Release： 08/30/2023 20:32

Update： 08/31/2023 01:03

Series

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

FX Today's Trading Strategy 8/31

Trading from the Previous Day

・USDJPY Dollar/Yen (15-minute chart)

As expected in the morning yesterday, there was a small W top at 146.50 and a short at the pullback. I thought it would break below 145.50, but it rebounded, so I exited. +33 pips

・EURUSD Euro/Dollar (15-minute chart)

Yesterday moved as per the scenario, entered long at 1.0850 when a W-bottom formed. Exited at the previous week's high. +57 pips

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〇 Market Environment and Today’s Strategy

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