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dewpoint
Mar 16, 2020 10:03 AM

DXY - I'm currently short on this Short

U.S. Dollar Currency IndexTVC

Description

I'm currently short on this.

For reference purposes, these are my own thoughts on this, a pull back to 97.90 / 98.78 area - (61.80% / 78.6%) is a good area to be short, or even at current price, although i think we may get back to the 98.30 area.

Targets are way down at the 91- zone.

Stop would be above the 99.88 plus an allowance for the spread.

Comment

Ignore below G-J chart, added in error

Comment

closed position off, pulling back, net here

Comment

always protect thy capital

Comment

Moving higher, we might soon have a short opportunity on the DX, i'm expecting price to touch the 99.20/30 area, then look for some sort of rejection at or around this level.

Trade active

Possibly top now forming on the DXY, i have opened a short position here, with stop above 10020

Comment

price is too strong, closed out short.

Trade closed: stop reached

as above, closed out short

Comment

looks real bullish, just a thought, could go much higher to the 125.00 area. will need to look at an entry point here
Comments
dewpoint
Ignore above G-J chart, added in error
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