EURUSD, /E6 : Projection / Notes on ES GC E6 and DXY
Yup, DXY, /ES, /GC, and /E6 acting crazy. Seems like something fundamentally has changed in this world.
-Still, in September SPY contracts, I still think DXY rise will get us a market correction although the chart looks like breakout, short-term.
-Still holding 4 E6 contracts, but will dump them soon and realize a loss if we get a bounce, if not I knew the risk, Hence the RISK MANAGED.
-In and out from /GC but I got lucky when I booked the gains before the manufacturing news. Stoped out on 2 reloaded contracts.
Random Though Notes:
(Usual scenario)
When DXY rises, currency vs USD goes down, and /ES usually goes down because most of the spx500 do business internationally and weak $ = more money for the company. Strong USD is bad for the world economy but good for the USA, look at oil and other commodities right now. Everything is going down vs USD. At this point, I think banks are propping up USD to control inflation at the world's expense and I think it is a reasonable move. DXY still has to break 93 Level (fib .886), and the world will be sht show. Countries like EU, China, and Russia will increase the demand for the US treasury bonds, making bonds skyrocket. DXY idea is linked below if it interests you.
Anywho, the world is a stage and we are just mere actors. My travel plans starts next week so won't be stressing about the loss.
Worse comes to worst, I am going to use a forex bot that gives a steady 25% per month return and enjoy some time off from trading lolz. Nonetheless, I want to know the game plan and trade for the challenge, but right now it seems like shooting blanks at a target. Fun fun.
GAMEPLANS :
1> DOLLAR MILKSHAKE THEORY - Brent Johnson's
2> LONDON BRIDGE - THE GREAT RESET -> Conspiracy :P
Likely scenario: US STOCK MARKET BUBBLE WITHIN 1.5-2 years! (not just tech), BONDS UP!
-Still, in September SPY contracts, I still think DXY rise will get us a market correction although the chart looks like breakout, short-term.
-Still holding 4 E6 contracts, but will dump them soon and realize a loss if we get a bounce, if not I knew the risk, Hence the RISK MANAGED.
-In and out from /GC but I got lucky when I booked the gains before the manufacturing news. Stoped out on 2 reloaded contracts.
Random Though Notes:
(Usual scenario)
When DXY rises, currency vs USD goes down, and /ES usually goes down because most of the spx500 do business internationally and weak $ = more money for the company. Strong USD is bad for the world economy but good for the USA, look at oil and other commodities right now. Everything is going down vs USD. At this point, I think banks are propping up USD to control inflation at the world's expense and I think it is a reasonable move. DXY still has to break 93 Level (fib .886), and the world will be sht show. Countries like EU, China, and Russia will increase the demand for the US treasury bonds, making bonds skyrocket. DXY idea is linked below if it interests you.
Anywho, the world is a stage and we are just mere actors. My travel plans starts next week so won't be stressing about the loss.
Worse comes to worst, I am going to use a forex bot that gives a steady 25% per month return and enjoy some time off from trading lolz. Nonetheless, I want to know the game plan and trade for the challenge, but right now it seems like shooting blanks at a target. Fun fun.
GAMEPLANS :
1> DOLLAR MILKSHAKE THEORY - Brent Johnson's
2> LONDON BRIDGE - THE GREAT RESET -> Conspiracy :P
Likely scenario: US STOCK MARKET BUBBLE WITHIN 1.5-2 years! (not just tech), BONDS UP!
2>https://www.youtube.com/watch?v=0mpsro3s5pI