【5/14】Tonight's USD/JPY scalping points and methods free公開中

This is Tomizaki from Trading Office.

【5/14 USD/JPY Scalping Points】

Thanks for your hard work! Now, let's dive into USD/JPY scalping again tonight!

First, the overview of Tokyo hours today.

Currently, USD/JPY is around 157.90. The pair started this morning around 157.80, but during Tokyo time it reacted sensitively to Deputy Governor of the Bank of Japan's remarks—“if there are no clear signs of economic deterioration, an early rate hike would be desirable”—and fell about 50 pips at one point.

As expected, the market remains sensitive to the near-158 level, viewed as a defense line by the government and the BOJ.

Nevertheless, the trend of dollar buying and yen selling supported by high crude oil prices remains strong, and the market is cautious but aiming for another test of 158, with levels near the morning’s range likely to be handed over to the overseas session.

Be mindful of headlines related to the upcoming U.S.–China summit that may come out later.

Now, here are tonight’s USD/JPY scalping points.

● Movements around the London open near 16:00

● Movements after the release of U.S. initial jobless claims and retail sales at 21:30

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

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Other notes…

・U.S.–China summit concluded

・Headlines related to U.S.–Iran tensions to watch

・Headlines related to BOJ forex interventions to watch

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Tonight’s “1-minute chart scalping” targets will include moves around market opens plus after 21:30’s U.S. initial jobless claims and retail sales. For users of the “1-minute scalping club,” handling as per theory should be fine.

Also, the “15-minute scalping” for short-side trades remains cautious due to intervention risk, while dollar buying supports a broad yen sale; there’s no need to force positions. Tonight I plan to focus on the solid approach of “1-minute scalping.”

Now, the overseas session is about to begin!

Scalping profits are small, so one might think there are opportunities 24 hours a day, but that isn’t the case. By targeting periods with relatively high volatility, you can significantly reduce trading difficulty.

The time slots 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 immediately after U.S. data/events, volatility rises and opportunities increase. However, in the minutes right after the release, the spread can widen, so always act after it returns to normal spreads.

Please always check the U.S. indicators/events schedule in advance. Knowing when opportunities will come helps you accumulate profits efficiently.

Also, absolutely avoid positioning immediately before U.S. indicators/events. If you go against the move, you’ll be wiped out in an instant. Careless mistakes are unacceptable, absolutely.

U.S. indicators/events schedules can be checked on the websites of each brokerage/FX provider.

Of course there are many other points besides the three above, but I’ve shared the essential points you should cover when scalping USD/JPY.

Also…

Actually… one of my trading methods, “15-minute chart scalping,” is fully公開 (completely free). I hope it can be of some help. (Completely free, by the way.)

⇒Scalping Method Guidebook “15-Minute Chart Scalping”

Also, on the following page I’ve公開 (made public) my main trading method, “1-minute chart scalping,” so if you’re interested please check it out. (Sorry… this one is paid.)

If you’re aiming even higher, please consider it.

⇒“1-minute chart scalping” using tick charts