Most traders see Japan as noise. Professionals see a pattern.
Japan is one of the most misunderstood macro markets in the world.
Most people watching USDJPY are reacting to headlines — a MOF comment here, a BOJ meeting there — without any real framework for what's actually happening underneath.
Professionals read it differently. They understand the authority structure between the Ministry of Finance and the Bank of Japan. They know the code words and warning language that show up before the market gets hit. They understand why 1985 still shapes how Japan trades today.
On Thursday 17th September, I'm hosting a FREE live Masterclass that hands you that exact framework. Not the retail version, the institutional one.
After years of watching traders treat Japan as a black box, I can say this with certainty:
Reacting to USDJPY headlines is expensive. Understanding the machinery behind them is where the edge lives.
The goal isn't to predict every move the Yen makes. It's to understand the policy story, the market structure story, and the memory story well enough that you know when to respect the tape, when to fade the noise, and when to simply stay out.
Inside this 60-Minute Masterclass, you’ll learn:
➦ The institutional framework behind Japan's FX intervention - How MOF authority and BOJ execution actually work together (the one professionals actually use).
➦ The code words and warning language the MOF uses before it acts - Long before Japan intervenes, the language changes. I'll show you how to read it.
➦ The Plaza Accord to today — a timeline that actually matters - A clear map from 1985 through the major policy and intervention eras that still shape how Japan trades right now.
➦ A live trading lens on XXXJPY and intervention risk - Policy divergence, event risk, and how professionals actually position around it.
➦ When to respect the tape, when to fade the noise and when to stay out entirely - The judgement call that separates people who trade Japan well from people who just watch it.
↓ ↓ ↓ ↓ ↓
Thursday, 17th September
2pm, London time
Join me LIVE as I show you how to trade Japan like a pro.
00
DAYS
00
HOURS
00
MINS
00
SECS
A first-hand account of the moment that still shapes this market
A VIP guest will be joining who actually traded through the Plaza Accord era in 1985, one of the most important FX regime shifts in modern market history.
Japan isn't just a chart. It's a policy story, a market structure story, and a memory story. Hearing from someone who lived through the moment that built it gives you context most traders never get near.
Why Learn This From Adamis Principle?
I'm a late-career changer. At 38 years old, I left the comfortable world of the BBC to step into Futures trading right in the middle of the Greek Crisis.
Not only did I survive that environment. I flourished.
What made the difference wasn't luck or a genius macro call. It was learning to build a framework, manage risk before managing opinion, and stay disciplined when the market made me feel wrong before it eventually agreed with me.
This Masterclass is where I hand that framework over to you.
Who is this for?
➦ Career changers who want a market that rewards patience, preparation and discipline over speed
➦ Newly retired professionals looking to trade macro properly, not just watch it
➦ Anyone who knows there's a real difference between watching Japan and understanding how to trade it
If you want signals, shortcuts or hype, this isn't for you.
If you want to think more like a macro desk and less like the crowd, you should be in the room.
"As it is really difficult to get an education about the commercial perspective of FX trading, Patrick fills the gap excellently. As a professional trader with a great sense of global macro and technical expertise, he teaches you how to cut out the noise and focus on market movers while combining these two aspects of trading."
"Patrick has a huge wealth of knowledge with the forex market. He gave me great insight on how to gauge the market sentiment and how to come up with a process on how to analyse it."
Want a seat?
About your host Patrick...
Patrick Reid is a currency expert with over 15 years experience in trading FX and propriety desks. He has accepted a role as Visiting Lecturer at The University of Cambridge and is Co-Founder of The Adamis Principle which mentors traders at all levels.
During his career he has mentored clients from Goldman Sachs, JP Morgan and Credit Suisse. His passion is nurturing and finding talent within young people has led him to partner with The Youth Group and Jack Parsons, The UK’s chief youth officer. Jack recently interviewed Rishi Sunak, The UK's former Prime Minister. Adamis Principle’s outreach to less fortunate young people is a top priority for him.
Patrick has regular meetings with FX traders at The Bank of England for research and academic discussions only.
Save your seat!
By completing the form, you are agreeing that we can send you the Zoom video link, any transactions and other marketing materials we feel would be of interest to you. You can unsubscribe at any time using the link at the bottom of any email.