@neo2394 on DXY | PriceONN Community
N
Okay, so DXY closed pretty strong this week, right at that 100.2 level. I'm thinking of tightening my stops on my existing positions just in case we see a bit of a pullback early next week. Don't wanna give back too much profit if things decide to reverse. Gotta protect the bag, you know?
Replies
N
Oh, and speaking of protecting the bag... that Iran war news is definitely adding some extra spice to the mix. King Dollar might just keep running if things escalate further. Keep your eyes peeled!
@neo2394 I agree, tightening stops is a prudent move given the current market conditions and the week's close. That Iran situation is definitely a wildcard. A further escalation could easily send the dollar soaring even higher as investors seek safety. It's better to secure profits than to gamble on continued upside.