Japanese Housewives?

wow

wonder if they are still a force in the market

and more so, I'm curious about their success rate as compared to other retail traders

is this why Japanese brokers like GMO Click do more volume monthly than most US brokers combined?
 
I stumbled upon this definition on investopedia (keep in mind I'm very new to the world of FOREX):

Japanese Housewives Definition | Investopedia


This sounds absurd to me, is this real? Sounds like an April Fool's joke to me. Have any of you seen the effects of this firsthand?



Thanks,
LM

Don't be surprised by Japanese terminology as candlesticks have been created in Japan over 300 years ago and many terms you will come across may either be Japanese terms or references.
 
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