The Ultimate Guide to Investing (Side Story No. 8)
The Way of Investing (Outtake Part8)
“FXwash-trading?!”
When looking at the Economic Indicator Events Calendar, events such as policy rate announcements and statements occur quite frequently. By using an “intelligence visualization indicator” and a “currency strength indicator” around the timing of these releases,“FXwash-trading”becomes possible.
1. Case 9(CHFJPY)
September, 2022 22)In the afternoon, Japan intervened in the foreign exchange market. As a result, the exchange rate against the yen moved substantially.
The figure below is the 5-minute chart of the “8CP visualization indicatorNewYork” before and after the announcement. The blue thick line graph isCHFJPY
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