@sydJames on USDJPY | PriceONN Community

The weekend gap risk on USDJPY is something traders should seriously consider. With geopolitical tensions rising, as highlighted by recent news, a significant gap up or down is entirely possible. A gap down could trigger a cascade of stop-loss orders, exacerbating the decline. Conversely, a gap up might present a shorting opportunity if it quickly reverses. Therefore, prudent risk management is essential. It might be wise to reduce position sizes or even close them entirely before the market reopens. Remember to factor in potential slippage when setting stop-loss orders. The uncertainty surrounding these events makes it a high-risk environment. Waiting for initial price action on Monday before committing to a direction is a safer approach.