picks and shovels at the gold rush" suggests, blindly following this information can be dangerous.
In the world where ICOs (Initial Coin Offerings) gain attention, topics like insiders thriving in a market where information is powerful, facing a "duck that brings onions," is risky to go in unprepared.
As seen with VALU, rather than trying to profit solely from market moves, increasing your own value—by improving skills and becoming a rare character—may be the quickest way to grow money.
▼3. Weekly Trades You Can't Tell Anyone About
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A "weekly trade" that fully utilizes trend-following and contrarian portfolios along with capital management, which you can’t tell anyone about.
Since starting in 2012, I have never lost a year and have achieved total gains of over +30,000 pips.
What is the secret to profits with a win rate of 48%? Here I will share this week's trading results.
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In Vol.001 I only provided an overview of the method, so for reference I will also note last week's results.
・Last week's results: +481 pips
・This week's results: -926 pips
・Total results: +31,772 pips
【Weekly Trade Results】
・Win rate: 48.6%
・Average win: +839.6 pips
・Average loss: -580.1 pips
・Maximum win: +13,491 pips
・Maximum loss: -2,932 pips
・PF: 1.37
・PR: 1.45
The win rate of this method is 48%. It feels around 40% by "felt probability," so I do not recommend it to those who require a win rate above 80%. It is a method suited for those who consider long-term profits.
＞＞Overview of "Weekly Trades You Can't Tell Anyone About" is here
