INDEX:DXY   U.S. Dollar Index
96 7 1
How to make profit. Sit on your hands
We're at the wrong line, time to be overleveraged
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I meant no irony at all.
The only bet I'd make here - there will be no one here @ tradingview to mark the (coming to be soon) breakout or breakdown. Time frame is just too long.
Otherwise I agree with johan.gradin. The chart at the moment is 100% food for thought.
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johan.gradin vitaly.tsarik
The "magical" thing about trendless markets is that it has the capacity of generating extremely intense views ("higher leverage and stubborness") at precisely the wrong moments. Sort of like the USDJPY triangle last year. I just know that i for one, can't make a great ammount of profits getting highly directional ATM :)
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LOL, yes he might sound like, but this is like sound of wisdom on the othr side. USD Indx is not much different from EURUSD (that has the biggest weight in the index anyway).... And this year for EURUSD had been completely trendless so far.

But what if we add to this wisdom?

Sit on your hands, but keep your eyes open, and wait for the trend to start! :-)
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johan.gradin Kumowizard
excactly, i for one can't have high conviction in a trendless market. my bias is that the DXY goes lower. but that's just my bias, not facts :)
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You sound like a W. Buffet. Really.
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johan.gradin vitaly.tsarik
hehe, i don't know, but sometimes there's something to all of those classic sit on your hands quotes.
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