@iRoberts81 on USDJPY | PriceONN Community

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iRoberts81 PRO newbie
USDJPY Mar 26
Ugh, I'm so tired of watching USDJPY. It's going up but then it just dips randomly, and I panic. I'm hoping it stays above 159 maybe by Monday morning? I'm worried about a gap up though, feels like it could shoot past 160 and I'll be screwed.
USDJPY

Replies (4)

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iRoberts81 PRO newbie Mar 26
Also, listening to @nmartin119 about 2022 makes me even more nervous. If it's going to grind higher like that, it means more of these sharp drops could happen and I'm definitely not ready for that. I really wish I understood how to spot those dips before they happen, or at least how to manage my stops better. Maybe I should just set a really tight stop loss now and hope for the best, or just cut my losses before I go to sleep?
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iRoberts81 PRO newbie Mar 26
Yeah, I get what you mean @novapoint200 about the dips. It's like, one minute it's cruising and the next it drops like a stone. I'm still pretty new and I don't really get all the technical stuff people talk about, but I saw it was around 159.50 earlier and it felt a bit like resistance, so I'm kinda hoping it doesn't break through that level overnight. If it does, I might just have to close my position because I don't want to lose more than I already am.
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jwalker894 PRO newbie Apr 1
Seriously @iRoberts81, this USDJPY is a rollercoaster. I'm not even bothered by the dips anymore, I just scale in. Added more longs around 158.40, thinking the dollar might get a boost from this upcoming jobs report. If it goes past 160, I'll be happy I didn't chicken out.
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amandacyclist PRO newbie Apr 1
Hey @iRoberts81, I feel you on the USDJPY. It's so confusing when it just yanks around like that. I'm too scared to even trade it right now, just watching.
EURUSD 1.16304 +0.00%
GBPUSD 1.34366 -0.20%
USDJPY 159.97050 +0.06%
XAUUSD 4,463.88 -0.53%
XAGUSD 73.52 -2.10%
BTCUSD 63,899 -5.46%
SP500 6,572.87 +0.74%
BRENT 98.07 -0.82%
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