The dollar/yen moves with the article development. It will basically look like this...

Hello everyone.

First, the top news

Japan’s PM Ishiba: Will Realize Wage Hikes That Beat Inflation; Was Not Able To Respond To Hopes About Changing LDP

BOJ’s Himino: Appropriate to Keep Raising Rates in Line with Economic, Price Trends

Today’s USD/JPY rose sharply from the lower end of the daily range, and as of 17:30 it’s showing about a 1.5 yen price movement.

It’s easy to understand movement, but I’ve written an article explaining the forecast or chart interpretation, so I hope you’ll read it.

When Will the Daily Range End? This Week’s US Jobs Report?

USD/JPY daily and hourly charts

In hindsight, this is how it has been moving, as described in yesterday’s and the day before yesterday’s articles.

This range pattern might be considered valid.

If it looks like this, there is value in testing positions.

If it doesn’t work out, you can cut losses anyway.

Trying to win everything leads to incorrect judgments and makes it hard to cut losses, so treat losses as a cost.

In business, procurement costs and sales generate profit from the difference, so the same applies to trading losses & gains.

Currently, USD/JPY is within a range of a little over 2 yen.

The range is quite wide, so even a bad trade can still be salvaged, but if you do it, you should take positions based on your own conviction.

I think the key is to face the market with the mindset of waiting until you are emotionally at your limit before taking a position.

The three products I, as a trader, recommend are the following.

That’s all.

Thank you for your continued support today as well.