Release： 05/10/2023 18:24

Update： 05/10/2023 18:24

Series

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

FX Today's Trade Strategy 5/11

Trading from the Previous Day

・USDJPY Dollar/Yen (15-minute chart)

Yesterday, waited until the 21:30 economic report was released.

After the release it fell, breaking the previous day's low, so I waited for it to return to that level and confirm a reversal before going short.

The movement was fast, so I traded while watching the 1-minute chart.

There was a possibility that the daily moving average could provide support, so I exited early.

It was a high-difficulty trade. +23 pips

・EURUSD Euro/U.S. Dollar (15-minute chart)

Yesterday I felt the 1.0950 floor was solid, so I aimed for a long, but couldn't enter because it rose sharply on the data release.

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