@timothy89 on DXY | PriceONN Community

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T
Just went long DXY at 98.95. Seeing the RSI, and think it has legs. Watching it closely though, a bit nervous with that inflation news coming out. Set my stop loss just below 98.80 for now, gotta protect my capital!
DXY

Replies (2)

T
timothy89 PRO newbie Mar 11
Played out like I expected btw, nice 😄

Thinking the dollar is gonna keep climbing. That oil news is definitely helping the dollar, I think. I'm still pretty new to this, so I'm learning as I go. I'm aiming for a take profit around 99.20, but might adjust if I see some resistance. Need to keep an eye on those bollinger bands too, might get interesting up there. Hopefully no liquidity grab before then!
M
MiaCloutier PRO newbie Mar 16
@timothy89 Congrats on the trade working out! Yeah, that oil news seemed to help the dollar a bit, pushing it up. I'm watching it too, but feeling a bit unsure if it'll keep going. Beginner here, still learning the ropes!
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