[6/22] Tonight's USD/JPY scalping points and methods available for free public release

This is Tomizaki from Trading Office.

[6/22 Dollar/Yen Scalp Points]

Good work today! Let’s go with dollar/yen scalping again this evening!

First, here is today's Tokyo session overview.

Currently, the dollar/yen is around 161.70. This morning it started around 161.20, but during Tokyo time it moved with a predominance of dollar buying and yen selling.

There was a verbal intervention by Finance Minister Katayama, but the market did not react. He said, “We will respond appropriately whenever necessary,” but the wording about “firm measures” disappeared, clearly a downshift in tone. Should we expect no intervention until it breaks through 162 again? (This is my personal view...)

The dollar/yen is likely to advance about 50 pips from the morning level as we transition to overseas time.

Now, here are the points for tonight’s dollar/yen scalping.

● Movement around 16:00 London market open

● Movement around 22:00 New York market open (Dow opens at 22:30)

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Other notes ..

・There may be remarks from important figures during trades (22:00 remarks by US Federal Reserve Governor Waller; remarks by ECB President Lagarde)

・Be cautious of headlines related to US-Iran

・Be cautious of headlines related to BOJ forex intervention

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Tonight’s “1-minute scalp” has high attention due to a lack of notable US indicators or events, so the moves around market opens will be the main targets. For “1-minute scalp club” users, handling according to theory should be fine. Also, expect a bit of focus on 22:00 remarks by US Fed Governor Waller and Lagarde’s remarks.

Also, the short-only “15-minute scalp” is leaning toward dollar buying and yen selling, with a setup around 162, and there is no need to push positions aggressively. Tonight I’d like to stick to the safe route and focus on “1-minute scalp.”

Now, overseas time is about to begin!

Because scalping targets smaller profit margins, it’s easy to think there are opportunities 24 hours a day, but that’s not the case. By targeting periods with higher 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)

After US indicators/events are announced, volatility remains high and opportunities are plentiful. However, in the minutes immediately after the announcement, spreads may widen, so the rule is to enter only after the spreads return to normal levels.

Always check the US indicator/event schedule in advance on brokerage or FX provider websites. Knowing when opportunities arise allows you to accumulate profits efficiently.

Also, avoid positioning right before US indicators/events are released. If you go against the trend, you’ll be in trouble in an instant and could hit your stop loss. Careless mistakes are unacceptable, absolutely.

The US indicator/event schedule can be checked on each brokerage or FX provider’s website.

Of course there are many other points, but I have explained the minimum points you should hold when scalping the dollar/yen.

Also ..

Actually .. one of my trading methods, “15-minute scalp,” is completely free to view. I hope it can be of some reference to you. (Completely free.)

⇒Scalping Method Explanatory Book “15-Minute Hour Scalping”

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

If you aim higher, please consider it.

⇒“1-minute scalp using tick charts”