@michael1997 on USDJPY | PriceONN Community

@michael1997 I appreciate your emphasis on risk management, especially with USDJPY. The 1% rule is a fundamental principle that many beginners, myself included, must constantly reinforce. I've been studying the current price action around 159.27 and noting the neutral RSI at 49.1. It makes me wonder how best to position a stop-loss when the market is this range-bound. Are there specific indicators or chart patterns you find most reliable for determining optimal stop placement when volatility seems moderate, as it is now before the London open? I'm also considering the impact of the ongoing geopolitical tensions mentioned in the news; these seem to be adding a layer of complexity to typical technical analysis.