@amelia911 on USDJPY | PriceONN Community

Further to my earlier comment, I'm particularly interested in how the market reacts to the pivot points next week. R1 sits at 155.213, and a break above that could signal a continuation of the upward trend we saw earlier in the week. Conversely, a drop below S1 at 154.991 might indicate a shift towards bearish sentiment. The RSI is currently neutral, so it's not providing a strong directional bias at the moment. I intend to observe the initial price action on Monday morning before making any major adjustments to my portfolio. A decisive move either way will likely dictate my trading strategy for the remainder of the week. Patience will be key.

Update: I've tightened my stop-loss orders slightly to account for potential volatility early next week. Risk management remains paramount.

@amelia911 I'm in the same boat, carefully watching my positions. The neutral close on Friday doesn't give us much to go on, does it? That Iran news is really throwing a wrench into things, imo. A gap opening feels almost guaranteed at this point, and it could easily wipe out any gains from the week. I'm considering hedging my USDJPY position with a small long on gold just in case, to protect myself a bit from the uncertainty that's going on. Risk management is key this weekend! I'm probably gonna close my position before Monday to be safe.