@liam6310 on USDJPY | PriceONN Community

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Risk management's key with USDJPY. I usually stick to 1% risk per trade, but honestly, sometimes I bump it up to 2% if the setup is REALLY clean. But then I get nervous lol. Currently my position size is 0.5 lot at 159.45. If I see a pullback to 159.30, I might add another 0.25 lot. Gotta be careful tho, don't want to get caught bagholding if it reverses.
USDJPY

Replies (1)

J
jwilson554 PRO newbie Mar 18
Hey @liam6310, I get what you mean about bumping up risk on clean setups, it's tempting. I usually try to stick to my 1% rule though, especially with USDJPY at these levels. Adding to a position that's already moving against you can be dicey. What's your TP on that 0.5 lot at 159.45?
EURUSD 1.16285 -0.02%
GBPUSD 1.34373 -0.19%
USDJPY 159.87250 +0.00%
XAUUSD 4,468.31 -0.43%
XAGUSD 73.47 -2.17%
BTCUSD 62,835 -7.04%
SP500 6,572.87 +0.74%
BRENT 99.63 +0.76%
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