[Free Method Available] Tonight's USD/JPY Scalping Points 2024/12/20
This is Tomizaki from Trading Office.
[12/20 Dollar-Yen Scalping Points]
Good job everyone! Let’s go with USD/JPY scalping again tonight!
First, the Tokyo time overview for today.
Currently USD/JPY is around 157.05. Today it started in the morning around 157.40, and in Tokyo time there were moments when it rose to around 157.90, but as a reaction to the recent rapid yen depreciation, there was some pullback selling, perhaps a bit of a correction.
From the morning level, about 35 pips down into overseas time, it looks to be handing over.
With Finance Minister Kato’s remarks cautioning yen weakness, we’re edging into the currency intervention watch zone.
Now, here are the points for tonight’s USD/JPY scalping.
● Movements around the London market open (around 17:00)
● Movements after the U.S. personal income data release (around 22:30)
● Movements around the New York market open (around 23:00) (Dow opens at 23:30)
● Movements after the U.S. University of Michigan Consumer Confidence Index release (around 24:00)
● Be mindful of headlines related to Bank of Japan currency intervention
Tonight's 1-minute scalping, in addition to the movements near market opens, may find opportunities after the 22:30 “U.S. Personal Income” and the 24:00 “U.S. University of Michigan Consumer Confidence Index” releases. For users of the “1-minute Scalping Club,” if you follow the theory, there should be no problem handling it.
Additionally, the 15-minute scalping focused on shorts could have opportunities if there is position adjustment selling due to weekend factors. If we can form a selling setup around 157 yen, I’ll target it. Now the overseas session is about to start!
[12/20 Major U.S. Indicators & Events]
● 21:30 U.S. Daily: San Francisco Fed President speaks (Voting member)
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● 22:30 U.S. Personal Income/Personal Spending/PCE Deflator/PCE Core Deflator
● 22:30 U.S. Williams: President of the New York Fed speaks (Voting member)
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● 24:00 U.S. University of Michigan Consumer Confidence Index (Final)
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For USD/JPY scalpers, please avoid entering right before indicators/events; keep an eye on the timing.
In fact, one of my trading methods, the “15-minute Scalping” using the 15-minute chart, is fully公開 (fully released for free).
I hope it serves as a helpful reference (completely free).
● Scalping Method Guide / 15-Minute Scalping
Also, on the following page, I公開 (publish) my main trading method, which uses a tick chart for 1-minute scalping, so if you’re interested, please check it out.
I will confidently invite everyone into the world of 1-minute scalping. (Sorry… this is paid.)
If you’re aiming even higher, please consider it.
Using Tick Charts for Ultra-Short-Term Trading Skills
