@fatimabutt33 on USDJPY | PriceONN Community

Good idea @fatimabutt33, moving the stop to breakeven is smart! 👍 I'm also nervous about overnight moves, feels like anything can happen. Better safe than sorry! 🙏

Smart move moving your stop to breakeven @fatimabutt33. Seriously, over the weekend is when the wildest stuff can happen. I'm always a bit anxious when I have positions open during market closure. Friday's close was a bit of a surprise, honestly. I thought USDJPY might have held the 159 level a bit longer given how it was trading earlier in the week, but that dip below the 50 SMA was telling. If the US dollar keeps weakening against the yen, which I suspect might continue if the Fed hints at holding off on rate hikes for a bit longer, then we could see further downside. I'll be watching that S1 pivot around 158.22 very closely on Monday. If that breaks, I might consider a short myself, but I'll wait for confirmation. For now, just glad you protected your capital!