[5/15] Tonight's USD/JPY scalping points and techniques are publicly available for free

This is Tomizaki from Trading Office.

【5/15 USD/JPY Scalping Points】

Thank you for your hard work! Let's do USD/JPY scalping again tonight.

First, here is today's Tokyo session overview.

Currently USD/JPY is around 158.60. This morning it started around 158.30, but during the Tokyo session, against the backdrop of concerns about prolonged Middle East tensions and higher crude oil prices, dollar buying has been favored.

USD/JPY has slowly risen and has decisively broken through the 158 level, which had been a defense line watched by the government and the Bank of Japan. From the morning level, about 30 pips higher, it looks like it will hand over to the overseas session.

It's Friday, the end of the week, so we should be mindful of the possibility of FX intervention. Even though this is scalping, I don't really want to hold long positions at this level...

Now, here are the USD/JPY scalping points for tonight.

● Movements near the London market open around 16:00

● Movements after the U.S. NY Fed manufacturing 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 attentive to headlines related to U.S.-China summit

・Be attentive to headlines related to U.S.-Iran tensions

・Be attentive to headlines related to BoJ FX interventions

—–

Tonight’s “1-minute scalping” will target moves near the market opens plus moves after the 21:30 release of the U.S. NY Fed manufacturing index. For users of the “1-minute Scalping Club,” as per theory, there should be no problem handling it.

Also, the short-only “15-minute scalping” approach, while wary of FX intervention, is dominated by dollar buying and yen selling driven by higher oil prices, and there isn't a situation where you need to force positions. Tonight I’d like to focus safely on the “1-minute scalping.” It’s weekend, so don’t overdo it.

Now the overseas session will start shortly!

Scalping tends to be thought of as having small target ranges and thus endless 24-hour opportunities, but that’s not the case. By aiming for periods with relatively high volatility, you can significantly reduce the difficulty of trading.

The time I target is 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)

Volatility rises and opportunities appear right after U.S. indicators/events are released. However, for the few minutes right after the release, spreads can widen, so the rule is to enter only after they return 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 right before U.S. indicators/events. If you go against it, it can be disastrous. You can be taken to your loss-cut line in an instant. Careless mistakes are unacceptable, absolutely.

U.S. indicators/events schedules can be checked on the websites of each securities or FX broker.

Of course, there are many other points beyond the three above, but I’ve discussed the essential points to keep in mind when scalping USD/JPY.

Also...

Actually, I have completely公開 one of my trading methods, the “15-minute scalping,” for free. I hope it can be of some help (completely free).

⇒Scalping Method Explanation Book “15-Minute Scalping”

Also, on the following page I have公開 my main trading method, the “1-minute scalping,” so if you’re interested please take a look. (Sorry… this one is paid.)

If you’re aiming higher, please consider it.

⇒“1-Minute Scalping” Using Tick Charts