[1/7] Tonight's USD/JPY scalping points & techniques free公開中
This is Tomizaki from Trading Office.
【1/7 USD/JPY Scalping Points】
Thank you for your hard work! Alright, let's scalp USD/JPY again tonight!
First, the overview of Tokyo time today.
Currently, USD/JPY is around the 156.50 level. This morning it started around 156.60, but in the early Tokyo session it traded in the upper 156 yen range, staying within a tight range.
However, as the afternoon progressed, yen buying gained the upper hand, and after 15:00 Japan time it fell to around 156.30, which became today's Asia session low. It then rebounded slightly and is expected to hand over almost at the morning level to the overseas session.
Movement remains narrow... It would be nice if some movement could start from tonight’s U.S. data release.
Now, the points for USD/JPY scalping tonight.
● Movements near the London market open
● Movements after the 22:15 release of the U.S. ADP Employment Report
● Movements around the New York market open (Dow opens at 23:30)
● Movements after the 24:00 releases of the U.S. ISM Non-Manufacturing Index and U.S. JOLTS
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● Be mindful of headlines signaling yen weakness
Tonight's “1-minute chart scalping” will target movements near each market open, plus the moves after the 22:15 U.S. ADP Employment Report and the 24:00 ISM Non-Manufacturing Index and JOLTS releases. For users of “1-minute scalping club,” handling as per theory should be fine.
Also, the “15-minute chart scalping” which is a short-side specialty is unlikely to see big moves at least until the U.S. data releases, so today it’s best not to push it. Tonight I’d like to focus on “1-minute scalping.”
With that, please take care today as well!
Because scalping targets small profit margins, it is often assumed there are opportunities 24 hours a day, but that is not the case. By aiming for periods with relatively high volatility, you can significantly lower the difficulty of trading.
The time periods I target are near the London Open and near the New York Open.
・London open time (UTC-4 in summer time / UTC-5 in winter time)
・New York open time (UTC-4 in summer time / UTC-5 in winter time)
Even immediately after U.S. data or events, volatility increases and there are many opportunities. However, for several minutes after the release, spreads can widen, so the rule is to enter only after the spread returns to normal.
Always check the U.S. data and event schedule in advance. By knowing when opportunities will arise, you can efficiently accumulate profits.
Also, position-taking immediately before U.S. data/events should be avoided at all costs. If you go against it, you can’t even see. Your stop can be hit in an instant. Careless mistakes are not allowed, absolutely.
U.S. data and event schedules can be checked on the websites of each brokerage or FX provider.
Of course there are other points besides the three above, but I’ve explained the minimum points to keep in mind when scalping USD/JPY.
Also...
Actually... I’m completely freely publishing one of my trading methods, the “15-minute chart scalping.” I hope it can be of some help. (Completely free.)
⇒Scalping Method Explanation Book “15-Minute Chart Scalping”
Also, on the following page, I’m publishing my main trading method, the “1-minute scalping,” so if you’re interested please check it out. (Sorry… this one is paid.)
If you’re aiming higher, please consider it.
⇒“1-minute scalping” using Tick Charts