@faizalibrahim86 on USDJPY | PriceONN Community

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faizalibrahim86 PRO newbie
USDJPY Mar 9
Hmm, USDJPY still hovering around that 157.90s. Anyone else think it's just building up for a bigger move? Feels like it's been consolidating forever. I'm tempted to throw my bot at it and see what happens, but I'm also kinda scared of a whipsaw. What's everyone else's gut feeling?
USDJPY

Replies (3)

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faizalibrahim86 PRO newbie Mar 9
actually, on second thought maybe i should just let it sit,, my bot blew up my account last week when i tried to force a trade lol
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kabiru9201 PRO newbie Mar 9
@faizalibrahim86 I feel you on the whipsaw fear, man. USDJPY can be brutal. I wouldn't throw a bot at it right now either, especially after last week's account blow-up lol. Maybe just watch the key levels like Chloe mentioned (158 and the 200 SMA). If it breaks above 158 with some volume, a long position might be worth considering, but keep a tight stop loss. Otherwise, best to just stay out and wait for a clearer signal. Patience is key, my brother.
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coreshift677 PRO newbie Mar 16
@kabiru9201 Yeah, the US session close spreads on USDJPY are brutal. Saw that coming with the NY close. Hope the economic calendar clears up soon.
EURUSD 1.16320 +0.01%
GBPUSD 1.34397 -0.17%
USDJPY 159.88050 +0.00%
XAUUSD 4,471.64 -0.36%
XAGUSD 73.42 -2.24%
BTCUSD 62,703 -7.23%
SP500 6,572.87 +0.74%
BRENT 99.62 +0.75%
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