【4/14】Tonight's USD/JPY scalping points and methods free公開中
This is Tomizaki from Trading Office.
【4/14 Dollar-Yen Scalp Points】
Good work everyone! Alright, let’s do the dollar-yen scalping again tonight!
First, overview of Tokyo time today.
Currently, the dollar-yen is around 159.20. This morning it started around 159.40, but during Tokyo time the decline from last night’s New York session continued, dropping to around 158.95 (today’s Asia low) just after 14:00 Japan time.
The reason seems to be that crude oil futures fell below $100 as ships passing through the Hormuz Strait faced the largest disruption since closures.
Nevertheless, near the 159 level, the decline paused perhaps due to uncertainty in U.S.-Iran tensions, and it may hand over to overseas trading with about a 20-pip drop from the morning level. Depending on headlines, it wouldn’t be surprising if demand for the dollar flares up again amid a crisis.
Now, the key points for tonight’s dollar-yen scalping.
● Movements near the London market open around 16:00
● Movements after the U.S. Producer Price Index release at 21:30
● Movements near the New York market open around 22:00 (Dow opens at 22:30)
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Other notes..
・Be careful with headlines related to U.S.-Iran tensions
・Be careful with headlines related to BoJ FX intervention
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Tonight’s “1-minute scalp” will target movements near market opens, and while attention isn’t high, the move after the 21:30 U.S. PPI release may become a focus. For users of the “1-minute scalp club,” handle according to the theory, no problem. Tonight, the market-moving factors will mainly be headlines related to U.S.-Iran tensions.
Also, the “15-minute scalp” for shorts, which focuses on selling at retracements, could be viable since there’s no image of buying in the 160 yen area. The entry point would be waiting for a retrace and selling around the mid-159s if possible.
Now the overseas session will start shortly!
Because scalping targets small profit margins, one might 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 periods I target are around the London market open and 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 immediately after U.S. data and events, volatility tends to rise and opportunities increase. However, in the first few minutes after the release, spreads may widen, so always enter after spreads return to normal levels—this is essential.
Always check the U.S. indicators and events schedule in advance. Knowing when the opportunities come helps you accumulate profits efficiently.
Also, never position right before U.S. indicators and events. If you go against the trend, you can’t stop the loss. Careless mistakes are unacceptable, absolutely.
The U.S. indicators and events schedule can be checked on each brokerage or FX company’s website.
Of course, there are many other points, but I’ve shared the minimum essentials to keep in mind when scalping the dollar-yen.
Also…
Actually, one of my trading methods, “15-minute scalp,” is fully released for free. I hope it’s of some help. (Totally free.)
⇒Scalping Method Explanation Book “15-Minute Scalp”
Also, on the following page I’ve published my main trading method, “1-minute scalp,” 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