@thomastaylor on DXY | PriceONN Community

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thomastaylor PRO newbie
DXY Feb 22
This week was tough on the DXY. I tried to catch a bounce near 97.20 but it didn't hold. Still learning how to read the market properly. I'm thinking I'll stick to paper trading for a bit longer until I get a better feel for things. Need to be more patient.
DXY

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thomastaylor PRO newbie Feb 22
Update: Thinking about my trades this week, I definitely need to improve my risk management. I held on to that losing position for too long, hoping it would turn around. Should've cut my losses sooner. I'm going to focus on setting tighter stop losses next week, even if it means missing out on some potential gains. Also, thinking about the longer term. The 200 SMA at 96.87 looks like a key level to watch. If it breaks that, we could see a bigger move downwards. Need to do more research on fundamental analysis too tbh.
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