From April 22nd to April 26th, 2024, my trades resulted in a total loss of -$90,476.
Unexpectedly, USD/JPY rose to the 158 level. I persistently bought the Japanese yen, relying on potential intervention by the Bank of Japan (BoJ), but this strategy led to significant losses. There had been frequent verbal interventions from BoJ officials, so I had anticipated intervention around the 155 level, but this was a considerable miscalculation. The […]
From April 15th to April 19th, my trades totaled +$6,876. Bitcoin Halving Arrives! How Does the Turmoil in the Middle East Affect Its Price?
The situation in the Middle East was more volatile than expected, with both sides repeatedly attacking each other, causing significant market fluctuations. I attempted aggressive purchases of cryptocurrencies and Japanese yen, but was unable to manage the trades as successfully as I had hoped. However, I assume it is unlikely that direct attacks will […]
The euro’s topside is heavy due to the accession to Finland NATO, and the US dollar continues to rise. ForexTopTeam Weekly Forecast 16 in May, 2022
-11,737 USD in a week With Discretionary Trading 14th in May 2022 I can’t ride the waves well, and it ends with a negative balance. The US dollar was bought heavily and the dollar index rose to 104 units. This area was as expected, but the big miscalculation was a big buyback of the Japanese […]