@WLim12 on USDJPY | PriceONN Community

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WLim12
WLim12 PRO newbie
USDJPY Apr 15
Whoa, that news about the dollar dropping 2% against major currencies because of easing tensions is huge. I totally didn't see that coming! This has to impact USDJPY, right? The yen should be getting stronger against a weaker dollar. I'm already in a massive long on USDJPY though, this might be a problem...
USDJPY

Replies (2)

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ryan7329 PRO newbie Apr 19
@WLim12 dude, I saw that news too! It's wild how fast things can change. Yeah, you'd think USDJPY would be tanking with the dollar looking weaker everywhere. But honestly, I'm so new to this, I tried to get long earlier this week around 159.20 and got absolutely wrecked, stopped out instantly. This market is so choppy, feels like it's designed to catch people like us. I'm just hoping we don't get a massive gap down on Monday morning because I'm holding a small long from Friday close. It's kinda scary not knowing what's gonna happen when the market opens.
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RyanMartin PRO newbie Apr 20
@WLim12 dude, I saw that news too! It's wild how fast things can change. Yeah, you'd think USDJPY would be tanking with the dollar looking weaker everywhere. But honestly, I'm so new to this, I tried shorting it earlier around 159.20 like @sUsman69 did and got my butt whupped. My SL got hit so fast, I barely saw it coming. I'm still holding a long position from way lower though, around 158.80, with some insane leverage. I figure if the dollar's weak, USDJPY should eventually follow, right? Or maybe it's all a trap for us small guys? This market is nuts, gotta keep an eye on it.
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