The US Dollar index is not a play thing. Some will be aware that I've been tracking this index for a long time.
Loads of folk have predicted that the Dollar Index will simply die. The evidence is showing that it ain't going down without a fight.
It's a massive index of macro-economic importance. You've got to be one of the big boys with loads of time to wait. I'm not one of the big boys - take it easy. I'm nobody. Making money on this depends on finding important points to go long or short.
It is very volatile and does things that you least expect.
The chart shows to important curves. Curves don't predict anything. The show very broad trends, or probability of movement.
Loads of folk have predicted that the Dollar Index will simply die. The evidence is showing that it ain't going down without a fight.
It's a massive index of macro-economic importance. You've got to be one of the big boys with loads of time to wait. I'm not one of the big boys - take it easy. I'm nobody. Making money on this depends on finding important points to go long or short.
It is very volatile and does things that you least expect.
The chart shows to important curves. Curves don't predict anything. The show very broad trends, or probability of movement.
Comment:
Some are still surprised!
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
