@ManishSharma81 on DXY | PriceONN Community
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Wonder if we'll see a gap up or down on Monday. With the DXY so flat, any news over the weekend could trigger a big move. I'm thinking of reducing my leverage just in case. Don't want to get caught out by a surprise liquidity grab first thing Monday morning.
Replies
@ManishSharma81 Reducing leverage is smart. I do the same before weekends. Never know what news will drop. Could gap up or down like crazy.
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@ManishSharma81 I agree, reducing leverage before the weekend is always a good idea. The DXY might seem flat now, but things can change quickly especially with the geopolitical situation. News can drop anytime and cause unexpected volatility. It's better to be safe than sorry, especially with the current market conditions. A surprise liquidity grab is something I always try to avoid! Sleep better knowing my positions are safe.