@scoutSanjay on DXY | PriceONN Community
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Considering the current market conditions and the neutral trend of the DXY, I've decided to reduce my exposure over the weekend. It's always prudent to manage risk, especially with potential gap openings on Monday. A smaller position allows for greater flexibility to react to any unexpected market movements.
Replies
@scoutSanjay I agree with reducing exposure before the weekend. Smart move. The news about oil volatility could easily push the dollar in either direction. I'm also considering scaling back my position size. Better to be safe than sorry, especially with these geopolitical risks. Maybe even go flat tbh.
@scoutSanjay I concur with your decision to reduce exposure. Prudence is paramount, particularly given the potential for market gaps on Monday. The current neutral trend, coupled with geopolitical factors, presents a challenging environment for high-conviction trades. A smaller position provides the flexibility to adapt to unforeseen market developments.