[7/29] Tonight's USD/JPY scalping points and methods are freely available
Tomizaki from Trading Office here.
【July 29 Dollar-Yen Scalping Points】
Good work everyone! Let's go with dollar-yen scalping again tonight!
First, here is today’s Tokyo session overview.
Currently, USD/JPY is around 148.35. This morning it started around 148.45, and during the Tokyo session just before 10:00 Japan time it briefly strengthened to around 148.70, but subsequently fell back to the lower 148s.
From today for two days, the US FOMC meeting is scheduled, and the Bank of Japan's Policy Meeting is set for this Thursday, which may keep a cautious mood. It seems markets will likely hand over to overseas trading near the early morning levels.
Even in the overseas session, the lower 148s are expected to hold firm.
Now, the points for tonight’s USD/JPY scalping.
● Movements around 16:00 London market open
● Movements around 22:00 New York market open (Dow opens at 22:30)
● Movements after the US Consumer Confidence Index and US JOLTS Jobs data release at 23:00
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● Be wary of headlines related to the Trump administration
Tonight’s 1-minute chart scalping aims to accumulate profits from movements near each market open plus the moves after the 23:00 data releases. For users of the “1-minute scalping club,” if you handle the moves according to the theory, there should be no problem.
Also, the short-only 15-minute scalping expects that even in the overseas session, the 148-level will remain supportive, so today there’s no need to push hard. If a move occurs, it may come after the US data release.
Now, soon the overseas session will start!
【July 29 Major US Indicators / Events】
● 23:00 US Consumer Confidence Index
● 23:00 US JOLTS Jobs
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● 26:00 US 7-year Bond Auction
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For USD/JPY scalpers, please be mindful of entry timing and avoid entering right before indicators/events.
Actually.. one of my trading methods, the “15-minute USD/JPY scalping” using 15-minute charts, is being published completely free of charge.
I hope it can be of some help (it’s completely free).
● Scalping Method Guide / 15-Minute Scalping
Additionally, on the following page I also publish my main trading method, “1-minute scalping using tick charts.” If you’re interested, please check it out.
I will confidently guide you into the world of 1-minute scalping. (Sorry… this one is paid.)
If you’re aiming higher, please consider it.
“Super-short-term trading skills using tick charts””
