leej1382's Blog

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Feb 5th (USD/JPY, EUR/JPY)

I drew two simple boxes on USD/JPY, EUR/JPY.
I'm waiting the open point.
If price broke out the box and SMA(200), I will open the trading.
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Feb 3rd - Asian Market

EUR/JPY
I made a simple box and the sell candle broke the box early. I opened a sell trading at the red circle point and S/L is -30 pips.
Now 9:30 (UTC+0900), there is a resistance around SMA(200) line.
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Feb 2nd - good signal

USD/JPY
SMA(200) is just broken by a buy candle. I think it goes up today.
I set S/L -30 pips.
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Feb 2nd

USD/JPY
It's the first day of this month. I draw a simple box and opened at the red circle point.
I hope it goes up.
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Box break out strategy

I only use "Box break out" strategy in this month. And I think it has been working good so far.
I drew 2 vertical lines and 2 horizontal lines.
The vertical lines are 7am to 9am (GMT+9:00)
The horizontal lines are at the high and at the low of candles.
If a candle breaks out the box, I opened a trade. (I have already opened a buy today)
It's pretty simple!
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leej1382 26 Jan.

I got 50 pips today in USD/JPY.

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