DXY Long opportunity - Multiple time frame analysis
DXY can serve to give an outlook of the overall us economy and as base to trade pairs correlated to the us dollar like USDCAD, which means if we believe DXY is long:
- USDCAD long
- EURUSD short
Fundamentals might change the overall look of the direction of the market, so don't take an analysis for granted. If the market proves us wrong let's adapt, allow ourselves to see which direction the market wants to go, remember, our goal is not to beat the market, but to make consistent profits.
DXY can serve to give an outlook of the overall us economy and as base to trade pairs correlated to the us dollar like USDCAD, which means if we believe DXY is long:
- USDCAD long
- EURUSD short
Fundamentals might change the overall look of the direction of the market, so don't take an analysis for granted. If the market proves us wrong let's adapt, allow ourselves to see which direction the market wants to go, remember, our goal is not to beat the market, but to make consistent profits.