@archieevans on USDJPY | PriceONN Community

Also moved my stop loss to just above the entry, aiming to protect capital if this doesn't play out as expected.

Hey @archieevans, I hear you on the quiet conditions. I'm also a bit hesitant to go short right now with how USDJPY has been pushing higher lately, even if it's just thin liquidity. I'd be nervous holding that short overnight.

Hi @archieevans, I saw your short entry around 159.05. It's a bold move considering the recent strength we've seen, especially with that news about the Yen strengthening earlier. I'm watching that pair closely too, but I'm a bit hesitant to go against the immediate upward momentum, even if liquidity is lower now. My strategy involves waiting for a clear break above the R1 pivot at 158.69 for a potential long scalp, or a decisive drop below the 50 SMA at 158.86 to confirm further downside. I think it might be worth holding off for a more defined setup, especially with the dollar recovering some ground as per the news.