[10/13] Tonight's USD/JPY scalping points and methods free publication ongoing
This is Tomizaki from the Trading Office.
[10/13 Dollar-Yen Scalp Points]
Thank you for your hard work! So let's do dollar-yen scalping again tonight!
First, here is today's Tokyo session overview.
Currently, the dollar-yen is around 151.85. This morning it started around 151.80, but during the Tokyo session it traded in a narrow range due to Japan's market holiday.
It seems it will hand off to the overseas session at roughly the same level as in the morning.
Will the market shift from the Takashii (post-summit) market back to the Trump tariff market? For future catalysts, the leadership election and the US budget agreement are in focus. Whatever the cause, it would be nice if volatility increases for the market...
Note that today is a US holiday, but financial markets are generally open as usual. I will trade on the final day of the holiday in anticipation of movement during the main New York hours. Anyone else trading tonight? haha
Now, here are the points for tonight's dollar-yen scalping.
● Movements around 16:00 when the London market opens
● Movements around 22:00 when the New York market opens (Dow opens at 22:30)
———
● Be careful of headlines related to the leadership election
● Be careful of headlines related to the US government shutdown
Tonight's “1-minute chart scalping” has no US indicators or events scheduled, so there is no special material in the market. The target will likely be the moves around each market open. For users of the “1-minute chart scalping club,” handling according to theory should be fine. I’ll be trading as usual with small steps.
Also, the “15-minute chart scalping” for short-selling only is likely to find opportunities as the Takashii market cools and 152-yen level becomes heavy. If there’s a small pullback and I can sell around the 152 yen level, I will enter. Since I don’t expect a significant drop, fine-tuned short rotations should be OK.
Now, overseas market start is coming up soon!
Scalping tends to be thought of as having small profit targets, so people assume there are 24-hour chances, but that’s not the case. By targeting periods with relatively high volatility, you can substantially reduce the difficulty of trading.
The time I target is around the London open and around the New York open.
• London market open time (UTC: 16:00 in US daylight time / 17:00 in US standard time)
• New York market open time (UTC: 22:00 in US daylight time / 23:00 in US standard time)
Even immediately after US indicators or events are released, volatility remains high and opportunities appear. However, in the first few minutes after the release, the spread may widen, so always enter only after it returns to normal spreads.
Please check the US indicators and event schedule in advance. Knowing when opportunities will come allows you to accumulate profits efficiently.
Also, absolutely avoid positioning just before US indicators or events. If you go against the trend, it’s painful to watch. You can be wiped out to the stop-loss level in an instant. Carelessness is not acceptable, absolutely not.
US indicators and event schedules can be checked on the websites of各証券会社 and FX brokers.
Of course there are many other points besides these three, but I’ve explained the minimum points you should grasp when scalping the dollar-yen.
Also...
Actually... I’ve completely made one of my trading methods, “15-minute chart scalping,” freely available. I hope it helps in some small way. (Completely free, you know.)
⇒Scalping Method Guidebook “15-Minute Chart Scalping”
Also, on the following page, I’ve公開 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 aim to go even higher, please consider it.
⇒“1-minute scalping” using tick charts
