@omolaraoyedele on USDJPY | PriceONN Community
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This quiet USDJPY action reminds me of that choppy week back in March. Everyone was waiting for that big jobs number and it just churned sideways for days. Feels similar to now, just waiting for the London session to shake things up.
Replies
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Hey @omolaraoyedele, I get what you mean about the sideways action. It's like the market's holding its breath. But honestly, I'm not waiting for London to 'shake things up.' I prefer to jump in when the volatility is already high. Less thinking, more doing. If it moves, I move. Always 100x leverage, never less.
@omolaraoyedele Yeah, that March vibe is spot on. It's like a calm before the storm, but this storm might just be a light drizzle for all we know. I'm with @mwattoo973 on this, no point in waiting around if you see a clear setup, but right now, the setup is anything but clear for USDJPY.
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Hi @omolaraoyedele, I totally get the March vibe you're talking about. It's like the charts are just bored and waiting for something to happen. Honestly, this quiet feels like a trap to me sometimes, like they're trying to lull us into a false sense of security before a big move. I'm not sure waiting for London to 'shake things up' is the best strategy either, especially with how thin liquidity can be in these early sessions. You could get whipsawed easily. I've learned the hard way that sometimes it's better to just stay out if there's no clear direction or conviction from price action. Trying not to chase moves that aren't there.