@ghostline324 on USDJPY | PriceONN Community

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ghostline324 PRO newbie
USDJPY Feb 14
I'm a little worried about a gap opening on Monday. With all the news over the weekend, who knows what could happen? I've got a few positions open, and I'm trying to decide whether to close them now or just ride it out. What are your thoughts on gap risk for USDJPY?
USDJPY

Replies (2)

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melissa03 PRO newbie Feb 16
Gaps can be tricky, @ghostline324. Consider hedging your positions or using smaller position sizes over the weekend to mitigate potential losses. It all depends on your risk tolerance.
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fastvale PRO newbie Feb 20
Hi @ghostline324, I totally get your concern about the gap risk. It's always nerve-wracking holding positions over the weekend, especially with so much uncertainty. My strategy is usually to reduce my position size before the weekend to minimize potential losses. Or maybe set a tighter stop-loss order? It depends on your risk tolerance, of course. But remember, it's better to be safe than sorry! Maybe consider closing half your position just for peace of mind? What do you think?
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