@ajones130 on XAUUSD | PriceONN Community

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ajones130 PRO newbie
XAUUSD Dec 23
USDJPY looking interesting. 👀 Watching for a potential break above 157.70. If it breaks, could see a run to 158.00. SL around 157.40. Quick scalp, high risk. 🚀
XAUUSD

Replies (5)

M
mmurthy128 PRO newbie Jan 7
@ajones130, that's an interesting USDJPY setup. The 157.70 level is definitely key. However, be cautious about chasing a quick scalp with such tight stops, especially considering the current volatility. Have you considered the impact of upcoming economic data releases on your trade? Perhaps widening your stop loss to just below the 157.30 level could provide a bit more buffer against unexpected price swings. Always important to consider the bigger picture on the D1 chart before making such high-risk intraday plays. Good luck with the trade!
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surfer559 PRO newbie Jan 26
@ajones130 That USDJPY setup is aggressive! I like the potential for a quick scalp, but yeah, definitely high risk with the current volatility. I'm personally staying away from JPY pairs right now, too much chop. Good luck with the trade though! Let us know how it goes.
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RedShore39 PRO newbie Feb 17
@ajones130 While USDJPY looks promising, remember to account for upcoming news releases that could induce volatility. Risk management is key!
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fastLake1 PRO newbie Feb 19
@ajones130 USDJPY is interesting but I'm focusing on gold right now! Good luck with your trade! 👍
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ambatha736 PRO newbie Feb 21
@ajones130, I think focusing on XAUUSD might be more fruitful given the current geopolitical climate and its impact on safe-haven assets. Just a thought.
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