TVC:DXY   U.S. Dollar Index
4.29.24 The dxy is easy to chart. it shows you fairly easily where the reversal areas are in the past. so I decided to clean up the chart while I was doing the video. I wanted to show you how I keep the charts clean and without clutter always trying to use the tools that will help me make trading decisions in real time...... and strategically picking entry points that have a high probability trading in the direction that I am planning for with a very small stop. it only takes a minute to look at a market to decide if you want to take the trade.... but it takes a lot of time to describe it and talk about the subtleties. I would like to get to the point where I can just do quick discussions about trades that will be your responsibility if you trade.... and some of those trades will be losing to trades... but we can do the post trade analysis and then move on to another market..... and hopefully I can have one or two markets that I'm looking at that I'm willing to post on..... with relatively short videos. I can tell you for a fact because of the way the market's moving and my trigger word is' contracted'....They're going to be some tough trade decisions..... but tough trades are worth looking at because you can still articulate what you think is going on whether you take a trade or not... and decide if your analysis made any sense after the fact.... and if there are things that were said that are way off base now that you are in the post trade time.... if you look at it you can learn something from it... or you can look at clues that you didn't recognize now that the markets moved on. It's much better to trade less than it is to trade more until you can do the type of analysis that you think will work for you.
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