DXY: Update On Strength, Jack Be Nimble, Part 6

TVC:DXY   U.S. Dollar Currency Index
20 0 2
This is part 6 for DXY             , the "Jack Be Nimble" trade. DXY             is rising, but beware of warnings that the trend may stall.
Let's review Don's TRADE-MAP approach:
TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
.....MAP = 6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance.
When I mention "Don's Top Ten Technicals", I use the elements of the "TRADE-MAP" approach: SINCE May 3rd, 2016 IN THE CHART OF DXY:
1. The Ichimoku Cloud is declining. 2. Prices are above the cloud, but STILL BELOW TREND. 3. Prices are trading above the thick red Ichimoku Cloud Conversion line, BUT JUST BARELY. 4. The thick red conversion line is rising. 5. The thick black line is the Ki jun-Sen baseline of the Ichimoku Cloud , which is rising but not above the cloud. 6. The indicator on the top of the page is RSI / Stochastic , and this is strong. 7. The top middle indicator is vortex and it is strong (green over red). 8. The Top (bar-type) indicator measures the "phase energy" of DXY             , and this is STRONG. 9. The green fractal arrows are up (not shown). 10. Look to the far right on the chart, by the large red arrow, at $94.085. You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you to use your imagination and envision these three items as the "separated jaws of a feeding alligator". This is a positive indication because the alligator is FEEDING in the uptrend.
WHY AM I NERVOUS? I need to see the penetration of DXY             above the down-trend regression lines.
If this does not happen, in my opinion, the DXY             trend upwards will end.
I would like to close with a quote from Henny Youngman: “I’ve got all the money I’ll ever need; if I die by four O’clock.”.
If you are long DXY             , be ever vigilent for the $94.30 trend-line. DXY             must rise above this level. The odds: 65% yes, 35% no.
I hope this has been helpful, entertaining, and informative. May all of your trades go well. Don.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out