【9 o'clock Footstep Scalping】(January 6)Today as well, steadily trading in the Tokyo market
Thank you for purchasing this magazine. I am An-chan?.
From this year, my health has recovered, and as a new challenge, I have decided to issue this magazine as a serial publication!
(I wonder if there’s any demand… (゜Д゜))
I don’t know if there will be demand, but for now, I have a feeling that those who simply cannot win in FX should read this,
and that’s why I’ve come to this point.
People who seem to be able to win but can’t for some reason…
People who can’t find any clear direction…
People who are thinking of starting FX but are afraid to take the plunge…
People who want additional income but don’t have an environment for a side job…
etc… I think there are many worries.
(Indeed there are… (゜Д゜))
Because I have worried too.
I worried a lot; it was really painful, but now I’ve paid a tuition that I can’t go back from.
(Where did I pay so much (゜Д゜))
To the market!
I’ve paid four times the average annual salary.
(Oh noーーー (゜Д゜))
Really, it’s the real oh no—
In my case, there was a long period where I seemed like I could win but couldn’t, and I stayed stuck for a long time
and couldn’t produce results.
(How long was that period? (゜Д゜))
Hmm? I don’t want to say it, but “3 years”…
(Three years! (゜Д゜))
It was long and painful… what hurt most was that after starting FX, I couldn’t settle on a trading approach that suited me
I studied mostly on my own, and the most helpful thing was the “old Twitter.”
I followed competent people who were sharing paid-grade information for free
looked at various people’s trading methods, tried them, and then adapted them for myself
When I got home from work, I studied and researched on the charts almost until 2 a.m. every day
on weekends I would go back over things and reflect, and finally my own strong time and currency pair were established.
(It was very long and painful… you did well… (゜Д゜))
Thank you for your consideration.
But I really couldn’t give up, you know.
Because I studied with the conviction that I could succeed in OO!
And I had the ambition to make my family wealthy, so I looked for a side job daily
and chose the path of becoming an investor.
(I see… (゜Д゜))
And the method I discovered through self-study was the “9 o’clock Foot Scalping”!
(It’s scalping, huh (゜Д゜))
Yes, basically scalping, but
there are times when I hold positions as long as in day trading
and the method is quite simple.
There is a common mistake among beginners
(What kind of mistake… (゜Д゜))
It’s the belief that you should hold more weapons.
You tend to think you must hold many tools or you won’t be able to fight the market!
Because of that, you pile up knowledge, hold more currency pairs to widen your chances
and that kind of thinking tends to happen, but then you get confused, and your entries become sloppy
which leads to large losses.
Therefore, the best thing is to keep it simple.
In my case, I only trade USD/JPY.
And I only operate during the Tokyo market. Since it’s 9 a.m., at that time I shifted to night shift
and worked as a part-time trader in the Tokyo market, but
recently I became a full-time trader, and my trades finish by morning, freeing up time.
Now, I’ll stop the self-introduction here and report my trading results right away!
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■ Monday, January 6
Trades starting at 9:00 on January 6 in the Tokyo market.
As a basic trading method, it is a “round-trip trade.”
On this day, the first entry’s take profit was at 15:00, so it ended as an “outbound only” trade.
There are days when it ends only with the outbound, which is the “round-trip trade.”
If you can also take the return leg, the profits will jump.
The basic trading method is kept simple,
you simply enter when the price breaks the triangle formed by technical analysis.
And the take-profit line is just held until it reaches a level with high attainment rate every month, but it is never about taking a huge profit.
It is a method of steadily accumulating profits and waiting for the day you can take a big profit.
That is the real “steady gains, big boom.”
(I don’t think so… (゜Д゜))
That day I took 27.5 pips, but with my own risk management I earned 55.0 pips.
That’s plenty.
(If you take 55 pips in one day, isn’t that not a steady gain! (゜Д゜))
That’s right, but there are also days when I earn 10–20 pips steadily,
and with my own fund management, profits can grow geometrically, so days with little volatility aren’t a problem.
(Dollar/Yen indeed has less volatility, so many avoid it… (゜Д゜))
Exactly! Moreover, in the Tokyo market, price movements are small and the USD/JPY itself isn’t very volatile,
so people want to trade pounds during NY hours, but I…
Time when price movement is stable → Tokyo market
Currency with stable price movement → USD/JPY
is practical and the win rate is stable, so
I only trade during this time with this currency.
(I see, indeed USD/JPY is stable… (゜Д゜))
Yes! USD/JPY is the world’s keystone currency, so it has high trading volume!
Moreover, during the Tokyo market, there are fewer economic indicators that are easily affected, which is an advantage.
(Do you not trade during economic indicators… ? …(゜Д゜))
I don’t. On days with statements from Bank of Japan officials, I retreat early before the statements are released.
I basically do not perform fundamental analysis.
【Profit and Loss for January 2025】
● Cumulative profit/loss: 27.5 pips (55.0 pips earned on the day)
● Take-profit attainment rate: 100% (confirmed after take-profit)
Well then, see you ~---------- (゜Д゜)
End