[6/29] Tonight's USD/JPY scalping points and methods free公開中 Note: The original Japanese contains "公開中" meaning "now公開" or "free公開中" = "currently public/free to access." Also "ドル円" = USD/JPY, "スキャルピング" = scalping, "の" possessive, "ポイント & 手法無料公開中" = "poin
Tomizaki from the Trading Office.
【6/29 USD/JPY Scalp Points】
Good work everyone! Let’s do the USD/JPY scalping again tonight!
First, here is today’s Tokyo session overview.
Currently, USD/JPY is around 161.80. This morning it started at around 161.70, but in the Tokyo session it moved back toward just under 162 with a slight dollar-buying bias.
The scene is set for dollar-buying pressure driven by expectations of higher U.S. rates, with intervention concerns keeping the upside limited, but there’s a sense that 162 may be broken soon. There are probably stops piled up around the 162 level, so I feel it may bounce up to the mid-162s.
Well, the timing to make a full-on attempt may come after this week’s U.S. employment report, though…
USD/JPY is likely to hand off to the overseas session at roughly the same level as in the morning.
Now, the points for tonight’s USD/JPY scalping.
● Movements near the London market open around 16:00
● Movements near the New York market open around 22:00 (Dow opens at 22:30)
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Other notes…
・Be aware of headlines related to BOJ currency intervention
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Tonight’s “1-minute chart scalping” has no major U.S. indicators or events scheduled, so there isn’t particular market-moving news; the movements around each market open are likely the targets. For users of the “1-minute chart scalping club,” handling them according to theory should be fine.
Also, the short-only “15-minute chart scalping” is leaning toward dollar-buying with a watch for 162, and there’s no need to push positions aggressively. Tonight I’d like to focus safely on “1-minute chart scalping.” Since it’s the start of the week, proceed cautiously.
Now the overseas session is about to start!
Scalping tends to be thought of as having small profit margins, so it seems like there are 24-hour opportunities, but that’s not the case. Targeting times with higher volatility can drastically lower the difficulty of trading.
The timeframes I target are around the London market open and 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 U.S. indicators or events are released, volatility remains high and opportunities increase. However, in the minutes immediately after the release, spreads can widen, so always strike after the spread returns to normal.
Please check the U.S. indicators and events schedule in advance. Knowing the times when opportunities will come allows you to accumulate profits more efficiently.
Also, absolutely avoid positioning immediately before U.S. indicators or events. If you go against them, you’ll be blown away. Careless mistakes are not acceptable, absolutely not.
The U.S. indicators and events schedule can be checked on the websites of each brokerage and FX provider.
Of course there are other points besides these three, but I’ve explained the minimum points you should keep in mind when scalping USD/JPY.
Also…
In fact, I am fully releasing one of my trading methods, the “15-minute chart scalping,” completely free. I hope it may be of some help (completely free, by the way).
⇒Scalping Method Guidebook “15-minute Chart Scalping”
Also, on the following page, I’ve published my main trading method, the “1-minute chart scalping,” so if you’re interested please check it out. (Sorry… this one is paid…)
If you’re aiming higher, please consider it.
⇒“1-minute chart scalping” using tick charts