FX Today's Trade Strategy 7/12 +206.9 pips
Prev Day's Trades
・USDJPY Dollar-Yen (1-minute chart)
Yesterday fell sharply after the 21:30 CPI release.
Entered short when a retracement formed at 38.2% on the 1-minute chart.
Exited when the H1 candle showed a lower shadow. +206.9 pips
When moves after releases are fast, enter timing on the M1 candle rather than the usual M15.
・EURUSD Euro-Dollar (15-minute chart)
Yesterday, after the release, price surged and broke above the 1.0850 resistance, but as the spread narrowed and entry became possible, price had already reached near the next resistance around 1.090, so I did not enter.
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