This week's foreign exchange option signal delivery results (8 wins, 1 loss)
In ordinary years,
during this period, Christmas holidays tend to slow things down,
but it seems everyone is still active.
Due to a sharp decline in the Nikkei and other factors,
movements have become volatile and difficult to read.
This December market is more challenging than usual.
Because it swings up and down and is hard to read,
this week I reduced the number of trades to improve signal accuracy.
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This Week's Signal Delivery Results
Signals delivered on December 17
Expiry at 13:00 - EUR/USD - entered at 1.1315, +pips, winning
Expiry at 15:00 - EUR/USD - entered at 1.1320, +pips, winning
Signals delivered on December 18
Expiry at 11:00 - EUR/USD - entered at 1.1342, -pips, winning
Expiry at 13:00 - USD/JPY - entered at 112.80, +pips, winning
Expiry at 15:00 - EUR/USD - entered at 1.1346, -pips, losing
Signals delivered on December 19
No signals
Signals delivered on December 20
Expiry at 13:00 - EUR/USD - entered at 1.1392, +pips, winning
Expiry at 15:00 - EUR/USD - entered at 1.1372, -pips, winning
Signals delivered on December 21
No signals
This week's record: 6 wins, 1 loss
For how to use signals, please refer to this.
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To win with forex options, you need at least the following knowledge.
Can you trade in the market without any weapons?
Would you challenge a lion bare-handed?
(Example 1)
Please look at the USD/JPY range chart and provide a trading strategy.
Please look at the USD/JPY trend chart and provide a trading strategy.
Please look at the USD/JPY side-to-side chart and provide a trading strategy.
(Example 2)
Please state what preparations you would make before trading.
(Example 3)
Please describe conditions under which USD/JPY tends to win.
(Example 4)
Please indicate times of day when USD/JPY tends to win and when it tends to lose.
(Example 5)
Please describe dates and times when USD/JPY tends to fall.
(Example 6)
Please explain reasons USD/JPY goes up or down that are not technical analysis.
(Example 7)
The Dow Jones is dropping sharply. Please outline what strategy you would adopt.
(Example 8)
Please succinctly list three scenarios in which the purchase price of forex options approaches 1000 yen.
(Example 9)
Please briefly describe two situations when forex options enter recovery mode.
There is much more knowledge needed, but
the minimum knowledge listed above is essential to have any chance of winning.
Winning in the market without weapons is almost impossible.
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— This will become your weapon to win in the market —
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