[5/5] Today's USD/JPY scalping points and methods free公開中

This is Tomizaki from Trading Office.

【5/5 USD/JPY Scalping Points】

Thank you for your hard work! Now, let's do USD/JPY scalping again tonight as well!

First, here is today's Tokyo session overview.

Currently, USD/JPY is around 157.20. This morning, USD/JPY started around 157.15, but during the Tokyo session the market saw mixed factors: dollar buying due to caution on U.S.-Iran tensions, and yen buying due to intervention caution. It moved with little momentum throughout.

It seems we will hand off to the overseas session at roughly the same level as this morning.

The Tokyo session was remarkably stagnant. It’s a Golden Week market. Let’s look to the overseas session. Can we buy higher than the current level..?

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

● Movements near the London market open around 16:00

● Movements after the U.S. trade balance release at 21:30

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

● Movements after the U.S. ISM Non-Manufacturing PMI, JOLTS job openings, and new home sales releases at 23:00

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Other notes..

・There will be important public statements during the trade (23:00 U.S. Baumann, Federal Reserve Vice Chair)

・Be cautious of headlines related to U.S.-Iran tensions

・Be cautious of headlines related to BoJ currency intervention

—–

Tonight’s “1-minute Scalping” aims to capture moves around each market open, plus the post-release moves after 21:30 U.S. trade balance, and 23:00 U.S. ISM Non-Manufacturing PMI, JOLTS, and new home sales releases. For users of the “1-minute Scalping Club,” following the theory should be fine.

Also, for the short-only “15-minute Scalping,” there is no expectation to buy on pauses from intervention anticipation, but attempting it could be worth it. The setup area would be around the mid-157 yen level to sell. If it doesn’t look viable, I’ll cut quickly.

Now soon, overseas time will begin!

Because scalping targets small profit margins, one might think there are 24-hour opportunities, but that’s not the case. Focusing on periods with relatively high volatility greatly reduces trading difficulty.

The times I target are around the London market open and the New York market open.

・London market open times (U.S. daylight saving time 16:00 / U.S. standard time 17:00)

・New York market open times (U.S. daylight saving time 22:00 / U.S. standard time 23:00)

Volatility increases and opportunities arise immediately after U.S. data/events, but in the first few minutes after the release the spreads can widen, so the rule is to enter only after they return to normal spreads.

Always check the U.S. data/event schedule in advance. Knowing the times when opportunities will come allows you to accumulate profits efficiently.

Also, absolutely avoid positioning just before U.S. data/events. If you go against it, it can be devastating. It can bring your losses to the stop-loss level in an instant. Carelessness is not acceptable, absolutely.

The U.S. data/event schedule can be checked on the websites of each brokerage firm or FX provider.

Of course there are other points besides the three above, but I’ve covered the minimum points you should know when scalping USD/JPY.

Also..

Actually, one of my trading methods, “15-minute Scalping,” is completely freely published. I hope it can be of some help (completely free, you know).

⇒Scalping Method Guidebook “15-Minute Scalping”

Also, on the following page I have published my main trading method, “1-minute Scalping.” If you’re interested, please check it out (sorry, this one is paid...).

If you aim higher, please consider it.

⇒“1-minute Scalping” using Tick Charts