01/31/2023 19:03

Release： 01/31/2023 19:03

Update： 01/31/2023 19:03

Series

We deliver daily day trading strategies for Euro Dollar (EURUSD) and Dollar Yen (USDJPY).

FX Today’s Trade Strategy 2/1

Yesterday's Trades

・USDJPY Dollar/Yen

Yesterday, there was little price movement due to the range being narrow between resistance and support, so no trades.

・EURUSD Euro/US Dollar

Yesterday, the weekly low of 1.0835 was briefly breached, but strong reversal at 1.080 turned it into a fakeout.

I did not enter because I expected strong support near 1.080, so it was a no-trade.

Beginners are often fooled by moves like this.

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