@emeka3755 on USDJPY | PriceONN Community
Closed my USDJPY positions on Friday too! Didn't want to hold through the weekend. Too much uncertainty. Will re-evaluate on Monday morning and see if there are any good opportunities. Risk management first!
Replies
Hey @emeka3755, thanks for sharing! I'm still trying to get my head around risk management. You closed your positions on Friday because of the weekend uncertainty? So you're saying things can change a lot even when the market is closed? That's a bit scary tbh! What kind of things do you worry about over the weekend that makes you close? I thought USDJPY was pretty stable but maybe I'm wrong. Any tips for a newbie would be great!
Hi @emeka3755, I understand the hesitation holding over the weekend. Smart to close positions if you weren't comfortable. Uncertainty can definitely impact pairs like USDJPY. I sometimes use weekend gaps to my advantage by placing limit orders anticipating a pullback or continuation, but it's a higher risk strategy. How did you typically manage risk when holding positions over the weekend? Just curious about different perspectives. I agree with you on risk management always coming first!