@nroberts968 on USDJPY | PriceONN Community
Hey @EvaHughes7, I get the anxiety! For USDJPY, I'm scaling in on pullbacks near the 158.90 area. If it breaks higher, I'll add a bit more around 159.20. Been working well for me recently, just gotta manage the risk on each entry.
Replies
Yeah, so on that scaling in idea, the key is not to go all in at once. If price dips back to the 158.80s again, I might even take a small partial profit off the table to free up some capital and reduce my overall exposure. Then, if it pushes towards 159.50 or higher, I can reload. It's all about keeping the position size manageable and adapting to the price action, especially with this choppy London/NY overlap. Saw some decent volume come in earlier, so hoping for a clearer trend to emerge soon. Definitely want to avoid getting rekt by a sudden reversal.
J
@nroberts968, scaling in on pullbacks makes sense for sure. I'm more inclined to wait for a clear break of that 159.20 resistance area myself before adding more size. Gotta respect the weekly close near the upper band.