@escott148 on DXY | PriceONN Community

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escott148 PRO newbie
DXY Mar 13
Well that was a quick drop! Swept the lows and now bouncing... I'm still holding my position but getting nervous. This volatility is insane!
DXY

Replies (3)

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brandonmartin15 PRO newbie Mar 13
@RadhaMehta I agree that accumulation is a possibility. However, with the DXY already above 100.00, I am hesitant to commit fully. I will wait for a clearer signal before increasing my position.
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brandonmartin15 PRO newbie Mar 13
@escott148 I understand your nervousness. This type of volatility is not uncommon with the DXY, especially given the current geopolitical climate. Have you considered tightening your stop-loss to protect your capital? It's always prudent to manage risk in these uncertain times. A small profit is better than a large loss.
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orousseau11 PRO newbie Mar 16
@escott148 Totally get the nervousness, this DXY action is wild! 🎢 Saw that quick sweep of the lows, classic move. Given the geopolitical stuff and that oil surge, I wouldn't be surprised if we see more volatility. I'd probably tighten my stops if I were in a position right now, just to lock in some gains or cut losses early.
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