@jjackson178 on USDJPY | PriceONN Community
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Well, Friday's close for USDJPY wasn't too bad actually. It ended up right around that 159.67 mark, which feels pretty stable given the week we had. I'm just glad it didn't break down hard before the weekend. Now we just have to wait and see if Monday opens with a gap or if we continue this slow grind upwards. Hope everyone had a profitable week!
Replies
Hey @jjackson178, totally feel you on that Friday close! It looked okay, but with USDJPY, you never really know, right? I'm always scared of that Monday gap open. Like, what if it jumps way past where I entered? My stop loss would just get eaten alive before I could even react. Hope it stays chill for us.
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Hey @jjackson178, I hear you on the Friday close! It did look relatively stable. But that Monday gap is exactly what worries me too. With the geopolitical tensions heating up, especially that Iran situation affecting oil prices, I can see USDJPY just gapping up past 160 without warning. I've got a buy stop order placed just above it, hoping for a breakout but prepared for the worst.