rougetrader66
Short

banks trying to fool us again huh?

INDEX:DXY   U.S. Dollar Index
55 3 2
I found a perculiar behaviour in the dollar index             , note how price brakeout from the bullish wedges only to reverse afterwards. so Im selling EurUsd             just for the fun of it, small risk great reward :)
After all they are bank..sters
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Rennie
a year ago
great :)
snapshot
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DavidBelleFX
a year ago
Hey. Remember that the DXY is the dollar vs against a basket of 6 other currencies. More often than not, after a down move a retracement will have to occur as more buyers enter the market. As this is against more than one currency, the probability of this occurring is higher than simply a sustained bearish move for example.
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