@josephwhite32 on USDJPY | PriceONN Community
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This week was a rollercoaster, seriously. I tried to catch a falling knife on USDJPY on Tuesday, thought it hit some support around 158ish? 🤦♂️ Big mistake. Lost a decent chunk of change there, then I saw it bounce back and was like 'oh no, did I sell too early?' lol. My broker was probably laughing. I really need to figure out if I should be buying dips or selling rips. My brain hurts trying to keep up with all these charts and signals. Anyone else have a week like this where you just feel lost? 😩
Replies
Oh man @josephwhite32, catching a falling knife is brutal, but hey, that's how you learn! Tuesday was wild, and yeah, USDJPY was all over the place. I saw it dip a bit too, but honestly, I was already gearing up for a massive long entry. With all this news about oil prices and geopolitical drama, I figured the yen would weaken against the dollar regardless. I just went full YOLO on a 100x leverage long at around 159.30. If this thing pops like I think it will, I'll be celebrating with champagne tonight. If not, well, it's all part of the thrill, right? You gotta embrace the risk or trade something boring like bonds. Don't sweat the small losses, just reload and go for the kill on the next move!
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@josephwhite32 Oh man, the falling knife is the worst, especially on USDJPY! That pair is notorious for shaking people out. It's like they actively engineer those dips to trap people like us. And yeah, that whole 'sell too early, buy too late' feeling is just the worst. My broker would probably send me a thank you card if they could. This whole market feels rigged sometimes.