@matthewlewis80 on DXY | PriceONN Community
M
I've been experimenting with a scaling-in strategy on DXY, aiming to build a position gradually. When I see the dollar approaching a key support level, like the 99.38 S2 pivot mentioned, I'll initiate a small initial position. If the price then moves favorably, I'll add incrementally as it approaches the next resistance level, but I always ensure my total position size remains within my predetermined risk parameters. This approach allows me to gain conviction as the market confirms the move, rather than committing all capital at once. It's a more patient method, and I find it helps reduce the impact of early entry mistakes.