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Simple_Renko
Nov 8, 2018 10:10 PM

DXY had a good day, but be ready for anything! Short

U.S. Dollar Currency IndexTVC

Description

Interest rates held steady... Market expecting another hike in December... Price rallies... Should there be any wonder? Beware dear followers, news is good so prices move up - this is no surprise! The USD (although news is good) is moving into some price levels which bigger sellers are beginning to show their teeth... I'm staying short for the time-being. When you see Green - think Red. When you see Red - think Green.

See callout bubbles. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
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