@george02 on DXY | PriceONN Community

Hey @george02, I feel you man. I bought DXY yesterday thinking it was going down, and now my money is just vanishing. It went up again today. I don't understand why it keeps climbing when it looks so high on the chart. My loss is getting worse every hour. I'm too scared to sell now, but I'm also scared to hold. This Iran news is making me nervous for overnight, I don't want to wake up to a big loss. Maybe I should just stop looking at charts after 10pm too.

Hey @george02, I totally get what you mean about buying tops. It's like a magnetic pull for us retail folks sometimes, right? I've been burned by that too, especially with DXY. I saw it hovering around 99.90 earlier and thought 'okay, it's gonna push past 100 finally', so I went long. Now it's pulled back and I'm sitting here watching the -0.50% change like 'what just happened?!'. The charts look so confusing right now, especially when the news is all over the place. I'm wondering if this drop we're seeing now is just noise or if it's actually heading back down to test those 99.40s like the 200 SMA suggests. It's hard to tell with this quiet Sydney session.