[Free Method Published] Key Points for Tonight's USD/JPY Scalping 2024/12/19
This is Tomizaki from Trading Office.
[12/19 Dollar/Yen Scalping Points]
Thank you for your hard work! Alright, let's do dollar/yen scalping again tonight!
First, the overview of Tokyo time for today.
Currently, dollar/yen is around 156.55. This morning it started around 154.75, but during Tokyo time the Bank of Japan delayed an additional rate hike, and Governor Ueda’s press conference was dovish, which caused the yen to weaken sharply.
From the morning level, it rose by about 1 yen 80 sen, handing over to overseas trading.
Combined with yesterday evening’s FOMC, it seems the yen will continue to weaken until intervention occurs.
Now, here are the points for tonight’s dollar/yen scalping.
● Movements around the London market open at 17:00
● Movements after the release of ‘U.S. Initial Jobless Claims’, ‘U.S. Q3 GDP’, ‘U.S. Philadelphia Fed Business Index’ at 22:30
● Movements around the New York market open (Dow opens at 23:30)
● Movements after the release of ‘U.S. Leading Economic Index’, ‘U.S. Existing Home Sales’ at 24:00
● Be attentive to headlines related to BOJ currency intervention
For tonight’s 1-minute scalping, in addition to movements around market opens, opportunities may arise from the 22:30 releases and the 24:00 releases. I think users of the “1-Minute Scalping Club” should be able to handle them according to theory.
Also, for the short-only 15-minute scalping, after the FOMC and BOJ Policy Meeting, the market has been dollar-buying and yen-selling, so there may be little chance. It might be safer to pass today.
With that, thank you again for today!
[12/19 Major U.S. Indicators/Events]
● 22:30 U.S. Initial Jobless Claims
● 22:30 U.S. Q3 GDP [revised] / Personal Consumption [revised]
● 22:30 U.S. Philadelphia Fed Business Index
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● 24:00 U.S. Leading Economic Index
● 24:00 U.S. Existing Home Sales
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Dollar/Yen scalpers should avoid entering just before indicators/events; time checks are essential.
Actually… one of my trading methods, the “15-minute scalping using the 15-minute chart,” is fully free and open to the public.
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● Scalping Method Guide / 15-Minute Scalping
Additionally, on the following page I also publish my main trading method, the “1-minute scalping using tick charts,” so if you’re interested, please check it out.
I’ll confidently invite everyone into the world of 1-minute scalping. (Sorry… this is paid.)
If you’re aiming higher, please consider it.
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