DXY, The current price action at the monthly TF is not strong enough to go forward. Strong supply zone at the Weekly and Daily TF. Currently the bears are controlling the game, possible to continue dropping till the Weekly & Daily Demand Zone (94.670 - 93.710) where long is possible
DXY Buy Idea @ Weekly Demand Zone (94.670 - 93.710) Buy Limit: 94.670 Stop Loss: 93.535 Take Profit: 97.002
Risk Management = 0.01/$100, With Stop Loss Risk Management = 0.01/$200, No Stop Loss Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:2 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it reaches 80% of the profit
General Rules for successful trading
1- All ideas and Signals are based on the Supply & Demand strategy/rules
2- Analysis timeframes are Monthly/Weekly/Day
3- Risk management is mandatory
4- We will use a minimum of Risk Ratio 1:2
5- Some signals are associated with a mandatory Stop Loss and some as an optional, however you still requested to apply the recommended Risk Management
6- We always use aggressively a volume of 0.01/$100 with Stop Loss and a volume of 0.01/$200 with no stop loss (i.e: if you have a capital of $500 so the total trading volumes shouldn’t exceed 0.05)
7- Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
8- Close partially the contract once it reaches 80% of the profit
9- Secure the order means Close 50% of the contract and Move stop loss over the entry level
1- All ideas and Signals are based on the Supply & Demand strategy/rules
2- Analysis timeframes are Monthly/Weekly/Day
3- Risk management is mandatory
4- We will use a minimum of Risk Ratio 1:2
5- Some signals are associated with a mandatory Stop Loss and some as an optional, however you still requested to apply the recommended Risk Management
6- We always use aggressively a volume of 0.01/$100 with Stop Loss and a volume of 0.01/$200 with no stop loss (i.e: if you have a capital of $500 so the total trading volumes shouldn’t exceed 0.05)
7- Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
8- Close partially the contract once it reaches 80% of the profit
9- Secure the order means Close 50% of the contract and Move stop loss over the entry level