3/31 Joytech's FX trading is the best as a side job
<Result for 3/30 USD/JPY>
Tokyo range: 121.30=123.13, New York range: 121.65=122.24
Tokyo opens in the “bottom point” zone at 122.95-00, and if it breaks down first, participate in selling immediately.
Since a market turn is determined, immediately participate in selling, and in the “bottom value zone” at Tokyo’s lower limit zone of 121.85=122.20, take profit and participate in new buying to wait for a rebound (same as last night’s NY development).
In this (2) pattern, you can take profit in the bottom value zone, and with an unexpected further drop, participate in new selling. In the next lower limit zone, profit-taking as expected is realized.
With this (2) pattern, you can take profits in the bottom value zone, and further downside leads to new selling. Profit-taking in the next lower limit zone occurs as expected.
Such対応 is the basic response according to JoyTech’s analysis, soit is.
You can understand by looking at the Tokyo-time in the lower “analysis illustration.”
From the bottom value point 121.95-00 to the next “bottom value point zone” 121.25=45, the decline occurred,
so there was no hesitation in responding with both selling and profit-taking.
<Tokyo USD/JPY Development on 3/31> (as of 8:20)
Today in Tokyo too,you simply participate in the trend-following way for those who break the “divergence zone” 121.70=122.25.
Note that unlike yesterday, this is not a point but a 50-pip range, so there is a possibility that it ends in this “divergence zone” 121.70=122.25.
(1)If it breaks upward, ideal profit target is the weekly-point 122.95-00
(2)If it breaks downward, profit target is the “resistance band” 120.95=121.25
<Tokyo USD/JPY Analysis Illustration on 3/31>
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