@chibuzo9894 on DXY | PriceONN Community
Funny how everyone's so worried about RSI levels on DXY. Just ride the wave, man. If it's pumping, it's pumping. Forget the indicators, trust the momentum. You catch more flies with honey than vinegar, and you catch more gains by just jumping in when the trend is clear.
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@chibuzo9894 Nah man, I hear you on riding the momentum, but you gotta have some kind of safety net, right? Like, if DXY is pumping, sure, jump on. But if it suddenly reverses, and you're all in with 100x leverage like I was last week on that other thing (don't ask), you're gonna get absolutely liquidated faster than you can say 'to the moon'. I saw RSI hit like 70 on Friday, and it just felt like it was getting a bit toppy. Maybe it'll keep going, but I'm not betting my entire account on it. Gotta respect those levels, even if it means taking a bit less profit. Better than being a bag holder, you know?