【Free Methods Available】Tonight's USD/JPY scalping points 2024/11/12
This is Tomizaki from Trading Office.
[11/12 Dollar-Yen Scalping Points]
Thank you for your hard work! Now let's do dollar-yen scalping again tonight!
First, from today’s Tokyo session overview.
Currently USD/JPY is around 153.45. This morning USD/JPY started around 153.70, but in the early Tokyo session there was strong dollar buying, and after 11 o’clock it rose to the day’s Asia high of 154.05.
However, 154 yen level remains heavy, and it reversed and fell, erasing the morning Tokyo rise as a “failed push.”
From the morning level, about 25 pips drop will hand over to the overseas session.
Today’s Tokyo session reacted to headlines about the appointments under President-elect Trump.
Now, here are tonight’s USD/JPY scalping points.
● Movements near 17:00 London market open
● Movements near 23:00 New York market open (Dow opens at 23:30)
● There are no notable US indicators to watch
● Pay attention to remarks from US officials; be cautious of headlines related to President-elect Trump
Tonight, one-minute chart scalping, as with yesterday, will rely on moves around market opens since there are no material drivers in the overseas session. If you handle it according to the theory, there should be no problem.
Also, the 15-minute scalping, which is short-selling focused, feels heavy around the 154 yen level, so the idea is to enter once it can be sold from around 153.70-153.80. However, the dollar-yen direction after the US presidential election is limited, so do not chase too deeply. Around 153.40-153.30, a rebound is to be watched.
Now, soon the overseas session will begin!
[11/12 Main US Indicators/Events]
● 24:00 Comment from Fed Governor Lael Brainard (voting member)
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● 24:15 Remarks from Federal Reserve Richmond President Thomas Barkin (voting member)
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● 28:00 Remarks from Federal Reserve Minneapolis President Neel Kashkari (non-voting)
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For USD/JPY scalpers, be mindful of time and avoid entering right before indicators/events.
Actually… one of my trading methods, the “15-minute USD/JPY scalping” using the 15-minute chart, is openly released for free.
I hope it will be of some help (completely free).
● Scalping Method Guide / 15-Minute Scalping
Also, on the following page, my main trading method, “1-minute scalping using tick charts,” is also published, so if you’re interested please take a look.
I will confidently guide you into the world of 1-minute scalping. (Sorry… this one is paid.)
If you aim higher, please consider it.
“Ultra-short-term trading skills” using tick charts”
