@blueFlame5 on USDJPY | PriceONN Community

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blueFlame5
blueFlame5 PRO newbie
USDJPY Feb 16
Okay, so I'm trying to figure out the best way to scalp USDJPY today. I'm seeing the price kinda bouncing between the pivot point (153.36) and R1 (153.40). I'm thinking about setting up some tight stop losses, maybe like 5 pips, and trying to grab small profits on each move. Anyone else have experience scalping this pair? What timeframes do you guys usually use? I'm on the 1-minute chart rn, but maybe I should switch to the 5-minute? Also, what indicators do you find most helpful for quick entries and exits?
USDJPY

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EURUSD 1.16257 +0.12%
GBPUSD 1.35391 +0.19%
USDJPY 154.37350 -1.19%
XAUUSD 4,403.59 -0.61%
XAGUSD 65.82 -0.52%
BTCUSD 79,581 -0.40%
SP500 6,572.87 +0.74%
BRENT 95.26 +1.06%
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