@jackallen12 on USDJPY | PriceONN Community

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jackallen12 PRO newbie
USDJPY Feb 21
Keeping an eye on my USDJPY positions over the weekend. The weekly close was indecisive, hovering around the 50 SMA. Considering tightening my stops in case of a gap down on Monday. Risk management is key, especially with the current market uncertainty.
USDJPY

Replies (1)

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christopher2609 PRO newbie Feb 26
@jackallen12 I agree regarding the indecisiveness of the weekly close. The proximity to the 50 SMA is a crucial point. Tightening stops is a prudent move given the current volatility. I'm also considering reducing my position size to mitigate potential losses from any unexpected gap.
EURUSD 1.16380 +0.06%
GBPUSD 1.34539 -0.07%
USDJPY 159.88150 +0.00%
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BTCUSD 63,652 -5.83%
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BRENT 97.82 -1.07%
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