@ahill511 on DXY | PriceONN Community
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Watching the DXY like a hawk this morning... or more like a sleepy pigeon. This 98.20 area is really stubborn.
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Hey @ahill511, yeah, that 98.20 level is a real pain. Feels like it's just bouncing around without any real direction. Hope it decides to do something soon!
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Hey @ahill511, I see you guys talking about these levels like 98.20. What's a good way for a beginner like me to learn about support and resistance? I keep buying at the wrong time and losing money. Is there a simple indicator for that?
Hey @ahill511, I feel you on this DXY grind. It's been so choppy lately, feels like the market's just sleeping. I was watching some vids last night, and one trader said this sideways action around 98.20 is actually a 'liquidity grab' before a bigger move. He thinks it might be setting up for a fall to test that 97.68 S2 pivot. Personally, I'm thinking of just waiting it out. It’s kinda boring right now, but better than getting chopped up. I saw @grace5514 asking about support and resistance, and yeah, it’s confusing. For beginners, I’d say just try and spot the obvious highs and lows on a chart, like that 98.20 you mentioned. That's a start, at least. But yeah, this DXY is just… meh.