【5/20】Tonight's USD/JPY scalping points and methods free公開中
This is Tomizaki from the Trading Office.
【5/20 USD/JPY Scalping Points】
Thanks for your hard work! Okay, let's do USD/JPY scalping again tonight!
First, here is today's Tokyo session overview.
Currently, USD/JPY is around 158.95. This morning it started around 159.00, and during the Tokyo session there were remarks suggesting further intervention, such as U.S. Treasury Secretary Yellen saying “excessive exchange rate fluctuations are undesirable,” and Finance Minister Suzuki saying “I believe Japan's stance on its exchange policy has been understood,” which could remind the market of potential intervention, but the market did not react strongly, and it remains slightly heavy on the upside.
USD/JPY continues to move nervously around the psychological level near 159 yen. It seems the market will hand over to overseas trading at roughly the same level as the morning.
Now, the points for tonight's USD/JPY scalping.
● Movements around the London market open
● Movements around the New York market open (Dow opens at 22:30)
● Movements after the release of the FOMC minutes at 27:00
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Other notes..
・There may be statements from notable figures during trades (22:15, remarks by a Federal Reserve official)
・Be cautious of headlines related to BoJ currency intervention
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Tonight's “1-minute scalping” will target moves around each market open plus moves after the 27:00 FOMC minutes release. For users of the “1-minute scalping club,” handling as per theory should be fine. Also, there is some anticipation for the 22:15 comment by a Fed official. Although U.S. data is late at night, volatility in USD/JPY has been low recently, so let's stay awake for this.
Additionally, the “15-minute scalping” strategy, focused on shorts, has become somewhat wary of intervention due to yesterday's comments by U.S. and Japanese finance ministers, making upside range heavy; it may be worth trying. The trigger would be a setup that allows selling around the 159 yen level.
Now, overseas trading is about to begin!
Because scalping profit margins are small, one might think there are 24-hour opportunities, but that is not the case. Targeting higher volatility periods can dramatically reduce the difficulty of trading.
The time periods I target are around the London market open and the New York market open.
・London market open time (16:00 during US daylight saving time / 17:00 during US standard time)
・New York market open time (22:00 during US daylight saving time / 23:00 during US standard time)
After U.S. data/events are released, volatility rises and opportunities increase. However, in the minutes immediately following the release, the spread can widen, so the rule is to enter only after the spread returns to normal.
Please always check the U.S. data and event schedule in advance. Knowing the time windows when opportunities occur helps you efficiently accumulate profits.
Also, avoid positioning immediately before U.S. data/events. If you go the wrong way, you will be hit hard. Careless mistakes are not acceptable, absolutely not.
U.S. data/event schedules can be checked on the websites of each securities or FX broker.
Of course, there are many other points, but I’ve discussed the essential points to keep in mind when scalping USD/JPY.
Also..
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Also, on the following page, I am sharing my main trading method, the “1-minute scalping,” so if you are interested, please check it out. (Sorry… this one is paid.)
If you are aiming higher, please consider it.
⇒“1-Minute Scalping” Using a Tick Chart