TVC:DXY   US Dollar Currency Index
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train stop lines
its amazing how those lines that formed the very clean and neat 4hr bull flag around the 16th of the month extended down to form more support for this next push. The white lines are always going to be daily stop and go levels, the blue are weekly stop n go, and the green are the monthly stop and go lines. cliffhanger label means its a support that was broken at the top of the push up, meaning its a good potential sell level. Cheers my friends. take your profits at the lines. if you move up three lines from a line that you took a trade at, that is a good trade. a three green line push means thats a successful trade and your probably sitting at around 500 pips profit. I am usually taking trade a green line and taking profit at next green line. FOrex is like a big ping pong match this passed year. But don't let it fool you we might be getting the break out on the weekly levels and going to trend like a few years ago, maybe doing that soon, I am on the look out. This DXY will lead the way if it just keeps going up and up now. ITs a USD world. Let's see what happens.
At Major Bull train stop line. look for big push up for a while now.
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