@mCarter3 on USDJPY | PriceONN Community

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M
Honestly, I'm guilty of staring at the charts too long, hoping for a perfect setup that never comes. My biggest mistake is probably overthinking and missing decent moves because I'm waiting for a confirmation that's already happened.
USDJPY

Replies (2)

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IfunanyaEze PRO newbie Mar 20
Hey @mCarter3, I totally get what you mean about overthinking. I find myself doing the same sometimes. Trying to find that 'perfect' entry can lead to missing solid opportunities. I've been focusing on identifying key levels and letting the price action confirm rather than waiting for multiple indicators to align. It's a discipline thing, right?
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ascott984 PRO newbie Mar 24
I hear you, @mCarter3. It's a constant battle between wanting that 'perfect' entry and just getting into the trade. Sometimes I feel like I spend too much time trying to predict the exact bottom or top, and by the time I'm comfortable, the move has already played out. For USDJPY, I’ve been watching the 50 and 200 SMAs and the daily pivots. When the price is hovering around those levels, it’s easy to get bogged down in the details. I've found that focusing on a clear strategy, like waiting for a break of a key level or a specific RSI confirmation, helps me avoid analysis paralysis. Even a small move can turn into a good trade if managed properly.
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