Fontas
Short

DXY is feces, flush da toilet

INDEX:DXY   US DOLLAR CURRENCY INDEX
340 5 3
I could name all these pretty indicators to support my theory like Fisher, AO, macd , rsi , srsi, a/d, obv, donchian , bollinger bands , ema crossovers, ema's on different timescales, but they are all just derivatives or integrals of price and volume .

Why would you view a Picasso impressionist painting of an apple             , when you could see the realist's painting instead? Any mathematician worth his salt should be able to instantly derive probable indicator behaviours in his head, based on price.

Anyway short DXY             , there is no sign of uptrend yet.
Good luck with that.
Reply
i agree that the trend is down, but i'm expecting a bounce here to 38.2 or higher before we drop. EURUSD made a highe high into close but DXY didn't make a lower low so i think the dollar gets its mojo back temporarily
+2 Reply
So let me see if I got this straight, an oversold indicator in one of the best trends seen in the last couple of years proves your 'theory' that the dollar is 'feces' (which by the way is not an appropriate word) ??
Reply
Fontas vlad.adrian
I see a trend and trade with the trend
+3 Reply
The trend is up, not down, on the daily chart.
Reply
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