FX Today's Trade Strategy 4/16
Trading from the Previous Day
・USDJPY Dollar/Yen (15-minute chart)
Yesterday, from the morning, it broke above last week's high. It continued to rise steadily. No trades.
・EURUSD Euro/Dollar (15-minute chart)
Yesterday, as per the morning strategy, I aimed for a long position up to the retracement, but it rose only to 38.2% and I cut losses. -1.4 pips
After that, I went short from the retracement, but it rebounded at last week's low, so I exited. +12.6 pips
A trade that required a lot of effort for little profit.
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〇Market Environment and Today's Strategy
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