TO INSPIRE YOUR ECONOMICAL INTUITION, DAILY UPDATED FASHION:
*awaken your intuition and turn off the autopilots*
a no-nonsense practical text & link page
for those who wish to earn money on
UsdJpy trading with a span of one or some
days at a time. Our approach: a very moderate
'take profit', a moderate leverage, no 'stop loss'
but manual checking in and stopping if need be
within a day or two; only trade with surplus money
First-hand USD:JPY FX forecast
Where is Japanese Yen
going relative to US Dollar?
Our own forecast for the USDJPY currency pair:
the advice is: apply it at the minute we put it
in and with a non-greedy 'take profit' parameter
relative to the leverage, which should be moderate;
and manual checking during the day, or maximum
the next day. Trade with surplus money, not money
you need for anything. Research the whole internet
before deciding on a proper broker. Keyword:
trustworthiness. Put in blunt words, are they
making profits together with you, on their margins,
or are they scripting against you, hoping you won't
get gains? Remember that there is no central
agency determining currency prices so you must
get a trustworthy broker--or bank--to do good CT.
We suggest that the betting should be of this type,
on your own responsibility:
USDJPY [ ] buy, because USD may in general increase relative to JPY
[ ] sell, because JPY may in general increase relative to USD
with the expected degree of fluctuation:
USDJPY [ ] possibly unusually strong fluctuations
[ ] fluctuations as typical lately
[ ] perhaps milder fluctuations than typical lately
This USDJPY forecast:
[ ] has been submitted
Start date and clock: ca date GMT-TIME
[x] has recently been removed and we'll come
with a new forecast
Which is to say,
USE YOUR INTUITION!
Quick links to a number of graphs
incl forecasts and glimpses of news
and upcoming events,
produced in a variety of ways
sometimes as input to
our own first-hand suggestions
as given above as what the
personal currency day-trader
might try to gain a profit
What time is it? WORLDCLOCKS
Some graphs and more about how it is right now, with the Dollar<=>Yen relationship:
Some more general news analysis pages, often touching on USDJPY relevant stuff:
A mix of news comments about possibly relevant themes:
These have more general comments, sometimes USDJPY info and/or forecasts also:
The adviced trading method
First find a high-integrity trading station. This requires a good nose.
But it does help if you analyze in some detail what you get out of
them in terms of email when you ask lengthy questions, and over some
Then check out how trading goes with demo money.
Use a leverage that is as low as you feel make sense.
If you have lots of money, why not aim at getting much
more out of fx than a bank would give in interest rate,
yet much less than if you chanced it by high-leverage trading?
For some info on trading with eg MT4 there are some
early but useful essays also at our: yoga6d.org/economy.htm
Be aware that there may be intense changes at some times of
some days and hardly any changes many other times during the week.
Trading over several days means that there's a chance that the
general development of the currencies have a larger influence
on how you earn money than whatever spikes (natural or
artificial) may exist at the trading moment.
If you feel like it, try working without any 'stop loss'
parameter but with a 'take profit' set. If you set it too high,
you must close the trade manually, but it may still be profitable.
If you avoid stop loss, you can always consider letting it go
on for some time to see if the trade after all can swing itself
into profit. By not having too big leverage much can happen to
the graphs without the quantity on your account getting into
If you wish to use weekly predictions then you must
stay out of scripts and methods oriented towards minute-by-minute
trading, for these fluctuations aren't governed in the same manner.
You must, when fluctuations are greater, use less leverage.
GOOD LUCK!!!!!!! GOOD LUCK!!!!!!! GOOD LUCK!!!!!!!
* The information on this page may be right or it may be wrong and there's
not the slightest garantuee that following these advices will lead to profit.
* Please be aware that even with moderate fluctuations, a strong leverage can
create big fluctuations at the profit and loss levels.
* Please be aware that even if you use a standard FX program against a database
of a broker, this program may have a database manipulated so as to create
spikes that do not exist in other databases, so as to force a 'stop loss' to
close the trade.
* Please therefore be aware that some brokers are so set up as to very often
create losses for their customers. They may adorn themselves with fake
reviews, prizes, etc, in the hope that someone will send them money, that
they simply keep.
* Some brokers may have defunct chatlines and so on, and when you wish to
withdraw money from them, it may turn out that they are impossible to
contact and that the withdrawal money page doesn't quite work.
* Therefore, the more appropriate places to go should be to those who offer
more integrity and with an earning chiefly on the buy/sell margin differently
rather than on clever background scripts.
* To earn money in a virtual demo account doesn't mean that one will get the
same with a real money account because the FX broker may operate with other
scripts and prices on that one.
* Trade with surplus money, not with money that's essential to you.
* The currency market isn't regulated, so there's no official second-by-second
price and so FX brokers don't break the law when they do manipulative actions,
such as to create false swings in the very moment one does a 'close' of a trade;
one must therefore select a high-integrity FX company.
* Any very short-term fluctuation betting should be avoided since the
degree to which manipulation takes place, also by means of some of the
biggest information companies in the industry, can be much higher here.
* A bank with a general interest in radiating integrity to a multitude of
customers and with a multitude of businesses and many employed people may be
may be a better bet in many cases, but you must use your own nose in selecting
the trading company.
Trading spreadsheet for USDJPY
and this author's programming language
and links to further info:G15 PMN
For more news links cfr our yoga6d.org