@wiseBear2 on DXY | PriceONN Community
W
Man, this DXY swing is wild tonight. It's like a rollercoaster out there. You gotta respect the momentum but also know when to jump off before it crashes. It's a fine line between getting rich and getting wiped out. Keep your head straight, focus on the next candle, not the last one.
Replies
W
And yeah, about what I was saying earlier, it's not just about catching spikes. You see how DXY just ripped past that 100.22 pivot? That's a clear sign the bulls are in control, especially with RSI way up at 77. This isn't just noise, it's smart money pushing it higher. I'm thinking of going all-in long here, maybe 50x leverage. This is the kind of move that makes your account explode overnight. If it goes south, oh well, ramen for me. But if it goes north... lambo time!
J
That's a great point @wiseBear2. The momentum is definitely there, but seeing it hover around these higher levels makes me a bit nervous about a sudden reversal. It's definitely a delicate balance.
Hi @wiseBear2, I agree that managing the momentum is key. The way DXY has been carving out higher lows and higher highs on the intraday charts is impressive. While I'm not actively trading it at this moment, I am monitoring the 99.60 area, which coincides with the 20-day SMA and the S1 pivot. A sustained hold above this zone could indeed signal further upside potential, perhaps retesting the R1 pivot around 99.72.