[2/12] Tonight's USD/JPY scalping points and techniques free公開中
This is Tomizaki from Trading Office.
【2/12 USD/JPY Scalping Points】
Thank you for your hard work! Now, let's do USD/JPY scalping again tonight!
First, today's Tokyo session overview.
Currently, USD/JPY is around 153.30. This morning it started around 153.20, and during Tokyo hours the yen has been strengthening rapidly for several days. However, after Finance Minister Sonami made yen-softening remarks, around 12:30 Japan time it fell to around 152.30 (today's Asian low).
Nevertheless, it did not drop to the U.S. rate check level from last month and rebounded, forming a “give-and-take” move, and is likely to hand over to the overseas session at roughly the same level as in the morning.
It seems there were quite a lot of forced short-covering buys from those who sold aggressively.
Now, here are the points for tonight's USD/JPY scalping.
● Movement around the London market open
● Movement after the release of the U.S. initial jobless claims
● Movement around the New York market open (Dow opens at 23:30)
● Movement after the U.S. existing home sales data
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Other notes…
・Last night’s U.S. employment statistics were strong, but the downward revision to the annual rate did not erase expectations for early U.S. rate cuts.
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Tonight’s “1-minute chart scalping” will target moves around market opens plus the moves after the 22:30 initial jobless claims and the 24:00 existing home sales data releases. For users of the “1-minute scalping club,” handling as per theory should be fine.
Also, for the short-only “15-minute scalping,” although last night’s U.S. jobs data was strong, the annual downward revision means early-rate-cut expectations haven’t vanished, so it could be worth trying. The entry should wait for a slight pullback and be in a selling zone above 153 yen.
With that, overseas trading time will begin shortly!
Because scalping targets small profit margins, it’s easy to think there are 24-hour opportunities, but that’s not the case. By targeting periods with relatively high volatility, you can significantly reduce trading difficulty.
The time frames I target are around the London market open and around the New York market 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)
Volatility remains high immediately after U.S. releases, presenting many opportunities. However, in the minutes right after the release, spreads may widen, so the rule is to enter only after they return to normal levels.
Always check the U.S. indicators and event schedule in advance. Knowing when opportunities will come helps you build profits efficiently.
Also, absolutely avoid positioning right before U.S. indicators/events. If you go against it, you’ll be wiped out in an instant. Careless mistakes are unacceptable.
U.S. indicators and event schedules can be checked on the websites of each brokerage and FX company.
Of course, there are other points besides the three above, but I’ve shared the essential points you should keep in mind when scalping USD/JPY.
Also…
Actually, one of my trading methods, “15-minute scalping,” is completely free and open to the public. I hope it can be of some help. (Totally free.)
⇒Explanation of the scalping method “15-minute scalping”
Also, on the following page, you can find my main trading method, “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