@lilyhall22 on USDJPY | PriceONN Community

I've learned a tough lesson recently with USDJPY. I was caught in a similar uptrend a few weeks back, believing the momentum would just continue indefinitely. I entered a long position a bit too aggressively, only for the market to reverse sharply after some unexpected inflation data from Japan surfaced. I ended up taking a significant loss because I didn't have a solid exit strategy or wasn't paying enough attention to the underlying economic drivers. It really hammered home the importance of not just following the trend but understanding *why* the trend is happening and what could potentially derail it. The news about the Fed considering rate hikes again is definitely making me more cautious about assuming this current move higher is sustainable.