I chart the dollar index to help determine how I trade EUR/USD. Long term I'm bullish the Euro but short term I've been trading it short with impressive results. Since I'm currently bullish the dollar I will be adding to my EUR/USD short out of the gate today based on the V Bottom pull back I see in the DXY chart. I will remain short until the DXY chart or EUR/USD chart shows me a reason not to be.
Comment:
This is the kind of thing that happens when you elect an idiot to be president of your country ... 'nuff said ...
