jangseohee

Multiple forex shorts and longs simultaneouly

AMEX:UUP   POWERSHARES DB USD INDEX BULLISH
21 0 1
Using UUP             price movement in channel as a guide, i can see that UUP             is currently having some resistance to work on (brown region)
Using a smaller timeframe such as 1hr to check for potential reversal..
If UUP             is rejected by the channel top, then together with short UUP             , any currency pair with USD as the base pair such as USDCAD             , USDJPY             & USDCHF             are also a short candidate, simultaneously i can long AUDUSD             , GBPUSD             as well as EURUSD            

Hope this is chart is not too complicated
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