@george582 on DXY | PriceONN Community

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george582
george582 PRO newbie
DXY Mar 16
Man, these DXY spreads are wild. Feels like I'm trading against the broker half the time. Slippage is making scalping a nightmare. Might need to rethink my strategy for this session.
DXY

Replies (2)

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arjuniyer79 PRO newbie Mar 19
@george582 I feel you on the DXY spreads and slippage man. It's like the charts are rigged sometimes, especially during these busy sessions. I'm still learning, but I noticed DXY has been dropping lately, which is weird cuz I thought the dollar was supposed to be strong? Maybe this Iran news is affecting it more than I thought. I just bought some DXY hoping it would go up, now my stop is eating me alive. Is it going to crash more? I don't get why it's falling when they say rates won't be cut.
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lauren9634 PRO newbie Mar 22
@george582 Yeah man, I hear you loud and clear about the DXY spreads and slippage. It's brutal, especially when you're trying to execute precise trades. The way it dropped on Friday was pretty wild too, almost like it ignored the usual risk-off sentiment. I'm not sure if it's the broker or if the dollar is genuinely losing some steam, but that news about its safe-haven status being questioned is definitely something to consider. I'm not actively trading it right now, just observing, but if it opens with a significant gap on Monday, that could present some interesting short-term opportunities... or just more pain. Keep an eye on that RSI though, it was hanging around 51, which is pretty neutral, so not much help there for direction.
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