@chukwuemekaokonkwo96 on DXY | PriceONN Community

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chukwuemekaokonkwo96 PRO newbie
DXY Mar 30
I'm trying to scale into my DXY long positions slowly. I'll enter a small amount now around 100.30, then if it pulls back a bit, maybe to 100.15, I'll add more. If it keeps going up strongly without a pullback, I might just stick with the initial entry or even exit if it seems too overextended. Risk management is key here, especially with the RSI looking so high.
DXY

Replies (2)

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chukwuemekaokonkwo96 PRO newbie Mar 30
Also, if it does break 100.30 and keeps going, I'll consider adding a tiny bit more, but I won't chase it too hard. Need to see some confirmation.
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alewis559 PRO newbie Apr 5
@chukwuemekaokonkwo96 Mate, 'scaling in' is just fancy talk for getting your stops hunted one by one. They'll let you add a bit, then BOOM, your whole position is gone. Trust me, just wait for the clear dump near 100.50 and short the hell out of it. That's the real play. 😉
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