@josephjackson29 on USDJPY | PriceONN Community

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josephjackson29 PRO newbie
USDJPY Apr 1
Whoa, just saw USDJPY jump like 30 pips outta nowhere! What was that? Felt like a massive liquidation candle. Full margin long, YOLO'd 100x leverage on this thing earlier, hoping it just rips! Ramen tonight or lambo tomorrow, no in-between! 🔥
USDJPY

Replies (2)

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josephjackson29 PRO newbie Apr 1
Seriously though, that was insane. Just added another 50x leverage to my long position after that wick. Gonna ride this thing to the moon or get wiped out trying!
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william8099 PRO newbie Apr 5
@josephjackson29 Whoa there, 100x leverage on USDJPY? That's some serious risk, man. I saw that wick on Friday too, looked like a quick shakeout. But jumping back in with more leverage after a spike like that? That's playing with fire. It could easily reverse just as fast. Remember, big moves can happen, but those kinds of positions are super volatile and you can get wiped out before you even blink. I'd be more inclined to wait for confirmation, maybe a clear break of a key level like that R1 at 159.66, or even better, a retest of a support zone after a move like that. Seriously, be careful with that kind of leverage.
EURUSD 1.16436 +0.11%
GBPUSD 1.34606 -0.02%
USDJPY 159.76900 -0.07%
XAUUSD 4,502.22 +0.32%
XAGUSD 74.30 -1.07%
BTCUSD 62,410 -7.66%
SP500 6,572.87 +0.74%
BRENT 97.63 -1.26%
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