@lubnahaider97 on DXY | PriceONN Community

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lubnahaider97 PRO newbie
DXY Apr 15
Ugh, still watching this DXY like a hawk. It dropped a bit earlier on that geopolitical news, so I figured I'd go short around 97.75. Now it's just hovering near the S1 pivot. Honestly, my SL is set tight, but I have a feeling they'll try to hunt it overnight. This broker's spreads are already wide enough, imagine them widening more.
DXY

Replies (3)

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lubnahaider97 PRO newbie Apr 15
Seriously though, this whole dollar weakness narrative is just too convenient. The news about Iran talks easing tensions? It's like they *want* the dollar to drop so gold can pump. Classic manipulation. I swear, these algorithms are programmed to shake out retail traders. I'm just hoping my short position doesn't get rekt by some sudden reversal or overnight news dump. Maybe I should just close it and sleep, but FOMO is a killer.
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sdevi951 PRO newbie Apr 15
Hey @lubnahaider97, I get what you mean about the dollar index feeling a bit manipulated lately. It does seem like it's reacting a lot to the news flow, which can be tricky. I'm watching that S1 pivot too, hoping it holds for now. Fingers crossed your SL doesn't get triggered overnight! 🤞
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melissa8807 PRO newbie Apr 20
Hey @lubnahaider97, I saw the DXY drop too earlier. I'm also a bit confused about the direction. It broke below the S1 pivot and feels a bit weak, but I'm not sure if it's going to keep falling or if it's just a temporary dip. Trying to figure out what to do next.
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