@pixeldrift62 on DXY | PriceONN Community

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Man, Friday's close for DXY felt kinda weird. It was up a bit but not like a huge surge. Wondering what that means for Monday. I'm still new to this whole weekend analysis thing, but I hope it doesn't gap down hard...
DXY

Replies (2)

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pixeldrift62 PRO newbie Apr 3
Also, thinking about what Megan said about risk management... I get what she means about being bold, but isn't it super risky to go full margin? Like, what if you get caught in a liquidity grab and just lose everything? I'm definitely not ready for that, still trying to figure out where to put my stop loss without getting stopped out too early. It's confusing!
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sbrown919 PRO newbie Apr 6
Hey @pixeldrift62, I totally get what you mean about the Friday close feeling weird. It's always a bit dicey trying to read sentiment when volume is low or people are already checked out for the weekend. I saw that 99.50 area holding, which is good support on the DXY, but yeah, no huge conviction. As for gapping down, it's always a risk, especially with this thin liquidity overnight. The stuff about liquidity grabs is real – you can get swept out of a position before you even know what's happening if you're not careful with your stops. I'm personally trying to avoid opening anything big before Monday's open, just too much uncertainty.
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