[8/22] Tonight's USD/JPY scalping points and methods freely available
This is Tomizaki from Trading Office Tomizaki.
【8/22 USD/JPY Scalp Points】
Good work today! Let's go for another USD/JPY scalp tonight!
First, here is today's Tokyo session overview.
Currently, USD/JPY is around 148.50. This morning it started near 148.30, but during Tokyo time it has been bought ahead of Chairman Powell's speech at the Jackson Hole meeting.
Just after 14:00 Japan time, the high for today reached around 148.80. It then declined slightly, and from the morning level, it’s up about 20 pips as we transition to overseas trading.
It seems market views on a September Fed rate cut are divided. The market had been pricing in nearly a 100% chance of a Sep FOMC cut, but it has retreated to about 75%, with a possibility of delaying a cut. Tonight's Powell is highly noteworthy.
Now, here are the points for tonight's USD/JPY scalping.
● Movements around the London market open at 16:00
● Movements around the New York market open (Dow opens at 22:30)
● Movements after the US Powell Federal Reserve Chair's remarks at 23:00
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● Be wary of headlines related to the Trump administration
Tonight's 1-minute scalping plan is to accumulate gains from market-open movements plus the moves after the 23:00 Powell remarks. For users of the “1-minute Scalping Club,” as long as you follow the theory, there should be no problem. Movements after a major figure's remarks rather than indicators tend to be a bit more challenging, but Powell's high visibility could create a clearer direction. A small challenge ahead.
Also, the 15-minute scalping focused on short positions is unlikely to move USD/JPY much given the September FOMC rate-cut probability retreating to 75%, so today we'll avoid pushing too hard.
Now, the overseas session is about to begin!
【8/22 Major U.S. Indicators & Events】
● 23:00 Powell's remarks (speech at the Jackson Hole conference)
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For USD/JPY scalpers, be sure not to enter just before indicators or events; watch the timing carefully.
In fact, one of my trading methods, the “15-minute USD/JPY Scalping,” is fully freely公開. (公開 means公開; here: publicly available.)
I hope it can be of some help. (Totally free.)
● Scalping Method Explanation / 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 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"
