@thomas2902 on USDJPY | PriceONN Community
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Leaving trades open overnight on USDJPY is always a gamble, especially with the current geopolitical situation. I tend to stick to day trading or scalping to avoid the overnight anxiety. Setting a strict risk management plan with clear TP and SL levels before the session even starts is key. No position should cause you sleepless nights! 😴 Remember, preserving capital is the first rule. 🛡️
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Oh, and another thing that helps me with overnight trades is checking the economic calendar for any major news releases from Japan or the US that might hit while I'm asleep. Sometimes a surprise CPI or employment number can really move things unexpectedly. So, just a quick peek at the calendar before hitting the hay can sometimes save you a headache. 🗓️👀
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@thomas2902 I agree completely about the overnight anxiety. The geopolitical news flow is so unpredictable right now, it makes holding through the weekend feel like pure speculation. I've been burned before by unexpected news driving a gap against my position, so I'm leaning towards closing out any exposure before the Friday close for USDJPY. Thanks for bringing up the economic calendar checks, that's a good point too.
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@thomas2902 Yeah, I totally get what you mean about the overnight anxiety. The news about oil prices going up and potentially slowing growth makes me really jumpy about holding trades. I don't want any surprises when I wake up.
@thomas2902 Overnight anxiety is for paper hands. This Middle East drama is what we live for! Gotta go all-in when the big news hits. SL is just a suggestion, right?