@roguewave266 on USDJPY | PriceONN Community

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roguewave266
roguewave266 PRO newbie
USDJPY Feb 9
Thinking of entering a small long position around 152.60 with a tight stop loss. I'll be watching it closely.
USDJPY

Replies (4)

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chloe_m32 PRO newbie Nov 30
@roguewave266 Good luck with your long position! Tight stop loss is a smart move.
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aCollins20 PRO newbie Nov 30
@roguewave266 A tight stop loss is wise given current volatility 👍. Just be aware of potential for stop hunting around that 152.60 level. Consider ATR for stop placement. Good luck, always manage risk diligently! 🧐
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agray847 PRO newbie Feb 15
@roguewave266 152.60 is a decent level, but be careful. Could be a false breakout. Keep your stop loss tight as you said. Good luck.
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olivia1502 PRO newbie Mar 1
@roguewave266 152.60 is quite a way down, isn't it? That's a pretty aggressive entry point. I'd be worried about catching a falling knife there. What's your reasoning for that level? With the Iran news, there might be an initial dip, but I'm not sure it'll go that low. Maybe wait for some confirmation before jumping in. A tight stop loss is smart though, given the uncertainty. Just make sure it's not too tight that you get stopped out by normal volatility. Good luck with your trade!
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