DOW JONES setting for down move?Hi traders
watch for sell setups from roof to sell
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USDOLLAR trade ideas
USD Index Pre/Post ElectionUSA Election coming to a close but take caution as volatility can still occur.
Here we are looking "left" to see what has happened in the past elections.
Uncertainty = volatile market
Certainty = trending market
Pre elections we have seen USD weakness and right after we see USD strength in the remaining year months. With USD technicals in the buy zone and a retrace that has not yet occured from a trendline break we should see USD strength as well after the election.
But as always, remember risk management when trading USD pairs into the election. I'd personally advise staying out and looking at other pairs until the election is officially over.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Will US Dollar go higher and is this the breaking point?I am not trading the US Dollar index, Im just analyzing him for US pairs. His movement I use like a conformation for the direction of movements of US pairs.
In this case, I can see (clearly) a signs of US Dollar resurection. This can be the breaking week and US Dollar can gain strenght this week. Will be looking closely these days.
Change in the game, US dollar is not showing any strenghtDescription on drawing. COS on weekly/daily. US dollar is still vunerable.
Weekly Forecast Dow Jones DollarHi guys here is my analysis of the Dow Jones that I use as a base when looking at my FX pairs.
When taking a Fibonacci Retracement from the huge downside leg, price has not came to the 38.2% yet, which lines up with the long term trendline
When taking the smaller Fib Retracement, there is STRUCTURE around the 61.8% level. I could see the Dollar moving down towards this level before moving higher. If price breaks this 61% Fib level, I could see price move further down to the form the double bottom
Rise of US DollarIf we have a possitive (bullish) daily conformation on monday, we will have a conformation for strong USD move.
DOW JONES running flag?Hi traders
if you looking to buy wait for breakout or aggressive up wave then correction to buy. but if the price can move slowly down but look for good price action to buy
thanks for support
Long USDOLLARHello trades this is a 1:3 RR Trade , if you like my content please hit that like button and support me with a donation .
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Long USDOLLARHello trades, this is a 1:3 RR trade with confirmation .
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Have a great trading journey :D
Long USDOLLARHello trades , this is a high probably 1:5 RR trade in USDOLLAR as i said wait for double bottom creation and go :D
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US Dollar Index Retracement The US Dollar Index has created a new high, will be waiting for bearish price action to signal a potential retracement for buys.
DJUSDOLLAR - Strength in fragile market.After long base building accumulation phase, US Dollar finally showing it's horns.
USDOLLAR / DXY : Trapped sellersShorts are trapped in a uptrend in USDOLLAR/DXY. They would have a desire to exit when price comes back to them
USDOLLAR : Go long against trapped sellersThere are a bunch of trapped sellers below previous month low and current month low - who would love to exit when price comes back to them - giving us a long entry.
Look to trade each zone with a 2R risk:reward ratio.
