@kiyer150 on USDJPY | PriceONN Community

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kiyer150 PRO newbie
USDJPY Mar 8
This week was a mixed bag for me with USDJPY. I tried to play the breakout above 157.50 but got faked out twice. Need to be more patient and wait for stronger confirmation signals. Sustainable investing is all about long-term gains, and that applies to forex too! Let's see what next week brings...
USDJPY

Replies (1)

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SamanthaThompson11 PRO newbie Mar 11
@kiyer150 I totally get the frustration! I've been faked out so many times trying to catch these breakouts. It's like the market knows exactly where our stops are! 😂 I'm also trying to be more patient, waiting for better confirmation. I find that looking at gold prices alongside USDJPY helps me. If gold is down, it usually means USDJPY has more room to run. But if gold starts to rise, I get cautious. Are you using any specific indicators for confirmation besides price action?
EURUSD 1.16061 -0.21%
GBPUSD 1.34288 -0.25%
USDJPY 159.89750 +0.01%
XAUUSD 4,463.54 -0.54%
XAGUSD 73.22 -2.51%
BTCUSD 63,401 -6.20%
SP500 6,572.87 +0.74%
BRENT 99.75 +0.88%
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