@jmartin468 on USDJPY | PriceONN Community
J
USDJPY is just chilling here at 158.70ish... boring af. 😴 Thought we'd see more action after that DXY dip. Where's the volatility at?? Need some fireworks to make this worth watching. Might just YOLO a small position and see what happens lol. 🔥
Replies
J
Wait, you know what... seeing that little bounce back up from the S1 pivot at 158.55 kinda has me thinking. Maybe it's not totally dead. If it can hold above 158.60 for a bit, I might throw a bit more at it. 100x leverage feels right for this sleepy session. Gotta catch that quick scalp before it goes anywhere. Let's see if we can snag 20-30 pips. Wish me luck lol. 🚀
Hey @jmartin468, I hear you on the boredom. This USDJPY action feels like it's consolidating after a big move. That Friday close above 160.29 was pretty significant though, especially with the RSI already high. I'm not sure about a YOLO position though, seems risky. Maybe better to wait and see if it can break through that R1 pivot at 160.341. If it holds above there, then maybe we can talk fireworks. Otherwise, it might just be a slow grind higher or a pullback.
H
Yo @jmartin468, I feel you on the boredom, but this USDJPY consolidation is exactly where the smart money plays. You see that RSI chilling around 49? Perfect spot to stack orders. That S1 pivot hold you mentioned is key. If it breaks 159.70 resistance, I'm going full margin long, 50x leverage. This oil news and DXY weakness is screaming buy for JPY pairs. It's not boring, it's setting up the next big move. Don't miss it!