【3/11】Tonight's USD/JPY scalping points and methods free 공개가 중지
This is Tomizaki from Trading Office.
【3/11 USD/JPY Scalping Points】
Thank you for your hard work! Alright, let's do USD/JPY scalping again tonight!
First, today's Tokyo session overview.
Currently, USD/JPY is around 158.20. This morning it started around 158.00, but in the early Tokyo session there were moments of dollar selling after reports of the IEA’s largest-ever oil release plan, which were observed.
However, there were also reports that Iran placed mines in the Strait of Hormuz, and demand for dollar buying during a crisis remains strong, and the dollar began to be bought again afterward.
Around 11:30 JST it rose to around 158.40; it pulled back a bit, rising about 20 pips from the morning level, likely handing over to overseas time.
Above 158, there will likely be some caution about BOJ currency intervention.
Now, the points for tonight's USD/JPY scalping.
● Movements around 16:00 when the London market opens
● Movements after the US CPI release at 21:30
● Movements around the New York market open (Dow opens at 22:30)
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Other notes ..
・Be mindful of headlines related to Middle East tensions
・Be mindful of headlines related to BOJ intervention
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Tonight's "1-minute chart scalping" is likely to target moves around each market open plus the moves after the 21:30 US CPI release. For users of the "1-minute scalping club," handle as per the theory and there should be no problem. Also today, headlines related to Middle East tensions require caution. The market seems to swing with the Hormuz Strait and oil prices.
Also, the "15-minute chart scalping" for short-only trades, with reports that Iran placed mines in the Strait of Hormuz, still shows strong dollar buying during crises, so take it easy. Tonight I plan to focus on "1-minute scalping."
Now, overseas time is about to start!
Scalping often seems like it has small target margins, leading to the belief that there are 24-hour opportunities, but that is not the case. By targeting periods with relatively high volatility, you can substantially 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 (16:00 US夏時間 / 17:00 US冬時間)
・New York market open times (22:00 US夏時間 / 23:00 US冬時間)
There is high volatility and many opportunities right after US economic indicators/events are released. However, in the minutes immediately after the release, the spread can widen, so the rule is to enter only after it returns to the normal spread.
Please always check the US indicators/events schedule in advance. Knowing the times when opportunities come around allows you to accumulate profits efficiently.
Also, never position immediately before US indicators/events announcements. If it goes against you, it can be devastating—you can be stopped out in an instant. Carelessness is not acceptable, absolutely.
You can check the US indicators/events schedule on the websites of each brokerage/FX provider.
Of course, there are many other points, but I have explained the essential points to keep in mind when scalping USD/JPY.
Also ..
Actually, one of my trading methods, the "15-minute chart scalping," is completely公開 for free. I hope it will be of some help. (Completely free.)
⇒Scalping Method Guidebook "15-Minute Chart Scalping"
Also, on the following page, I have公開 my main trading method "1-minute chart scalping," so if you are interested, please check it out. (Sorry .. this one is paid ...)
If you aim higher, please consider it.
⇒"1-minute chart scalping" using tick charts