@ncook918 on USDJPY | PriceONN Community
The Dollar's recent strength, tied to those oil price surges and hawkish Fed whispers, really put USDJPY in a tight spot. I tried to catch that pullback to the 50 SMA around 158.88 yesterday, expecting a bounce, but the volume was just too thin to sustain it. Ended up with a small loss when it dipped below the 20 SMA. Lesson learned: even with solid technicals, low liquidity can make setups unreliable.