TVC:DXY   U.S. Dollar Currency Index
I posted DXY             4 months ago projecting that US dollar             will go all the way to 102, before and major reverse. (see the link below), So far it is going smoothly and surely. For those who are bidding against the US dollar             , it is not going down anytime soon. may be small retracement from here and there, but the major trend is up. Just be careful guys and think twice. Of course it is your call, and You do not need to follow any person. Just focus more and you may see what I am seeing.
Comment: Please Note that this post is to show the general trend and not intended for entry or exit points, as I use lower time frame for my trades. But I keep the trend in the back of my mind, which is working perfectly since my DXY previous post.
Comment: what a beauty
Comment: watch a reversal after 103-104
Comment: few more cents to go, will prepare to sell in the coming few days. around the high end. 104.
Trade closed: target reached: After that beauty, I will be greedy to stay in. I prefer to be winning chicken, rather than losing Tiger. haha
I will chicken out for few days.
Comment: For those who chickened out with me, congrats. and for those who did not sell and got stuck. No worries if you can keep holding your breath for few days. 100-101 range, I believe the dollar will resume going up after turning at 100-101 range. they will have one more chance to sell I will consider going long again at 100-101 range.
Trade active: I guess the reverse is not as bad as expected, I am long again with 50% load,
Comment: for those who longed again at 100-101, just be patient, the green is going to 106-107 in the coming two months.
Trade active: following the predicted curve as a charm. slow but sure

Related Ideas

This idea is a treat to see unfold...nice work :)
I guess the reverse is not as bad as expected, I am long again with 50% load,
what is your thought on Labu and oil? :)
saif12 al.calgary
@al.calgary, I am long on both LABU and US oil, I am hoping for LABU to get to 60$ in the coming 2-3 weeks, and oil to get to 47-48, Oil will have a major reverse after hitting 47-48.
+1 Reply
@saif12, Oil hit 47$ today and reversed. Will you short it to 40$?
saif12 al.calgary
@al.calgary, It is hard to tell now, as the signal may change. going short need to be confirmed by the curves, not only the price. So when the curves give the reverse signal definitely I will short, but the fine tuning to come.
+1 Reply
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