The Way of Investment (Part 103)
The Path to Investment Mastery (that103)
Daily Chart Trading Practical Edition
1.
Introduction
Last year and the year before last,“Year-End Special Edition”likely impressed you with the power of daily chart trading. This year, in the “Daily Chart Trading Practical Edition,” we plan to trade in real time and report as appropriate. (It is expected to be a monthly report.)
There was a dormant real account (net assets12,000 yen) available, so we will start from this amount. It will be a one-year challenge with a small amount of capital. With assets of12,000 yen, there is no need to even calculate the lot size; we will enter from the minimum lot size of0.01 lots.
2. Selecting currency pairs from the Daily Currency Strength Chart
The figure below is the daily currency strength chart.
The currency rising at the steepest angle isGBP, and the currency falling at the steepest angle isJPY. Right now,GBP andJPY are moving from convergence toward dispersion.
