hope.bleecker
Long

Dollar Retracement in Store

FX:USDOLLAR   Dow Jones FXCM Dollar Index
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Trade it to the back side of the uptrendline and then sell it back to the D. Thanks!!!
Trade active: Stay Euro, Stay Aussie, Sell Pound if you want. New Zealand is dropping. Go easy on retracements and be back on the buys. http://www.kelta.com/blog/technicals-and...
Trade active: We are still on dollar index which has given us some good buying/selling on some of the US dollar crosses. This can go as high as 11980-12000 before we start looking on reversals on dollar. So I would stay the long on dollar until you get the reversal signals... at which time it will be appropriate to look for buys on the euro and some of the other pairs. Thanks!!
Trade active: We are still running the usd long.. we have hit the 618 now and are being vigilant looking for bearish candlestick formations.
Trade active: Continue to sell down ABCDS as outlined. You may see a bounce here but if we can break this we are headed to the D at 11700. This was great trading today with economic news sending the dollar lower!!
Trade active: Looking for one more little pinch north.. Just one more... I am long and am setting hedges on euro; selling australian, selling pound and selling new zealand...
We are still on dollar index which has given us some good buying/selling on some of the US dollar crosses. This can go as high as 11980-12000 before we start looking on reversals on dollar. So I would stay the long on dollar until you get the reversal signals... at which time it will be appropriate to look for buys on the euro and some of the other pairs. Thanks!!
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hope.bleecker Zohaib_Malik
Use the FXCM Dollar index for a better representation of the currency cross market. I don't particularly have a reference to the DXY and was taught that, among the dollar indexes, FXCM provides the most accurate method to enter baskets on the usd. Thanks for the great chart though... I am looking lower on dollar through the quarter.
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