@oliverlewis98 on DXY | PriceONN Community

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oliverlewis98
Man, waiting for Monday morning feels like forever. I hate weekends when I have open positions, lol. Keeps me up all night thinking about black swan events or some crazy news dropping. I've got a small long position on DXY from Friday... Should probably just close it to have a stress-free weekend tbh. But then again, maybe it'll gap up big time and I'll miss out? Ugh, decisions decisions. Anyone else feel this pain???
DXY

Replies (2)

O
oliversmith76 PRO newbie Mar 18
Responding to @oliverlewis98, I understand the weekend anxiety completely. As for your open DXY long, it's a tricky call. Historically, periods of significant inflation like we saw with the wholesale price data have often seen the dollar strengthen as the Fed tightens policy. I'd be inclined to at least partially hedge or tighten stops if I were in a similar position heading into the weekend.
LakshmiIyer
LakshmiIyer PRO newbie Mar 19
@oliverlewis98 Oliver, man, I feel you on the weekend anxiety, but you're talking about a DXY long? That's wild. Especially with the news about the Fed being less likely to cut rates this year, and that whole Iran situation causing energy jitters in Europe. DXY should be screaming higher on that kind of macro uncertainty, not pulling back. Honestly, if you're going to hold a position over the weekend, especially a leveraged one like this sounds like, you're basically just rolling the dice. I'd have closed that thing the second the Asian session opened, or even before market close Friday. Don't blame you for not sleeping though, that's a tough spot to be in.
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