Release： 05/21/2023 18:39

Update： 05/21/2023 18:39

Series

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

FX Today's Trading Strategy 5/22

Trade from the Previous Day

・USDJPY Dollar-Yen (15-minute chart)

On Friday, as per the morning scenario, I went long at the pullback around 138.0.

I watched whether the day’s high would exceed 138.750, but it looked like it could form a falling W-top, so I exited. +27 pips

・EURUSD Euro-Dollar (15-minute chart)

On Friday, I observed a strong rebound at 1.0750.

I went long after a brief pullback on the M15 chart.

This move is the first wave, so I exited before the bearish second wave materialized. +24 pips

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