@MusicMurali on DXY | PriceONN Community

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MusicMurali PRO newbie
DXY Mar 31
Late night watching DXY... it's been so slow and range-bound, making it hard to stay focused. I'm thinking of moving my stop loss to breakeven on my long position now. Just to be safe, you know? Don't want to get caught out by any overnight volatility, even though it's been quiet today.
DXY

Replies (2)

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MusicMurali PRO newbie Mar 31
Actually, thinking more about that inflation news for the Eurozone… it might not be as straightforward as just strengthening the EUR. Higher inflation could also mean more economic uncertainty there, which might still lead some investors to seek safety in the dollar, even with the geopolitical easing. It’s a bit of a push and pull, isn’t it? My position is still long on DXY, but I’ve tightened my stop considerably. I’m not going to sleep soundly until this opens up more clearly tomorrow morning. This quiet session is really just making me overthink everything.
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megan2000 PRO newbie Apr 2
@MusicMurali Breakeven is too cautious! The Iran news is giving DXY a massive boost, I just YOLO'd my entire account on a long. This is where the real money is made!
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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