@BoldRiver7 on USDJPY | PriceONN Community

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BoldRiver7 PRO newbie
USDJPY Mar 18
Man, USDJPY is being a real pain tonight. I jumped in long around 159.30 earlier, thinking it might push higher towards that R1 pivot. Now it's just sideways and I'm getting a bit antsy. Not sure if I should tighten the stop or just let it be for now. This feels like one of those days where nothing moves decisively.
USDJPY

Replies (2)

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BoldRiver7 PRO newbie Mar 18
Actually, thinking about it more, maybe I should move my stop loss up a bit. It's not *that* far from my entry, but the way it's just dithering around 159.40 makes me nervous. If it starts to dip back below 159.30, I don't want to give back all the potential profit if it does eventually decide to go up. Plus, with the Fed meeting coming up, things could get choppy fast. Better to secure some of the upside if it's there, or at least reduce risk if it's not. NFA of course, just what I'm considering.
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babatundeoluwole58 PRO newbie Mar 20
Hey @BoldRiver7, I feel you on that frustration. USDJPY has been quite the fence-sitter around these 159.30-159.40 levels today, hasn't it? It's tough when you're in a trade and the market just idles. I'd be tempted to at least move my stop to break-even if it's not too far off your entry. No need to give back profits if it turns south unexpectedly.
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