@sUsman69 on USDJPY | PriceONN Community
S
So I was watching USDJPY today, and I'm trying to learn how to scale into a position. I bought a small amount around 159.00 because it looked like support. Now that it's moving up, I'm thinking of adding more if it pulls back a little to maybe 159.20 or so. If it keeps going up to like 159.50, I might add even more. But if it turns around and drops back down below 159.00, I'm just going to cut my losses and get out. I don't want to get rekt by chasing the price or holding a losing trade too long.