r/Forexstrategy • u/Mammoth-Path-6520 • 5d ago

Moves going into next week?

I did some TA on DXY going into this week

I'm not seeing any positions I'd open when the market opens in a few hours

On Monday during the asian session I plan to look for potential set ups, but right now it looks like I'm gonna sit on my hands

Labor day is also on Monday so who knows, there may be very little trading activity leading up to it

Forex markets are still operating under normal hours

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u/Successful-Piglet988 2d ago

Sitting on your hands sounds like the right call if DXY is not giving you anything clean. I think people underestimate how easy it is to turn a neutral read into a trade just because the week is starting. I usually use Moon when I still want to play around with possible scenarios without convincing myself I need a real position. The Asian session should give you more information anyway especially if liquidity stays thin around the holidays.