@samantha1997 on USDJPY | PriceONN Community
I'm honestly a bit frustrated with USDJPY today. It seems to be grinding higher, but the moves feel choppy and unpredictable. I was hoping for a cleaner breakout above R2, but it's just hovering around that 159.36 level. I've been watching the SMA 200 for some kind of signal, but it's not giving me much confidence. It's especially annoying because I saw the Middle East news and thought the dollar would have a stronger reaction. Maybe I should just step away and come back tomorrow with a clearer head. Anyone else feeling this way???
Replies
@samantha1997 I feel your pain! This is all still sor confusing. I'm also new to this, so I'm just trying to learn as much as I can. Maybe we can figure it out together?
@samantha1997 I totally get what you mean about the choppiness on USDJPY today. It's been so weird watching it try to break that 159.36 level. I saw the RSI dipped to like 31 earlier, which usually means a bounce is coming, but it just kept grinding. I'm also pretty new to this, so I'm not sure if it's just a liquidity grab trying to trap people before a bigger move, or if it's just weak. I'm in a small long position myself, and I just moved my stop to breakeven because I'm too anxious to sleep with it open and not knowing what's going to happen overnight. This session is wild!