[10/15] Tonight's USD/JPY scalping points and methods are freely published

This is Tomizaki from Trading Office.

【Points for USD/JPY scalping on 10/15】

Nice work today! Let’s continue with USD/JPY scalping tonight as well!

First, from today’s Tokyo-hour overview.

Currently USD/JPY is around 151.20. This morning it started around 151.70, but during Tokyo time, amid Powell's indication of possible rate cuts in October and December, the US-China trade tensions, and the U.S. Senate’s eighth rejection of the “continuing resolution,” selling of the dollar prevailed.

Around 12:00 Japan time it fell to today’s Tokyo low of around 151.00, but then recovered a bit, and from the morning level it’s about 50 pips lower, likely handing over to the overseas session.

Also, today’s scheduled US CPI was postponed. After the data release, movement tends to be easy to scalp, so I hope the continuing resolution gets passed soon…

Now, the points for USD/JPY scalping tonight.

● Movements around 16:00 London market open

● Movements after the 21:30 release of the “US NY Fed Manufacturing Index”

● Movements around the 22:00 New York market open (and 22:30 Dow open)

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● Be cautious of headlines related to the appointment of the prime minister

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

● Be cautious of statements from U.S. officials

● Be cautious of earnings announcements by major US companies

Tonight’s “1-minute scalp” will target moves around market opens plus the movement after the 21:30 release of the US NY Fed Manufacturing Index. For users of the “1-minute scalp club,” following the theory should be fine.

Also, the short-only “15-minute scalp” could have strong dollar-selling pressure due to expectations of US rate cuts and US-China trade tensions, offering a potential opportunity. If I can wait for a slight rebound and sell around the mid-151 level, I’ll enter.

Now the overseas session is about to start!

Because scalping aims for small profit margins, it’s easy to think there are opportunities 24 hours a day. That’s not the case. By targeting times with relatively high volatility, you can significantly reduce the difficulty of trading.

The time slots I target are around the London market open and around the New York market open.

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

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

There’s often high volatility and many chances immediately after US data releases or events. However, in the first few minutes after the release, spreads can widen, so always re-enter once the spread returns to normal.

Always check the US indicators/events schedule in advance. Knowing when chances will come helps you accumulate profits efficiently.

Also, absolutely avoid positioning right before US indicators/events. If you go against it, you’ll be unable to recover. Careless mistakes are not acceptable.

US indicators/events schedules can be checked on each broker’s or FX firm’s website.

Of course there are other points as well, but here I’ve covered the minimum points you should know when scalping USD/JPY.

Also..

Actually, one of my trading methods, the “15-minute scalp,” is completely公開 (public) for free. I hope it can be of some help. (Totally free.)

⇒Scalping Method Guidebook “15-Minute Scalping”

Additionally, on the following page I’ve公開 (published) my main trading method, the “1-minute scalping,” so if you’re interested please take a look. (Sorry… this one is paid.)

If you aim even higher, please consider it.

⇒“1-minute scalping” using tick charts