I have just entered an order to go long UJ at 102.92, about 2 pips below the current price. I am sure it will get hit soon; as of this writing my platform is showing a price of 102.94. I’ve kept the size really small, just to have some skin in the market at the FOMC event tomorrow.
Long $3/pip USDJPY at 102.92.
Edit 13.30 gmt:
The price moved away and hasn’t looked back. It is now hovering near 103.01. I am keeping my order as it is.
Edit 13.36 gmt:
Order got executed. Long UJ $3/pip at 102.92. SL at 102.52.