[7/1] Tonight's USD/JPY scalping points and methods free公開中

To Takasaki from Trading Office.

【7/1 USD/JPY Scalping Points】

Good job everyone! Let’s do USD/JPY scalping again tonight!

First, a recap of Tokyo time today.

Currently USD/JPY is around 162.70. This morning USD/JPY started around 162.60, but during Tokyo time it broke through the 162.00 level that had been a barrier, continuing the yen’s weakness, and rose to around 162.85, briefly reaching one of the highest levels in about 40 years.

Driven by the US-Japan interest rate differential, expectations of US rate hikes, and fiscal concerns, USD buying and yen selling continue.

There has been no movement from the government or the Bank of Japan so far. I wonder where their defense line will be set. Interventions that go against fundamentals will eventually correct themselves... unless we take a stronger option like a US-Japan coordinated intervention, this movement seems unlikely to stop.

USD/JPY will likely hand over to overseas time around the early morning level.

Now, points for tonight’s USD/JPY scalping.

● Movements around the London market open at around 16:00

● Movements after the US ADP Employment Report at 21:15

● Movements around the New York market open (Dow open at 22:30)

● Movements after the US ISM Manufacturing PMI release at 23:00

———

Other notes…

・There will be important speeches during trading (22:00 US Fed Chair Powell’s remarks)

・Be cautious of headlines related to BoJ currency intervention

・Be cautious of headlines related to US rate hikes

———

Tonight’s “1-minute scale scalp” targets moves around market openings plus the moves after 21:15 US ADP Employment Statistics and 23:00 US ISM Manufacturing PMI. For users of the “1-minute scalp club,” follow the theory and you should be fine. Also, there is the 22:00 “Powell remarks.” Expectation there as well.

Also, the short-only “15-minute scalp” remains challenging to enter because USD buying and yen selling continue due to the US-Japan rate difference, rate hike expectations, and fiscal concerns. Tonight I’d rather focus safely on the “1-minute scalp.” With no action from the government or BoJ...

Now, we’ll start overseas time soon!

Because scalping targets small profit margins, it may seem like there are 24-hour chances, but that’s not the case. Targeting time periods with higher volatility can dramatically lower trading difficulty.

The time I’m aiming for is around the London open and around the New York open.

・London open time (16:00 during US daylight time / 17:00 during US standard time)

・New York open time (22:00 during US daylight time / 23:00 during US standard time)

Even immediately after US data/events, volatility increases and opportunities abound. However, in the minutes just after the release, spreads can widen, so it’s essential to enter only after they return to normal spreads.

Always check the US data/event schedule in advance on brokers’ or FX providers’ websites. Knowing when opportunities will arise helps you efficiently accumulate profits.

Also, positioning immediately before US data/events must be avoided. If you go against the trend, it can be disastrous. You can be hit to your stop-loss in an instant. Careless mistakes are unacceptable, absolutely.

US data/event schedules can be checked on each brokerage or FX provider’s website.

Of course, there are many other points, but I’ve explained the minimum key points you should know when scalping USD/JPY.

Also…

Actually, one of my trading methods, “15-minute scalp,” is completely free for public access. I hope it helps even a little. (Totally free.)

⇒Scalping Method Explanation Book “15-Minute Bar Scalping”

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

If you’re aiming higher, please consider it.

⇒“1-Minute Scalping” Using Tick Chart