USDJPY Trading Analysis 27.02.2025
Dear traders,
last time I shared with you a possible NASDAQ short trading opportunity.
Guess what?
It presented itself and I closed a 54X NASDAQ trade using my day trading strategy.
Here is the trade from last week taken in my day trading room:
Now, if I followed the rules of my day trading strategy to the T, this could have been a triple-digit trade, meaning over 100Xs…
Do I have any regrets?
Not really.
This is still a trade that gave me back $54 for each $1 risk.
This is what I call an asymmetrical trading opportunity.
Based on my day trading strategy, I do get between 3-7 such trades a month.
No wonder, I don’t really care about my win rate.
And neither should you!
If you have not yet, you might as well watch my take on that here:
USDJPY Trading Analysis 27.02.2025
Back to the drawing board…
What am I looking at today?
Here is the daily chart of the USDJPY.
I believe that we are onto a possible long trading opportunity.
There is a major demand zone.
There is also a bullish engulfing pattern confirming this zone.
Will I jump straight away?
Of course not!
I will be looking for a confirmation from the 4H chart.
I will be looking for a candlestick confirmation.
In the meantime, if my day trading strategy allows me to go long, I might consider opening a shorter-term trade.
Lastly, do not forget guys:
You and only you hold the key to success in trading.
You and only you can pass a challenge or become a consistent trader.
And again it is only you who hold the key to unlocking bigger returns.
And again it is only you who is holding you back.
Happy trading,
Atanas
P.S.
Want to join the day trading program? Check here if we are a good fit to work together.
I take only 5 traders a month, so there might be instant availability, but I will be happy to help in future intakes.