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What should we do next with USDxHello Trader around the world, how about your last friday, did you trade? Last friday I've trade the USDCAD and AUDUSD currency For AUDUSD I Long and lost already But USDCAD still at the big resistance and I have short already and put a stop loss at 500pip I really want Monday to come fast as I can Today I want to sharing all of you learn about How the currency connect Sometime maybe someone Long and Short position in the same time with same currency It was no good Long EURUSD and also Long USDCAD is wrong But Long EURUSD and Short USDCAD is great Cause if we look at USDx or Dollar index And try to compare with any currency you will see something connect First you shoud know that USDx will move same with USDXXX currency and XXXUSD will move converse in the same time Example Now USDx move up USDCAD should move upward EURUSD should move downward For now about USDx you will see a price have break already so if the price will continue to move up Price should comback and rest at the old Resistance or new support If you see a price move downward to support Is mean that USDx move downward Is mean that USDXXX move downward too Is mean that XXXUSD will move up Did you get it? I hope that the things that I have learned around 3 years can help you and you will be a great trader if you can Trade is a lot of things you have to learn And we always have to update a strategy Is didn't mean you know something and you will rich from it You have learn a lot of things and use it at the right time, timing is so important Just it, that's all for today About how there r connect Sorry for my bad English Hope this week you will get a lot of money Goodluck
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by TeamothyTrade