[March 19] Tonight's USD/JPY Scalping Points and Methods Free Release

This is Tomizaki from Trading Office.

【3/19 USD/JPY Scalp Points】

Good work everyone! Let’s go with USD/JPY scalping again tonight!

First, from today's Tokyo time overview.

Currently, USD/JPY is around the 159.70 level. This morning it started around 159.75, but during Tokyo time there was no reaction even though the Bank of Japan's monetary policy meeting results were released, as they were in line with market expectations. It moved little around the high level after last night’s FOMC. The market’s attention remains on Middle East developments.

It seems it will hand over to overseas time at roughly the same morning level.

By the way, the BoJ policy meeting was decided to hold at 8-1, with only Governor Takata dissenting.

Now, in the overseas session, there is a mood that we might touch the 160 yen area, and if that happens, we’ll be entering the BoJ’s actual intervention territory. Exercise caution.

Now, the points for tonight’s USD/JPY scalping.

● Movements around the 16:00 London market open

● Movements after the 21:30 release of U.S. Initial Jobless Claims and the Philadelphia Fed Business Outlook Index

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

● Movements after the 23:00 release of the U.S. Leading Economic Index and New Home Sales

—–

Other notes…

・Be cautious of headlines related to Middle East developments

・Be cautious of headlines related to BoJ currency intervention

—–

Tonight’s “1-minute chart scalping” will target moves around each market’s open, plus the movements after the 21:30 U.S. Initial Jobless Claims and the Philadelphia Fed Index, and after the 23:00 release of the U.S. Leading Economic Index and New Home Sales. For users of the “1-minute Scalping Club,” handling as per theory should be fine. Also, continue to be mindful of headlines related to Middle East developments tonight.

Additionally, the “15-minute chart scalping” for pure shorts remains susceptible to safe-haven dollar buying due to Middle East concerns, but selling is likely around just before 160, so trying it is also an option. The entry point would be optimal if you can sell near just before 160. Keep a hopeful eye on verbal intervention…

Now, overseas time will start shortly!

Because scalping targets small profit margins, people often think there are 24-hour opportunities, but that’s not the case. By targeting times with relatively high volatility, you can significantly reduce trade difficulty.

The times 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)

Even right after U.S. data/events are released, volatility rises and there's more opportunities. However, in the minutes right after the release, spreads may widen, so always enter after the spreads return to normal.

Always check the U.S. data/event schedule in advance through your brokerage or FX provider’s website. Understanding the times when opportunities arise helps you accumulate profits efficiently.

Also, absolutely avoid positioning just before U.S. data/events releases. If you go against it, it’s hard to recover. You could be hit to the stop-loss in an instant. Carelessness is not acceptable, absolutely not.

U.S. data/event schedules can be checked on the websites of brokerage firms and FX brokers.

Of course, there are other points besides these three, but I’ve explained the minimum points you should keep in mind when scalping USD/JPY.

Also…

Actually, one of my trading methods, “15-minute Scalping,” is completely free to access. I hope it may be of some help (totally free).

⇒Scalping Method Explanation Book “15-Minute Scalping”

Also, on the following page, I’m公開 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