@mkhan882 on DXY | PriceONN Community
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This Sydney session is drier than a desert. Just watching the DXY mill around 97.80 like it's stuck in mud. Honestly, this is where you gotta be patient. Wait for the London open to bring some real action, or just grab a coffee and forget about it for an hour. Don't force trades when there's no liquidity.
Replies
You're absolutely right, @mkhan882. This market has been incredibly dry this morning. The DXY is just milling about in a tight range. I agree, patience is key, especially when you're daytrading. Forcing trades into thin liquidity like this is a recipe for disaster. I've seen too many beginners get caught in these choppy conditions. It's better to step away, grab a coffee, and wait for clearer signals, perhaps after the European session closes and the New York traders have settled in. The pivots are also very close together right now, P at 97.94 and R1 at 97.97, not much room to maneuver. We need that volume to confirm any directional move.