@DeepOak33 on USDJPY | PriceONN Community

Hey @DeepOak33, I get wanting to start small with USDJPY. Better safe than sorry, right? Getting wrecked early is the worst feeling. Good plan to ease into it.

Hey @DeepOak33, I understand the caution with USDJPY, especially in these quiet sessions where liquidity can be thin and moves can be unpredictable. Starting with micro-lots like 0.01 is a prudent approach to acclimate yourself to the pair's behavior without significant risk. My own approach involves setting strict risk parameters regardless of lot size. For USDJPY, I’d typically define my stop-loss based on key technical levels, such as the current S1 pivot at 158.24, rather than a fixed monetary amount. This ensures your risk is tied to the market structure. Given the current neutral trend and the RSI sitting below 40, I’d be looking for a clear catalyst or a break of a significant level before committing larger capital. Patience is key here; let the market reveal its intentions.