【12/5】Tonight's USD/JPY scalping points & methods free公開中
This is Tomizaki from Trading Office.
[12/5 Dollar-Yen Scalping Points]
Good work everyone! Now let's go with dollar-yen scalping again tonight!
First, the Tokyo session overview for today.
Currently, the USD/JPY is around 154.65. This morning it started around 155.05, but during Tokyo hours it reacted to Bloomberg's report that “the Bank of Japan will raise rates in December and is expected to maintain a stance of continued rate hikes afterward,” and it fell to around 155.50 as a low from yesterday. It seems like information that’s already out there was stirred up again.
From the morning level, about a 40-pips drop as it heads into overseas trading.
Later, attention will be on whether the overseas players push it lower than yesterday’s low with a rush selling move... but it’s the weekend, and next week is the FOMC, so they probably won’t push too hard.
Now, the points for tonight's USD/JPY scalping.
● Movements around 17:00 London market open
● Movements around 23:00 New York market open (Dow opens at 23:30)
● Movements after the release of “U.S. Personal Income” and “U.S. University of Michigan Consumer Confidence Index” at 24:00
———
● Be careful of headlines related to U.S.-Japan policy rates
Tonight’s “1-minute chart scalping” will likely target moves around market opens and the moves after the 24:00 releases of the “U.S. Personal Income” and the “U.S. University of Michigan Consumer Confidence Index.” For users of the “1-minute scalping club,” handling according to the theory should be fine.
Also, the “15-minute chart scalping” focused only on shorts, as in yesterday, is expanding to embed the Bank of Japan rate hike expectations, so it may be worth aiming for. The entry point would be after a bit of a pullback, when it can sell around the 155 level.
With that, overseas trading is about to begin!
Because scalping targets small profit margins, it is easy to think there are 24-hour opportunities, but that’s not the case. By aiming for time periods with relatively high volatility, you can significantly reduce the difficulty of trading.
The time periods I target 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–)
There is high volatility and many opportunities immediately after U.S. indicators and events are announced. However, in the first few minutes after an announcement, the spread may widen, so the rule is to enter only after it returns to the normal spread.
Always check the U.S. indicators and event schedules in advance. Knowing the times when opportunities will arise helps you accumulate profits efficiently.
Also, absolutely avoid positioning immediately before U.S. indicators and events. If you go against it, you’ll be hit hard. You can’t afford to make careless mistakes.
U.S. indicators and event schedules can be checked on the websites of various securities companies and FX brokers.
Of course, there are other points as well, but I’ve talked about the minimum points you should keep in mind when scalping USD/JPY.
Also...
In fact, one of my trading methods, the “15-minute chart scalping,” is completely free to access. I hope it will be of some help. (Completely free.)
⇒Scalping Method Explanation Book “15-Minute Chart Scalping”
Also, on the following page, I’ve published my main trading method, the “1-minute chart scalping,” so if you’re interested please check it out. (Sorry... this one is paid.)
If you want to aim even higher, please consider it.
⇒“1-minute chart scalping” using tick charts
