Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
There is a strong bear divergence on the 1W and 1D DXY chart. I believe during 2017, the DXY will fall to the low 80's. I base this not only off the bear divergence illustrated above, but my strong doubt that the Fed will raise rates during 2017, and that the US economy will continue to slow.
Dollar is now showing signs of overbought !! RSI & MACD not bullish -- a bit bearish !! FED event gone - no more event lined up If scenario wave count -- most probably wave 3 is about to end of wave 5 (not on chart )!!
Upside trend should be confirmed (started 1h before last ECB & FED press conferences) ... A continuous bullish move we`ll see by prices above 103.56 (last week high & yearly high) and bearish move by prices under 101.78 (last week temporarly high). But prices above 99.11 still are still don`t damging the slightly bullish picture (on higher time frames) ... How...
For my trading Journal. Sold UJ @ 115.994 TP - Free Sold DXY @ 101.58 TP - Free Still running gold buys @ 1186$ TP - 1383 - 1430 ( Once gold there, most probably will close DXY, UJ short trades ) Max DrawDown so far - 35$ Most probably holding UJ, DXY over FOMC. Will update this idea with FOMC signal produced by HFT . Trade on your own risk.
Hi, Guys. Last DXY shorts bring us great profits, depends on how you managed your trades. I closed all shorts just before ECB meeting, right on Time, because I needed GOLD to drop and had a feeling ECB can give some strenght to USD. Dxy formed a 4th Slope by new degree count. I used that to reload shorts, overall 25k running. This is a strategy test, so be...
99.11 DXY is in my opinion still the make or break line prices above 99.11 DXY are suggesting still bullish scenario into new highs 2017 - eventhroughout Trump Election prices under 99.11 DXY are suggesting sharper fall into SellOff Area sceanrio - even while Election Night in nov`16 I can still imagine after yesterdays 1st sharp rise after Trump Election...
Important strategic horicontal lines for day traders 100.50 DXY Yearly High 2016 (before Trump Election) 100.39 DXY Yearly High 2015 92.62 DXY Yearly Low 2015 91.88 DXY Yearly Low 2016 90.20 DXY Opening Price 2015 In my opinion, these levels are important for technical background knowledge - even like informations on a memory card. But not important for...
Hello guys. Rare post from me on Dollar Index, but I've been waiting for my degree count to complete as well 3 slopes to be completed where 3rd slope is in development followed by crash. This analysis is done on pure JAFR calculations, where DXY constant number is 114.56 and degree count has become greater than this number. Since I used JAFR predestionation...
It looks like the 4th wave of TVC:DXY is at an end and not going any further - it didn't break through. So 5th wave is starting and there are a lot of PIPs to gain.
The dollar has gone up too fast, too quickly. Technically: 1) Outside 800-period BB on the 4H chart. 2) Divergence at the 100.2 level. 3) The 100-100.5 region is strong resistance on the daily chart - we were there in December 2015 after which there was a major correction to the downside. 4) Missed pivot point at 95.5 is the target. Fundamentally: The...
Bat pattern completed. it is time take two targeted short position.
As We mentioned in Graph about Technical Here We will See little about Fundamental After a week China is coming From holidays so We can see its impact on market also. As china is big player of commodity and Forex market. and later on Wednesday we have FOMC Meeting Minutes Which Expecting After NFP that Comments will not good. and on Friday we have Many Events...
Good RR. EURUSD up to 1.18xx with Option to 1.20xx - 09/2016 to 03/2017. Watch out: italian Banks could be the next threat for financial markets and finally for the global economy. #Baddebt #high #volatility / Just FYI. For all other inquiries, don't hesitate to leave a message. I wish you best success.