DXY: just playing around
Updated
Hi Guys,
a weaker DXY is what Donald Trump needs for implementing his policies.
He had it weak for 2 years and it come back in 2018 half way.
Here is a work I am following which follows this narrative.
It made C right at at US Mid Term Elections. Right when Morgan Stanley called it a top on the 16th Nov.
X to C corrected 50% of the move that DXY made after Trump was elected.
Too perfect to be real. And this is why I don't trust it.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
a weaker DXY is what Donald Trump needs for implementing his policies.
He had it weak for 2 years and it come back in 2018 half way.
Here is a work I am following which follows this narrative.
It made C right at at US Mid Term Elections. Right when Morgan Stanley called it a top on the 16th Nov.
X to C corrected 50% of the move that DXY made after Trump was elected.
Too perfect to be real. And this is why I don't trust it.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Note
And what happen when the dollar weakens? Safe heaven like GOLD and JPY benefit from it...and why not, maybe BITCOIN too. LolNote
Enjoyyoutube.com/watch?v=jUe8uoKdHao
Note
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