I tried a quick day trade before lunch! A market this easy to understand is珍しい…
March 3, 2025, 11:25, USDJPY 5-minute chart.
I made a quick trade before lunch.
Since December last year, I have had a hypothesis that the price swings within a range of plus/minus 100 pips around 150 yen, and since that hypothesis has not been disproven, I simply shorted near 151 yen.
Of course, I didn’t place a bid at 151 yen and short decisively.
Watching the reaction around the high of last Friday, I confirmed a small trend reversal (double top) formed, and after the neckline broke to the downside, I shorted 300,000 units on the retracement. The part in the white circle.
I closed in stages and earned a total of 120,000 yen. About 40 pips on average.
There must have been quite a few people who shorted at the same place as me, right?
It looks like I can have a delicious meal!
The original indicator I use can be downloaded for free.
↓ Download here
I made a quick trade before lunch.
Since December last year, I have had a hypothesis that the price swings within a range of plus/minus 100 pips around 150 yen, and since that hypothesis has not been disproven, I simply shorted near 151 yen.
Of course, I didn’t place a bid at 151 yen and short decisively.
Watching the reaction around the high of last Friday, I confirmed a small trend reversal (double top) formed, and after the neckline broke to the downside, I shorted 300,000 units on the retracement. The part in the white circle.
I closed in stages and earned a total of 120,000 yen. About 40 pips on average.
There must have been quite a few people who shorted at the same place as me, right?
It looks like I can have a delicious meal!
The original indicator I use can be downloaded for free.
↓ Download here
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