Can an EA that can respond to the yen exchange rate decline?

Hello! This is Coin.

The yen exchange rate has fallen sharply since last week.

Bank of Japan intervened in the foreign exchange market on the 11th, at a scale of 3.5 trillion yen.

On the 12th, another intervention at a scale of 2.1 trillion yen. Total: 5.6 trillion yen.

On the 16th, US CPI came in below expectations.

In this situation, traders judged further US rate cuts within the year and sold USD/JPY.

On the 17th, former President Trump, in an interview with Bloomberg,

said,

"We have a big currency problem. The dollar is strong, and the yen and yuan are weak."

As a result, USD/JPY plummeted.

Many traders who had anticipated dollar strength if Trump became president were surprised by this remark, causing USD/JPY to plunge unexpectedly.

Since we cannot speak about the future, I must remain silent about future developments, but

a strategy different from a consistently rising market may be necessary.

Now, there are many EAs targeting the yen, but can they handle a downtrend?

And now, suddenly, a commercial break!!

Only those who want to watch, please do.

EA「Team Umeozono’s this year’s situation (below) and the realistic conditions of the wild July.

On July 12, right after the drop,「Team Umeozono real trading situation. It was tasty. (^▽^)/