The King of Investment (Part 107)
The Way of Investing (Part107)
Daily Candlestick Trading Practical Edition
1.
GBPJPY, subsequently
The Way of Investing (Part103)「Daily Trend Practical Edition」began.In2024 year110日, usingTrend Line-EX, I entered a buy with the minimum lot size0.01lot forGBPJPY.
2. Reason for choosing the currency pairGBPJPY
(1) On the daily currency strength chart,a currency rising at a steep angleGBP and a currency falling at a steep angleJPY
(2)On the daily currency strength chart,GBP andJPY were moving toward divergence.
(3)Using the ultimate negative-correlation indicator,the top recommended currency pair wasGBPJPY, and the correlation coefficient wasnegative0.71with large negative correlation, and metrics such as volatility[DEV]and rate of change[DIFF]were also large.
(4)BuySwapvalues were the largest forGBPJPY.Swapprofits could also be pursued simultaneously.
3.
GBPJPY Daily Currency Strength Chart
1From late in the month, and graphs were spreading in the direction of divergence.’s graph plateaued, stopped falling and started to rise slightly, so I closed the buy position.
4. GBPJPY Daily chart
In January this year, GBPJPY rose greatly, but was checked by a recent high, causing the move to slow.Because the strategy is to “take only the tasty parts that rise the most” on the daily chart, I closed the buy positions to secure profits.