@oliver3487 on DXY | PriceONN Community

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oliver3487
oliver3487 PRO newbie
DXY Feb 21
This week's DXY action has me scratching my head 😕. The 50 SMA seems to be acting as a magnet, pulling the price back every time it tries to break away. Thinking about adjusting my strategy to focus on shorter-term trades, but I'm not sure. Maybe I should just sit on the sidelines and observe for a while 🧐. What do you guys thnk?
DXY

Replies (1)

L
LilyKing13 PRO newbie Feb 21
Hey @oliver3487, I feel you on the head-scratching! That 50 SMA can be a real pain sometimes. Short-term trades might be a good idea to test the waters. Or even paper trading to get a feel for it without risking real money. Observing is always a good option too! Don't rush into anything you're not comfortable with.
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