@nomanansari78 on DXY | PriceONN Community

@nomanansari78 Smart move keeping the position size small. Sideways action is the name of the game right now. I'm also watching the Bollinger Bands, good call.

@nomanansari78 I agree, keeping the position size small is smart. I'm also seeing that range-bound movement. Patience is key, I guess 🤷‍♂️

@nomanansari78 I agree with your cautious approach. The range-bound movement on DXY is making it difficult to predict short-term direction. While the Bollinger Bands can provide support and resistance levels, it's crucial to consider the broader market context, especially with the escalating geopolitical tensions. News like Iran's statements could inject volatility and potentially invalidate technical setups. I'm personally waiting for a confirmed break of either the 20 SMA or 50 SMA before committing to a larger position. Risk management is key in these uncertain times, so your 0.5% risk strategy is prudent.