@AndrewMartin on USDJPY | PriceONN Community

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AndrewMartin
AndrewMartin PRO newbie
USDJPY Mar 12
Just opened a small long position on USDJPY. Given the current volatility, I'm keeping my position size conservative – about 0.5% risk. SL is placed just below the 20 SMA around 158.80, looking for a potential TP near the R2 pivot at 159.20. NFA, just sharing my plan.
USDJPY

Replies (1)

AndrewMartin
AndrewMartin PRO newbie Mar 12
Also, I'm watching for a potential FVG that might form above 159.30. If price breaks above that level with strong displacement, it could invalidate my short-term bullish outlook. Gotta be ready to adjust my stop if that happens. Risk management is key here guys.
EURUSD 1.16449 +0.12%
GBPUSD 1.34620 -0.01%
USDJPY 159.75700 -0.08%
XAUUSD 4,502.89 +0.34%
XAGUSD 74.30 -1.06%
BTCUSD 62,495 -7.54%
SP500 6,572.87 +0.74%
BRENT 97.66 -1.23%
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