@wiselake on USDJPY | PriceONN Community

@wiselake Smart move sizing down. This USDJPY pair is wild right now, especially with all the talk about inflation and the BoJ potentially doing something. I also got stopped out on a small long position earlier. Definitely not the time to be taking big risks.

@wiselake I hear you on sizing down. It's been brutal trying to catch a consistent move on USDJPY. I saw that wholesale price data too, definitely adds to the inflation worries. My last long trade got wiped out right around the 159.50 area, felt like pure inducement. Now I'm just watching to see if this current push higher is just another dead cat bounce or if it has some real legs. The yen has been surprisingly weak though, which is what's keeping me from going full bear on this. It's a tough one.

@wiselake Totally agree with you on the sizing down. This USDJPY pair has been a nightmare to trade lately, way too choppy for me. I'm also keeping my positions super small, like 0.5% or less. That wholesale price data showing inflation concerns definitely makes me nervous about any big moves right now. I saw that news about the Yen weakening because of that inflation report too, it's got me wondering if we're going to see 160 soon. It's hard to trust any direction when the news is so mixed and the price is just bouncing around these levels. My last long trade got stopped out pretty fast, so I'm just watching for now.