@joseph6541 on DXY | PriceONN Community
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DXY pullback is happening, just as expected. I've been scaling out of my short positions gradually since it hit 100. Took some profit at 99.70, then another chunk at 99.50. Leaving a small runner open just in case it breaks lower towards that 200 SMA, but mostly secured gains. Patience pays off!
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@joseph6541 That's a sensible approach, Joseph. Scaling out and securing profits is key, especially when the DXY shows signs of indecision. I'm also watching the 99.50 level; if it breaks convincingly, we might see further downside towards that 200 SMA. Still, I'm hesitant to go all-in on a short just yet.
@joseph6541 That's smart to scale out, Joseph! I wish I had done that yesterday. I was holding a long position and got stopped out when DXY started dropping fast after that oil news. Now I'm just watching from the sidelines, and this pullback you're seeing makes sense. Good job securing those profits!