[9/30] Tonight's USD/JPY scalping points and techniques freely published

This is Tomizaki from the Trading Office.

[September 30—Dollar/Yen Scalping Points]

Good work, everyone! Let’s do dollar/yen scalping again tonight!

First, a summary of today’s Tokyo session.

Currently, the dollar/yen is around 148.00. It started the morning around 148.60, but during Tokyo trading the risk-off move amid the U.S. government shutdown deadline approaching within 24 hours led to dollar selling.

There are announcements that a government shutdown could delay this week’s employment data release, but as usual there are pro-wrestling-like aspects, so I think it’s dangerous to push a sell too aggressively.

From the morning level, we seem set to drop about 60 pips and pass the baton to overseas trading. Also, if there is rebalancing, selling the dollar aroundロンフィク (Long-For-Index?) might occur.

Now, here are tonight’s dollar/yen scalping points.

● Movements near 16:00 London market open

● Movements near 22:00 New York market open (Dow opens at 22:30)

● Movements after the release of the U.S. Consumer Confidence Index and the U.S. JOLTS job openings

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● Pay attention to remarks from U.S. officials

● Pay attention to headlines related to the U.S. government shutdown

● Pay attention to headlines related to the Liberal Democratic Party leadership election

Tonight’s “1-minute chart scalping” will likely target movements near each market open, plus the moves after the 23:00 release of the U.S. Consumer Confidence Index and the U.S. JOLTS job openings. In particular, the “U.S. JOLTS job openings” report has high market attention. For users of the “1-minute scalping club,” handling according to theory should be fine.

Also, the “15-minute chart scalping,” which specializes in shorts, may present opportunities as the government shutdown countdown nears 24 hours and risk-off dollar selling becomes more common. However, there is also a pro-wrestling aspect, so pushing into a sale is dangerous, so we’ll wait for a slight rebound and look to sell around the 148 level. Think of it as a careful, iterative approach.

Thank you for your cooperation today as well!

Because scalping aims for small profit margins, people often think there are 24-hour chances, but that is not the case. By targeting periods with relatively high volatility, you can dramatically reduce the difficulty of trading.

The time periods I’m targeting are near the London market open and near the New York market open.

・London market open time (UTC-4 summer time 16:00 / UTC-5 winter time 17:00)

・New York market open time (UTC-4 summer time 22:00 / UTC-5 winter time 23:00)

Volatility remains high and opportunities abound immediately after U.S. indicators/events are released. However, in the minutes immediately after the release, spreads can widen, so the iron rule is to enter only after it returns to normal spreads.

Always check the U.S. indicators/events schedule in advance on broker or FX provider websites. Knowing the time windows when opportunities arise helps you accumulate profits efficiently.

Also, avoid positioning immediately before U.S. indicators/events release. If you go against the trend, you’ll be in trouble in an instant. Careless mistakes are unacceptable; absolutely avoid them.

The U.S. indicators/event schedule can be checked on each brokerage or FX provider’s website.

Of course there are many other points besides the three above, but I’ve discussed the minimum points you should keep in mind when scalping the dollar/yen.

Also...

Actually, one of my trading methods, “15-minute chart scalping,” is fully released for free. I hope it helps, even a little. (Completely free.)

⇒Scalping Method Explanatory Book “15-Minute Chart Scalping”

Additionally, on the following page I also publish my main trading method, “1-minute chart scalping,” so if you’re interested please check it out. (Sorry... this one is paid though.)

If you’re aiming higher, please consider it.

⇒“1-minute scalping” using tick charts