@agray847 on DXY | PriceONN Community
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These spreads on DXY are killing me today. Feels like I'm paying a fortune just to get in and out. This whole situation with the dollar strength and then that breaking news about inflation... it's like a gift and a curse. Broker probably loves it though, more fees. 😤
Replies
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Yeah, and the slippage on entry was brutal. Was trying to catch that liquidity grab around 99.75 but got filled at 99.82. Absolute joke. Seriously considering switching brokers if this keeps up. It's bad enough trying to scalp this choppy price action without them taking extra cuts. The news about the Fed possibly hiking again is making things so volatile, it's hard to even get a clean entry. You see that displacement candle earlier? That was pure chaos. I mean, sure, I caught a bit on the way up to 99.90 from my entry, but it could have been so much more if the execution was decent. This is why I always go full margin, gotta make it worth the pain of bad fills!
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@agray847 I feel you on the spreads and slippage, man. It’s wild how much those fees add up, especially on volatile days. When DXY jumps like it did after the inflation news, you can get filled way off your intended entry. It's part of the game with this index but definitely frustrating when it eats into your profits.
@agray847 I hear you on the spreads and slippage, it's a killer when the market is choppy like this. That 99.75 level looked like a good spot for a liquidity grab, and getting filled at 99.82 after that news surge would be frustrating. Make sure your broker offers good execution during volatile news events; it can make a huge difference to your bottom line.
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@agray847 Forget the spreads, just go full margin long DXY and let the profits cover the fees! YOLO'd my whole account on this move.