I do not have a bias on this I just personally mark up it to get an overall guideline for my forex trades and stock options. Last friday I noticed my stocks were moving the exact same as DXY which is NOT normal and it ended up giving me a choppy market. So hoping for a solid trend this week. To stay Bullish we have to break and retest above the 4hour trendline.
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A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup.
The only Trades which have been highlighted are ones coming off a level and showing promise.
Hey traders! 👋 Keeping an eye on DXY for potential trading opportunities. The chart is showing some interesting dynamics, and there might be moves on the horizon. Stay tuned for updates as we navigate the market together!
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A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup.
The only Trades which have been highlighted are ones coming off a level and showing promise.
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup.
The only Trades which have been highlighted are ones coming off a level and showing promise.
I made a series of favorable trades this week, albeit with a few setbacks, notably in the EUR/USD and USD/JPY pairs. Nevertheless, the week concluded on a positive note, driven by successful endeavors in capitalizing on bearish movements in the U.S. Dollar Index (DXY) over the past days. To seize potential opportunities, I strategically allocated a portion of this...
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup.
The only Trades which have been highlighted are ones coming off a level and showing promise.
A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup.
The only Trades which have been highlighted are ones coming off a level and showing promise.
The market from weekly perspective we can see it meet our M pattern print out which indicate bearish movement, and it rejected on the neckline also, so moving foraward to daily timeframe we can see the markt is printing the pattern which indicate a strong bearish structure with the same M pattern which rejected the the neckline.
to start the week I was bullish LTFs and bearish HTFs however current price action is breaking through support. this could be a HTF top in DXY. USDCAD is the only active position . Disregard any other idea posted below this ( other than my fib tutorial )
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Daily/4h time frames analysis for Dollar Index.
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A look at the Market Sentiment and trading opportunities on offer for the session. Review of the price action we want to see prior to an entry Setup.
The only Trades which have been highlighted are ones coming off a level and showing promise.
