Trade USDJPY, every trader must. Every member who has or whoever will ever, read the following post, like it, they must.
Goes up or down, a candle does. But why, a trader must ask. That tick up, that tick down, then another 2 ticks on and on it goes. That guy in Canada, that female in Australia, that transgender in the Dutch land, who is buying, selling, all around us. A powerful force, it is. And a power ally it is, the banks. See, you must! Follow the money, adding reserves, lending money to the brokers, house buyers, businesses, increasing their financial hold on the market. Who can get the biggest part of the market share, the more debt on the books, the more money is lent, and the more the money is lent the more money is then on the books. On and on the cycle goes.
Each arrow on the following chart represents each time the Federal Reserve adjusts US interest rates. Each arrow gives the trader the PIVOT of the market. These arrows are not to be treated lightly for at any time this situation can change.
Welcome, You are!
Goes up or down, a candle does. But why, a trader must ask. That tick up, that tick down, then another 2 ticks on and on it goes. That guy in Canada, that female in Australia, that transgender in the Dutch land, who is buying, selling, all around us. A powerful force, it is. And a power ally it is, the banks. See, you must! Follow the money, adding reserves, lending money to the brokers, house buyers, businesses, increasing their financial hold on the market. Who can get the biggest part of the market share, the more debt on the books, the more money is lent, and the more the money is lent the more money is then on the books. On and on the cycle goes.
Each arrow on the following chart represents each time the Federal Reserve adjusts US interest rates. Each arrow gives the trader the PIVOT of the market. These arrows are not to be treated lightly for at any time this situation can change.
Welcome, You are!
Please read the following:
**If this chart doesn't say holy grail when trading USDJPY then you shouldn't be trading USDJPY
***If you do not understand this chart you should be not trading forex.
****Please note if in the future if Japans starts to have inflation
This thread may not be applicable to you
This thread may offend you
This thread may cause loses but only in your control,
The actions you take, will only occur from your actions, no one else.
May the force be with you, always!
Learn, a forex trader must, unlearn and relearn he will.
