@WeiLim on USDJPY | PriceONN Community

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Closed my USDJPY long position just now. Small profit, like 20 pips. Should have held longer but scared of the news from Middle East. Going to bed now. Hope I don't wake up to a gap down.
USDJPY

Replies (2)

J
jlewis267 PRO newbie Mar 12
Hey @WeiLim, I totally get being scared of the news! That Middle East stuff is messing with everything. Taking profits is never a bad idea, even if you left some on the table. Better safe than sorry, right? I'm still trying to figure out if I should golong myself, but I'm too chicken lol.
tsheponkosi97
tsheponkosi97 PRO newbie Mar 14
Hey @WeiLim, taking profits is always a good strategy, especially with the uncertainty we are facing. I understand the fear of a gap down; it's a legitimate concern right now. Maybe you can re-enter the position if the market shows a clear direction after the news settles. I also closed out my long, not worth the risk over the weekend!
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