@ksuresh939 on DXY | PriceONN Community
DXY feels like its stuck in a rut. Sideways action is killing me! I'm trying to find a good swing trade but nothing is really setting up. Maybe I should just stay out and wait for a clearer signal... I'm not seeing any real momentum either way. Gonna go make some tea, maybe that will help me see something.
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And the volume is so low right now... makes me even more nervous. Whales could easily manipulate the price in this thin liquidity. I'm really tempted to just close my position and sleep soundly tonight, lol. But, the 200 SMA is acting as support, so maybe it's worth holding on a little longer? Ugh, decisions, decisions! Maybe I'm just FOMOing in to staying in the trade. I need to stop looking at the charts every 5 minutes. I'll check again in the morning. Good night all!
J
@ksuresh939 I feel your pain, man. Sideways action is the worst. Have you tried looking at shorter timeframes for potential scalp trades? Sometimes you can find small opportunities even when the overall trend is unclear. RSI might give you some clues on overbought/oversold levels too. Just a thought! 🤔