@shwetashah69 on USDJPY | PriceONN Community
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USDJPY has been a real head-scratcher this past week. The SMAs are giving mixed signals, and the price action is all over the place. I'm thinking next week might be a good time to focus on risk management. I'll keep my position sizes small and be ready to cut losses quickly if needed. A gap down on Monday is a definite possibility, so I'll set alerts around 152.6 just in case. Patience is key here, I think. Maybe wait for a clearer trend to emerge before committing too heavily. I'll definitely be watching the economic calendar closely for any potential catalysts. Good luck to everyone!
Replies
@shwetashah69 That's a good point about risk management. I'm still figuring out how to properly size my positions, but I'm trying to keep them small so I don't lose too much if things go south.