[10/3] Tonight's USD/JPY scalping points and methods free公開中

This is Tomizaki from Trading Office.

【10/3 USD/JPY Scalping Points】

Good work everyone! Now, let's do USD/JPY scalping again tonight!

First, here is the Tokyo session overview for today.

Currently, USD/JPY is around 147.70. This morning it started around 147.20, but during the Tokyo session, Governor Ueda of the Bank of Japan indicated a basic stance of continuing to raise policy rates while also stating that “it is important to maintain a loose financial environment,” which led to yen selling prevailing.

Although the stance remains unchanged, in markets pricing in a rate hike in October, it sounds dovish, perhaps. From the morning level, it could rise about 50 pips and transition to the overseas session.

Also, the announcement of the U.S. employment statistics scheduled for tonight is highly likely to be postponed, so attention is likely to turn to the 23:00 release of the ISM Non-Manufacturing PMI.

Now, the points for tonight’s USD/JPY scalping.

● Movements around the London market open near 16:00

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

● Movements after the U.S. ISM Non-Manufacturing PMI release at 23:00

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● Be mindful of headlines related to the U.S. government shutdown

● Be mindful of headlines related to the Liberal Democratic Party leadership race

Tonight’s “1-minute chart scalping” will likely target movements around each market open plus movements after the 23:00 U.S. ISM Non-Manufacturing PMI release. Because some U.S. government agencies may close, the release of the employment statistics could be postponed, increasing attention. For subscribers of the “1-minute Scalping Club,” it should be fine to handle according to theory.

Also, the short-only “15-minute chart scalping” is prone to yen selling as Governor Ueda’s statements are perceived as dovish by the market, so today it’s best not to push it. It would be wise to refrain from entries.

Now we’ll soon begin in overseas hours!

Because scalping targets small profit margins, it can be easy to think there are 24 hours of opportunities, but that is not the case. By targeting times with relatively high volatility, you can significantly reduce the difficulty of trading.

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

・London market open times (US daylight time 16:00～ / US standard time 17:00～)

・New York market open times (US daylight time 22:00～ / US standard time 23:00～)

Even immediately after U.S. data or events, volatility remains high and opportunities are abundant. However, in the minutes immediately after the release, spreads can widen, so the rule is to always act after it returns to normal spreads.

Please always check the U.S. indicators and event schedules in advance. By knowing when opportunities come, you can accumulate profits efficiently.

Also, absolutely avoid positioning immediately before U.S. indicators or events. If you go against the trend, it’s hard to recover. You could reach your stop-loss in an instant. Carelessness is not allowed, absolutely not.

U.S. indicators and event schedules can be checked on the websites of each brokerage or FX provider.

Of course, there are many other points beyond the three mentioned above, but these are the minimum points I wanted to cover for scalping USD/JPY.

Also...

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If you’re aiming higher, please consider it.

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