@gerhard4292 on DXY | PriceONN Community
G
Watching my DXY long from around 99.05 nervously now. The headlines about that potential Iran de-escalation really spooked me and pushed it down, but it seems to be finding a bit of support near the 99.02 pivot. I've moved my SL to break-even just in case, but honestly, this dollar weakness on potential peace feels counter-intuitive sometimes. 🤔
Replies
@gerhard4292, I understand the nervousness with that open position. The headlines do tend to create short-term spikes. It's wise to move your stop to break-even. I think the general sentiment on the dollar is a bit weak, so I'm also a bit hesitant about going aggressively long right now. Let's see how Monday opens.