Release： 08/01/2023 19:46

Update： 08/01/2023 19:46

Series

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

FX Today's Trade Strategy 8/2

Trade from the Previous Day

・USDJPY Dollar-Yen (15-minute chart)

Yesterday, I created a range at the previous day’s high, and went long when it was broken to the upside.

Exited at the close of the H4 candle. +49 pips

・EURUSD Euro-Dollar (15-minute chart)

Yesterday, it broke below the previous day’s low, but I sensed buying strength (weakness of selling), and around 1.0950 there was a strong potential support, so I did not short and stayed flat.

〇 Market conditions and today's strategy

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