FX Today's Trading Strategy 10/13
EURUSD Euro Dollar
・Yesterday's Trade
Yesterday, as expected, price remained around 0.970.
There was no move above the H4MA that I considered resistance, so no trade.
・Market Environment and Today's Strategy
Currently, there is a tug-of-war between buyers and sellers.
0.970 continues to be watched.
Whether it breaks through the H4MA today is the key point.
If it breaks above, it would likely indicate the buyers’ dominance.
If that happens, I would like to follow suit simply.
USDJPY Dollar/Yen
・Yesterday's Trade
Yesterday, the buying pressure was strong as it even pushed above the previous month’s high of 145.90.
From 146.0 upward, I judged the risk to be high, so no trade.
・Market Environment and Today's Strategy
Yesterday I could not enter and watched with fingers crossed.
How to judge intervention risk is difficult due to limited historical data.
Even forcing an entry would be gambling-like trading.
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