Chott

Chott

It have a very big possibility of forming head and shoulder, once it broke the neck line, there will be a big fall in this. Keep in mind dxy have been very tricky in this few weeks, so I do recommend do not take the trade before the neck line is break (remmber with comfirmation candle close below neck line). Please alwasys set ur SL :) enjoy traders !

Chott

It seem like it is breaking the trendline and big fall is coming, but be aware it might be a false breakout. So after the comfirmation candle form, it is very clear which way the trend will go. *I dont trade dxy, I just use it as a indicator for other currency pairs (mainly for USD GBP and Gold)

Chott Updated 

A very beautiful "W" form and it break throught the resistence level. It only break through the resistence level at 1H chart and comfirmation candle form, but the comformation candle on 4H chart is not yet form, will see how it goes.

Chott Updated 

I'm shorting this for fast cash, overall I still think metal is in bull trend as dxy is so dead right now. I still holding some buy position and will go in for short if it pull back from my resistence level, or continue to add more position to long if it break the resistence.

Chott Updated 

Nothing complicated analysis here, only simple price action. Very low risk trade so it doesn't matter even if we are wrong, let's see where it goes :)

Chott Updated 

Was on negative almost a thousand when I go to bed last night, but I trust myslef and decided to hold that position a little longer( and luckily it did not hit my stop loss ) The best thing for trading is I woke up late today and rush to my pc open my trading platfrom and I see massive profit for all the position I'm holding. sorry not any trading ideas here but...

Chott

DXY break the resistence and very likely push up to another resistence at around 94(in my dxy chart idea) Silver most likely to break down, 22.95 is my tp1 and tp2 21.9

Chott Updated 

This is the dxy chart that I want to show with my previous XAGUSD long position, if you are watching this please do scan throught my xagusd long idea too. In my chart dxy yet to break the resistence and seem like it is forming the reversal pattern. This is still very risky trade as the comfirmation candle is yet to form. If you are defensive trader I would...

Chott

DXY fail to break resistence at around 93.70 and XAG fail to break the the support zone. but the reversal pattern is yet to form , so I'm taking a small position with a tight risk/reward. if it take too long to hit the tp, I might consider closing the trade manually.

Chott Updated 

three attempt on the resistence but did not break through, and it break the trend line downward with a very strong red bar. I still believe the macro of silver is bullish but this is a very good entry point so I wouldn't want to miss this chance. with the proper risk reward >2, I'm doing it with a very large position.

Chott Updated 

not sure if I do it right, this is my first attempt.