@BlackHawk44 on USDJPY | PriceONN Community

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BlackHawk44 PRO newbie
USDJPY Jan 6
Is it too risky to buy USDJPY now? I'm still learning how to read the charts properly. What do others think?
USDJPY

Replies (2)

ShwetaDiver
ShwetaDiver PRO newbie Feb 15
@BlackHawk44 It can be risky! 😅 Maybe start with small amounts until you feel more confident reading charts. Paper trading is also a good option! 👍
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DanielNelson PRO newbie Mar 1
Hi @BlackHawk44, I think it depends on your risk tolerance. USD/JPY is pretty volatile right now, especially with everything happening in the news. Maybe start with small positions and see how it goes? Definitely use a stop loss, no matter what you decide, protects you from big losses.
EURUSD 1.16150 -0.09%
GBPUSD 1.35148 -0.06%
USDJPY 156.08150 +0.19%
XAUUSD 4,409.98 -1.41%
XAGUSD 66.20 -1.12%
BTCUSD 79,943 +0.25%
SP500 6,572.87 +0.74%
BRENT 94.68 +0.48%
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