ICEUSA:DX1!   U.S. Dollar Index
Who is buying this one? Dont read the headlines... DX             is going down like a piano for me... big bearish divergence and nasty candles... short DX             and close the short at 87,30 (61.8 fib). Stop? 97.75
Olu
2 years ago
Hi 'going down like a piano' What a picture. Seriously I think we will have some correction but 87.30 is too deep a correction imho. The more bad fundamentals are released the more the likelihood that interest rate rises will not happen soon
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fjtoledanob9 PRO Olu
2 years ago
Olu I can't agree more on interest rates... I dont know why everyone is paying attention to the headlines and to economist, they are wrong all time... I don't see anything that sugests that rates are going up anytime soon... BUT the graph of DX is telling me that at least we are going to 87,25/50...
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Olu fjtoledanob9
2 years ago
I was looking for a way to plant myself short till 94 area which is 280 pips index away from here but I will try for stop moving strategy perhaps to get more out of the trade. You know that this means the eurusd will go towards 1.3000 area if this happens and the eurozone is perhaps in a worse shape than the US
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fjtoledanob9 PRO Olu
2 years ago
Yeap... I see euro bouncing heavy from here... I was looking for euro to touch 1,03 but never happend... and started bouncing... so I'm long euro to 1,2 and then I'm going to see what happens...
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Olu fjtoledanob9
2 years ago
We are on the same wavelength here. We'll see what the market does...
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