September 8, 2017 (Friday) FX, Bitcoin FX deal report
Everyone, another week of lively markets—thank you for your hard work this week as well.
How did your deals turn out?
This week also looks to be a market environment facing North Korea risk and similar concerns.
As for feature phones, true to the sad nature of a corporate slave salaryman, I spent this week fully immersed in work.
As I mentioned before, it’s reached a point where I’m so tied up as a corporate slave salaryman that I’m reconsidering whether I should try to live as a full-time trader, and this has been on my mind again lately.
Lately, while trading, I’ve been wondering, if I were a full-time trader, in what mental state would I be trading? I’m trading while imagining the near-future life of a full-time trader.
Now, in day trading, the familiar quote-value arbitrage trades were a mixed bag; long positions were tough, but shorts yielded reasonably well.
● Monex FX’s report titled “Garakae’s Value-Value Trading Demon” is available
● UBS (Dukaus Copy) Japan and garakee collaborate!
For day trades, swings, and mid-to-long term positions, I’ve been looking at USD/JPY, BRL/JPY, MXN/JPY, and ZAR/JPY, but given North Korea risk hasn’t fully dissipated, I’d like to steadily take positions, though I’m wary of anything that might occur over the weekend stemming from North Korea risk, so today I took partial profits and lightly trimmed some positions.
Regarding virtual currencies (cryptocurrencies), they’re in a 24/7 “convenience store” state, and since it’s easy to earn, I ended up becoming a trading addict, leaving things a bit idle for about half a month, but after the break, I traded actively this week and managed to make quite a bit.
● Garakei primarily trades Bitcoin FX on bitFlyer
● Garakei primarily trades Bitcoin on Coincheck
● One of Garakei’s favorites, Ripple trading also started on bitbank
● Point of pride: even MT4 is usable in cryptocurrency trading at BitPoint FX
There are only a little more New York time left, have a wonderful Obon holiday.
===== Garake Trader (Kobayashi Hayato) =====
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