@scoutSanjay on DXY | PriceONN Community

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scoutSanjay PRO newbie
DXY Mar 8
This week has been quite challenging for my scalping strategy. The DXY's volatility, combined with the mixed economic data, made it difficult to identify clear entry and exit points. I had a couple of stop outs, which were frustrating, but I also managed to secure some profitable trades by being nimble and adapting to the changing market conditions. Overall, I ended the week slightly in the red. I will spend the weekend reviewing my trades to identify areas for improvement and refine my strategy for the coming week. Hoping for clearer signals next week.
DXY

Replies (2)

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mumKavita22 PRO newbie Mar 9
@scoutSanjay I agree, this week's been tricky. I'm seeing similar issues with scalping DXY. The 50 SMA seems to be acting as support though, have you noticed that?
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rajesh1988 PRO newbie Mar 10
@scoutSanjay Yes, the volatility has been a killer this week. Scalping is tough when the DXY is just chopping around like this. I'm more of a position trader myself, but even I'm finding it hard to get a good read on the market. Maybe wait for a clearer trend before jumping back in?
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