DXY Potential UpsidesHey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 107.800 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 107.800 support and resistance area. Trade safe, Joe.Longby JoeChampion118
Watch out for DXYI put a DXY bias early on yesterday, check those liquidity right in NWOG. It might be a quick grab on liq and go straight up like my old post, or just straight down. If not just follow the old bias. peaceLongby ictconceptsvietnam1
10 Tips to Succeed in Forex Trading in 2025"Did you know the global forex trading market processes over $6 trillion in daily transactions?" With such immense liquidity, forex trading remains one of the most appealing avenues for traders worldwide. However, success in forex trading isn't about luck—it’s about mastering strategies, staying disciplined, and preparing for market challenges. Whether you're an experienced trader or just starting, these 10 tips will help you navigate the fast-paced forex market in 2025. 1. Develop a Comprehensive Trading Plan Trading forex without a plan is like setting out on a road trip with no map. Before executing your first trade, make sure your plan includes: Clearly Defined Setup: Understand what criteria signal your entry. Entry, Exit, and Management Rules: Set clear guidelines for every stage of the trade. Consistency: Stick to one or two strategies, and refine them through repetition. A solid plan is your foundation for consistency and growth. 2. Harness the Power of Journaling Journaling is one of the most underrated tools in trading. By keeping detailed records, you can: Track Progress: Pinpoint what works and what doesn’t. Analyze Mistakes: Avoid repeating past errors. Understand Emotional Patterns: Identify how emotions like fear or greed influence decisions. Foster Discipline: Create a routine that encourages consistency. Reflection on your past trades is an essential step toward improvement. 3. Prioritize Risk Management Successful traders prioritize protecting their capital. To manage risk effectively: Limit risk per trade to 1–2% of your account balance. Set stop-loss orders to safeguard against unexpected market movements. Calculate lot sizes carefully to avoid overexposure. Risk management isn’t optional—it’s essential for longevity in trading. 4. Make Backtesting a Habit Backtesting allows you to apply your strategies to historical data and assess their effectiveness. It helps you: Validate Strategies: Confirm they perform well under various market conditions. Spot Weaknesses: Address flaws before putting real money at risk. Build Confidence: See proof that your approach works. Consistent backtesting transforms theory into actionable insights. 5. Commit to Continuous Learning Forex trading is an evolving journey. Staying informed ensures you stay ahead. Focus on: Market Operators: Understand key participants and their impact. Critical Levels: Learn the interplay between high-timeframe and low-timeframe price action. Mastering Strategies: Choose a few models and refine them over time. By deepening your understanding, you’ll adapt to changes with confidence. 6. Keep Emotions in Check Trading success often hinges on emotional control. To manage your mindset: Avoid revenge trading after a loss. Refrain from over-leveraging trades out of greed. Take breaks to maintain mental clarity. Reflecting on emotional patterns through journaling helps you stay disciplined. 7. Diversify Your Portfolio Avoid putting all your eggs in one basket. Diversification helps reduce risk and stabilize returns. Consider: Trading major pairs with high liquidity (e.g., EUR/USD). Exploring cross pairs for alternative opportunities. Balancing manual and automated trading methods. A well-rounded portfolio is better equipped to handle market fluctuations. 8. Leverage Advanced Tools Technology can streamline your trading process. Use advanced tools to: Automate trades with predefined criteria. Analyze trends with precision. Backtest strategies to refine them. The right tools free up your time and enhance your efficiency. 9. Practice Patience and Consistency Forex trading isn’t a get-rich-quick scheme. Sustainable success requires: Setting realistic, incremental goals. Reviewing and refining strategies regularly. Celebrating small milestones to stay motivated. Patience and consistency are the keys to long-term growth. Conclusion The forex market in 2025 offers immense opportunities for traders who are prepared. By following these tips, staying informed, and committing to consistent improvement, you can enhance your skills and position yourself for success. Remember, success doesn’t come overnight—it’s built through disciplined efforts and continuous learning. Stay focused, trade wisely, and make this your trading year yet! Dave FX HunterEducationby Dave-Hunter6
