FX Today's Trading Strategy 8/7 +79.5 pips
Yesterday's Trades
・USDJPY Dollar/Yen (15-minute chart)
Yesterday, I skipped upside momentum up to the retracement and, since it looked like it was making a top at 146.50, I viewed this level as the retracement and shorted from the second peak.
I exited because it hadn’t broken the 144.50 neckline yet. +50.8 pips
・EURUSD Euro/Dollar (15-minute chart)
Yesterday, as per the morning strategy, I treated the portion above 1.0950 as a potential fake move, and entered short on a breakdown of the consolidation.
Exit since a bottom was formed at the point of yesterday’s sharp rise. +28.7 pips
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〇Market Environment and Today’s Strategy
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