Release： 02/01/2023 19:13

Update： 02/01/2023 19:13

Series

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

FX Today's Trading Strategy 2/2

Trade from the Previous Day

・USDJPY Dollar/Yen

Yesterday there was an attempt to test the previous day's high during Tokyo time, followed by a decline.

Since I couldn't enter from a high position, I shorted on breaking the previous day's low.

I planned to cut losses if it rebounded at 129.50, but it broke through and I held.

Exited before midnight data release. +37 pips

・EURUSD Euro/Dollar

In the H4 chart, after it confirmed breaking above the previous day's high, which I viewed as a key level, I went long.

Exited before midnight data release. +26 pips

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