FX Today's Trading Strategy 7/31
Trade of the Previous Day
・USDJPY Dollar/Yen (15-minute chart)
On Friday, I went long following the morning strategy’s rebound at 139.0.
It started to consolidate around the resistance around the H4 MA, so I exited. +89 pips
・EURUSD Euro/Dollar (15-minute chart)
Although the initial view was bearish, a W-shaped bottom on the M15 level was confirmed at 1.0950, so I went long with the support of 1.0950 as the floor.
Exiting when a top wick appeared on the M15 during a pullback. +36 pips
〇 Market Environment and Today's Strategy
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