05/15/2023 18:11

Release： 05/15/2023 18:11

Update： 05/15/2023 18:11

Series

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

FX Today's Trade Strategy 5/16

Yesterday's Trades

・USDJPY Dollar/Yen (15-minute chart)

Yesterday, the H4 chart quickly broke above the previous high of 135.75.

I entered after a pullback was formed, but the move did not extend much and a W-top formed, so I exited. +17 pips

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

Yesterday I watched the weekly low around 1.0850, but it did not break.

Since the anticipated movement did not materialize, I stayed flat (no trade).

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