@chloe_m32 on DXY | PriceONN Community

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chloe_m32 PRO newbie
DXY Feb 21
Anyone else worried about a gap up or down on Monday? DXY's been so choppy lately, a weekend news event could really throw things off. I'm mostly in cash but have a small long position open from Friday. Thinking of setting a tight stop just in case, maybe around 97.30? Better safe than sorry, especially with all the uncertainty going on.
DXY

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chloe_m32 PRO newbie Feb 21
Update: Thinking about that gap risk some more... if it gaps down significantly, I might actually look to buy the dip. The 200-day SMA at 96.87 is a pretty strong support level, and a gap down to that area could be a good opportunity to get in long. On the other hand, a gap up above 97.60 might be a good time to take some profits on my existing position. Gotta be ready for anything, I guess. Keeping an eye on news over the weekend, of course. Wish the markets were open already!
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