FX Today's Trading Strategy 9/23

EURUSD Euro-Dollar

・Yesterday's Trade

Yesterday did not return to the H1MA, but it reversed at the rate of 0.990 which acted as resistance as per the morning scenario.

A small triple top formed, so short after breaking the neckline.

I watched whether it would break the previous day’s low, but it didn’t, so I exited. +27 pips

・Market environment and today's strategy

Yesterday there was aselling rebound, but the previous day’s low of 0.980 was not broken.

This week most major indicators' releases are largely finished, so it feels like the curtain may be closing?

I don’t want to trade in half-hearted places, so I want to reconsider whether to test 0.990 again or enter after breaking 0.980.

Today the Japanese market is closed, so expect activity to pick up in the evening onward.

USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday, despite rumors of BOJ intervention, it rose by breaking 145.0, so I stayed on the sidelines.

After the actual intervention, I shorted the long retracement that fell sharply.

There was a lower wick at the M15 level around 140.50 support, so I exited. About +150 pips.

・Market environment and today's strategy

Yesterday there was BOJ intervention, and ultimately the morning scenario played out as expected.

Moving forward, determining the bias looks to be more challenging.

Basically, I want to base trades on the high/low of yesterday's daily chart.

Note that the daily trend at the daily level has not yet been broken.