This is the dxy chart that I want to show with my previous XAGUSD long position, if you are watching this please do scan throught my xagusd long idea too.
In my chart dxy yet to break the resistence and seem like it is forming the reversal pattern.
This is still very risky trade as the comfirmation candle is yet to form. If you are defensive trader I would recommend you to wait a little longer, but as for myself, I'm very aggressive in the very short term trade.
I only have positions with metals for now, but if you have all day in front your desk, you might want to consider other currency pair with USD.
In my chart dxy yet to break the resistence and seem like it is forming the reversal pattern.
This is still very risky trade as the comfirmation candle is yet to form. If you are defensive trader I would recommend you to wait a little longer, but as for myself, I'm very aggressive in the very short term trade.
I only have positions with metals for now, but if you have all day in front your desk, you might want to consider other currency pair with USD.
Comment:
a little add up notes, remmber to set your stoploss very tight if you want to take this trade before the comfirmation candle. Goodluck