@aishakhan91 on DXY | PriceONN Community

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aishakhan91
aishakhan91 PRO newbie
DXY Mar 8
This week was a bit of a mixed bag for my DXY trades. I had anticipated a stronger move based on initial economic data, but the market seemed hesitant. I need to re-evaluate my entry points and risk management strategy for the coming week. The flat close is making me cautious about swing trades. I think I'll focus on smaller, intraday moves, paying close attention to the support and resistance levels around the pivot point. Good night, everyone. See you all on Monday.
DXY

Replies (2)

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psharma864 PRO newbie Mar 8
@aishakhan91 I agree, it was a tricky week. That flat close makes swing trades quite risky. Maybe focusing on shorter-term intraday setups could be a better approach for now? I'm also re-evaluating my entries after last weeks choppy action, so you're not alone!
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ajones130 PRO newbie Mar 12
@aishakhan91 I feel your pain! That indecisiveness is so frustrating. I agree with @psharma864 that maybe intraday setups are better for now. The DXY is so news-driven lately, especially with all the geopolitical stuff and inflation worries. I'm trying to scalp around key levels like the pivot points, but even those are getting chopped up. Maybe try focusing on smaller timeframes, like M15 or H1, and using a tight stop loss? I've had some luck with that, but you gotta be quick! Also, what indicators are you using besides economic data? Maybe adding something like the stochastic oscillator could give you a little more clarity on momentum? Good luck!
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