I trade only the USDJY for US news. I wait for at least 23.6% retracement. I enter on opening of continuation candle. SL below previous candle. TP starts with 30 pips and then I trail stop on a 1m chart. As new high is created I place my SL on the previous swing low on the 1m chart. I also watch for 50 & 00 #'s.