[No.1 Dakar] The Success Path of 10 “side business” investors ~ Using the analytical skills honed in their main job to earn through scalping!
Table of Contents
1. Basic Data
2. Reasons for Choosing FX
3. Started FX as a Natural Interest and Side Job
4. Displaying Different Time Frames of Multiple Currency Pairs Side by Side
5. Changing Style Based on Concentration of Economic Indicators
6. Advice for Those Aiming for Success in Side-Job FX
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※This article is a re-edited version of an article from FX攻略.com October 2018 issue
Basic Data
■ Trading Style
Scalping
■ Chart Analysis Environment
MT4
■ Technical Tools Used
RSI・MACD・Bollinger Bands・Ichimoku Cloud
■ Trading Points
Trade based on market awareness formed by displaying multiple currency pairs and different time-frame charts simultaneously
Reasons for Choosing FX
- I work in a department that handles foreign exchange transactions
- I can leverage my special expertise
- The volatility of the currency market was generally high when I became a working adult
Dakar (Dakāru) Profile
Member of the export company's foreign exchange team for 11 years. Daily USD/JPY real demand currency trades at the fix. A part-time FX trader whose weapon is market environment recognition and a scalper. Graduated from Waseda University. Likes coffee (^_^)
Official site:Forex Blog of Dakar, Foreign Exchange Manager at a Major Company
twitter:https://twitter.com/111coffeebreak
Started FX as a Natural Interest and Side Job
Since joining a domestic export company (manufacturer) in 2007, Dakar has worked in a department handling foreign exchange transactions. Due to the nature of his work, he often faces the exchange market, which naturally sparked his interest in FX. Then he thought, "I’ll start investing by leveraging my expertise," and began FX as a side job.
“If I hadn’t built up my professional knowledge in my main job to some extent, I don’t think I would have done FX. This is because, by nature, I’m a cautious person. In general, FX is talked about as ‘scary’ or ‘money can run out quickly,’ a dangerous image. If I hadn’t taken this job, I might have felt that way and avoided it. Coincidentally, the department I was assigned to after joining the company was Foreign Exchange Handling, which was the trigger for everything.”
Unlike other side-job traders, this is a rare pattern where the side job is an extension of the main job.
