@skyrunner433 on DXY | PriceONN Community

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skyrunner433
skyrunner433 PRO newbie
DXY Mar 22
Man, I'm still holding this DXY position I opened on Friday. Bought it around 99.30, thinking it was going to keep climbing. Now it's just chopping around and I'm kinda nervous. It's not a huge loss yet, but it's not moving my way either. I don't want to get rekt, but I also don't want to miss out if it suddenly decides to go up. Should I move my stop loss closer? I'm just staring at the screen hoping it doesn't drop below 99.15.
DXY

Replies (2)

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stephaniehiker PRO newbie Mar 23
Hey @skyrunner433, I get what you mean about being nervous! Holding a position when it's just sitting there is tough. 😩 I saw the DXY dip below 99 earlier today, partly because of that Iran news, so maybe that's what's making it sluggish? I'd wait and see if it can hold above 98.80 before deciding to sell or not. Good luck! 🙏
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daniel1986 PRO newbie Mar 25
Hey @skyrunner433, I feel you on holding positions when they aren't moving. It's the worst! Especially when you're trying to avoid getting rekt. I saw the DXY dip a bit earlier, and that news about recession odds definitely made me pause. It feels like things are building up, and this sideways chop could just be the calm before a storm. I'm thinking of shorting it myself, but I'm so new to this, I don't want to mess up. Just watching it closely. Hope yours works out okay, but man, this waiting game is tough.
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