[10/16] Tonight's USD/JPY scalping points and methods free公開中
I'm Tomizaki from Trading Office.
[10/16 USD/JPY scalping points]
Good work today! Alright, let's go for USD/JPY scalping again tonight!
First, today's Tokyo session overview.
Currently, USD/JPY is around 157.85. This morning it started around 157.95, and during the Tokyo session it briefly strengthened to around 158.20 near the intraday midpoint, but buying did not continue and it stayed range-bound with light movement.
Today's Tokyo high is around 158.20, and the Tokyo low is around 157.80.
USD/JPY is likely to hand over roughly near the morning level to overseas trading hours.
Last night there were U.S. PPI and U.S. retail sales, but the market did not gain a clear direction... Currently there is enough volatility to scalp, but the volatility seems to be gradually declining. Need the next catalyst soon!
Now, theポイント for tonight's USD/JPY scalping (my personal notes).
● Movements around the 16:00 London market open
● Movements around the 22:00 New York market open (Dow opens at 22:30)
—– Other notes ..
・Be careful about yen-weakening remarks from the US/Japan governments
・Watch headlines related to Middle East tensions and oil prices
—–
Tonight's "1-minute chart scalping strategy" bets on moves around the London and New York market opens, as there are no high-visibility U.S. indicators/events scheduled. For users of the "1-minute scalping club," handling as per theory should be fine. It's weekend, so trade within reasonable risk.
Also, if you're aiming for shorts with the "15-minute scalping strategy," wait for a slight pullback and look to sell around 158.10–158.20 or lower before chasing downward. A weekend-adjustment-type selling approach.
Also, a note on recent events:Recently, Mr. Gogojan kindly visited my office from afar and conducted an interview about "scalping." I'm grateful. I spoke a little, so please watch when you have time.
https://www.gogojungle.co.jp/finance/navi/articles/124690
Since scalping aims for small profit margins, it is often thought there are 24-hour opportunities, but that is not the case. By targeting times with relatively higher volatility, you can significantly reduce the difficulty of trading.
The times I target are around the London market open and around the New York market open.
・London market open time (16:00 during US daylight saving / 17:00 during US standard time)
・New York market open time (22:00 during US daylight saving / 23:00 during US standard time)
Right after U.S. data/events are released, volatility rises and opportunities increase. However, in the first few minutes after the release, spreads may widen, so the rule is to enter only after they return to normal spreads.
Always check the U.S. data/event schedule in advance. By knowing the times when opportunities will arrive, you can efficiently accumulate profits.
Also, absolutely avoid positioning right before U.S. data/events. If you move against it, you could be wiped out in an instant. Careless mistakes are unacceptable, absolutely.
U.S. data/event schedules can be checked on the websites of each securities/FX broker.
Of course there are many other points beyond the three above, but I have outlined the minimum points to keep in mind when scalping USD/JPY.
And also ..
Actually .. one of my trading methods, "15-minute scalping," is being released completely free. I hope it helps, even a little. (Completely free, by the way.)
⇒Scalping Method Explanatory Book "15-Minute Scalping"
Also, on the following page, I have公開 my main trading method, "1-minute scalping," so if you're interested, please take a look. (Sorry... this one is paid though..)
If you aim higher, please consider.
⇒"1-minute scalping" using tick charts