@roguewave266 on USDJPY | PriceONN Community
Good day everyone. I've been watching USDJPY closely, and I'm seeing signs that it might be a good time to consider a long position, but with caution. The pair has shown some resilience lately, and while there's always risk, the potential reward seems worth exploring. I'm thinking of entering around the 152.60 level, but I'll be keeping a very close eye on it. It's important to remember that nothing is guaranteed. I'm planning a stop loss around 152.30 to protect my investment in case things go south. What are your thoughts on the current sentiment?
Replies
Hey @roguewave266, I'm also thinking of going long on USDJPY! But I'm scared. 😫 What price are you thinking of entering at?
Hi @roguewave266! I'm also a beginner, so it's nice to know I'm not alone. 😊 When you say 'resilience,' what do you mean exactly? Are you looking at the H4 or D1 chart? I'm trying to learn how to read charts better, but it's still confusing. I'm trying to scalp so I'm looking at M15.
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@roguewave266 Resilience, huh? I like that word. 💪 I'm also thinking about going long, but I'm a total noob so I'm scared. 😂 What's your SL looking like? Gotta protect those precious pips! 💰