i will update notes later. Here is my overview of my DXY predictions
Price dropped into order block. support has held strong we will start to buy in and ride to .65
Looking to Dollar Cost Average for the short term. Currently watching BTC rise to around $8000 a pull back. Entry was taken at $7,023 with aim and 1st Take profit $7800, 2nd take profit is $8600. Let's keep watching. i will update as we go.
Position opened on 4/17/2019 short using andrews pitch fork im able to see a more accurate opportunity. follow this pair and follow me on instagram @WallstreetJon
After a long year where we seen the EUR come to lows, we now have to ask if there is a possible opportunity to start buying in with rumors of the dollar weakening. **Keep eye on DXY** This outlook will allow us to see a possibility of a long opportunity. Falling Wedge forming on the 4H. good buying area around 1.10200. dive into lower time frames and use...
Using the Andrews Pitch fork we are able to predict a solid short for GBPJPY
week 11/26-11/30 EUR/USD -This week we may see a retest of 1.1400 area. From there we may hit out YELLOW strike zone. off a 3rd strike off trend line to a short position. Target: 1.1300 Short term bias SHORT If fufilled: then looking to go long (see chart) LONG TERM BIAS: Long (see DXY) if we reject off 1.1300 we may have a correction to 1.16 or beyond. stay...
Short multiple entires at 1.1600 heading to 1.13000 hold and swing this trade.
GBP is rising against the US dollar. Target profit is placed where the GREEN lines are. 1.35000
DXY is a great inverse correlation to Gold. Entry 1231.93 Take Profit: 1250 take profit: 1260-70 SL:1220
an over inflation of the dollar and confusion throughout media man and banks the dollar is now weakening I am not trading this - rather using it as a gauge. Follow this mark up
Entry at 111.382 SL:111.998 TP 1: 110 TP 2: 108.955 area (Pending clear break and DXY attitude) main key is the DXY and its predicted decline.
Target 1 145.00 weekly support target 2: 134.900
1) Technical: -Price @ 150 has been tested multiple times. -Possible Right shoulder formation. -Look to short at the peak. Target: $147.50 Physiological: $145.00 2) Fundamental: This week we have manufacturing PMI on Thursday 3/1. The Forecast is 55.1 (down) from 55.3. If the number clocks in lower we will have a push lower. However, If we clock in over 55.3...
One of our favorite pairs. This Pair spits out pips at a rapid pace. The trick to this pair is patience. This pair rewards the patient. So what do we have this week? Outlook: -Price @ 150 has been tested multiple times. -Possible Right shoulder formation. -Then look to short at the peak. 147.50 is target 145.00 Psychological Fundamental: -We have...
November 5th-10th outlook: Where can this go after last weeks Rate hike 25%? Looking at past technicals on the Line chart. There shows to be many Head & Shoulder formations (dating back to 12/16) Possible Outlook: 1. Price remains under the 150 handle. Seems to be major resistance. 2.The week after NFP/Rate Hike seems to be choppy. So ill wait till midweek. 3....