FX Today's Trading Strategy 10/2
Trading from the Previous Day
・USDJPY Dollar/Yen (15-minute chart)
Last Friday in the afternoon it dropped sharply. It was an unexpected development, so I stayed cautious, but I went long when the M15 long lower wick appeared at the 148.50 support.
This rate was the high of the previous week and an important inflection point.
Exited around 149.50. +74 pips
・EURUSD Euro/US Dollar (15-minute chart)
Last Friday it seemed to be forming a pullback at the previous day's high of 1.0579, but the data broke.
As per the morning scenario, viewed as a breakdown of the pullback, went long.
Exited in the evening when the upside momentum faded. +19 pips
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〇 Market Environment and Today’s Strategy
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