BTCUSD DXY / Powerfull Negative Correlation / Finding ConfluenceConfluence is the word of the day. This example is a difficult one especially on the lower time frames because BTC trades 24/7 whilst DXY does not, it closes with the stock market. Thus there are gaps which you are not going to visibly see on this chart. What I have marked for you though, color coded, each movement where BITCOIN moved against DXY. Thus it is anticipated when DXY goes down, BTC will move upward. The percentage depends on the market conditions and cannot be predicted. The relationship then between DXY which is the market index that measures the value of the US dollar against all other world currencies creates a domino effect through the risk markets whenever DXY hits a support or resistance region of the map. In this regard, spending time marking your chart on BTC is going to be an utter waste of time since DXY needs to be marked first and alerts set therein. Otherwise my friends you will be chasing your tail in many trades. BTC will hit a support level when DXY does not hit a strong resistance. DXY hitting a powerful resistance at the same time that BTC is hitting a support level would give some confluence. Example now is on the chart where multiple examples are presented where DXY hit a major resistance or support level and thus the following BTC movement was the opposite to the exact level. I would mark DXY first, and then mark JPYUSD, and then mark your stock market indexes. I cannot go into great detail at this time but what you will discover after a little bit of study is that markets move against each other or quite a lot with each other however it is the against movements where trades become interesting. I am not a financial advisor, be safe my friends.Longby fritbjorn1
DXY Presidential Cycle Dec 2024As everyone is longing the Dollar, worth rehashing it is not so kingly under Republicansby Neon3318
what's ideal after christmas ? DXYI thought I put some bias at the beginning of the week but no, Merry Christmas everyone, The grace of thy Trinity save us all. I expect to trade in next year not this week, but if possible i'd follow this plan.Longby ictconceptsvietnam4
correctionIt is expected that the correction trend will form up to the specified support levels, then there will be a possibility of a trend change. If the index crosses the 78.6% level, the continuation of the downward trend will be likelyShortby STPFOREX115
DXY Happy New Year Analysis Hey guys, this will be my last analysis for the year. I hope you all get some rest and reflection. The markets aren't that great during this period, so don't put yourself at a disadvantage. Go spend time with your family and friends, go have fun, go get ready to dominate the coming year. Merry Xmas and a happy new year! - R2F Trading12:26by Road_2_Funded3
Bullish DXY. 121 is the short term targetThe dollar index is finishing the year with a strong rally. I expect that rally to continue well into the new year. Any short term retracement will be met with more buying activity. Using smart money concepts, we'll look for orderblock, turtle soups, etc. to align ourselves with the market trend.Longby realmarketmoves7
The Best Phase of the Trend: The Expansion PhaseBeing a successful trader requires the ability to identify the phase of the trend with the highest probability of success. The best opportunities arise during the expansion phase, where the prevailing trend resumes, pushing the market to new highs or lows. This phase is characterized by swift, decisive market moves with minimal pullbacks, aligning strongly with the overall trend. My Trading Steps: 1. Define the Primary Trend on the Daily Identify the dominant trend (uptrend or downtrend) to establish the broader market context. 2. Look for a Countertrend on H4/H1 Spot corrections or pullbacks against the primary trend, signaling potential setups. 3. Find a Trigger Candle Watch for a Marubozu-like candle at the zone of the countertrend line break or the last clean, untested breakdown. 4. Exit Rules Exit the position if the price closes below the trigger line. 5. Take Profits Target key Fibonacci levels and significant support/resistance zones. a countertrend on H4/H1 This is an 80% Setup: Targeting Fibo 138.2 The strategy has an 80% success rate when the target is set to the Fibonacci 138.2 level, calculated from the closing prices of the correction. This precise targeting aligns with the expansion phase of the trend, ensuring high-probability entries and exits while maximizing potential profits. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼♂️ Your comments and support are appreciated! 👊🏼 Educationby TheMarketFlow0
Here’s an analysis of the DXY on the 1-hour chart, Here’s an analysis of the DXY on the 1-hour chart, with your updated target of 107.100: Current Analysis Trend Overview: The dollar index (DXY) is in a clear downtrend on the 1-hour chart, forming lower highs and lower lows. Momentum indicators like RSI are likely staying below 50, reinforcing bearish sentiment. Key Resistance Zone (108.100): This is the potential sell zone, where the price may face rejection. Look for a bearish candlestick pattern at or near this level (e.g., shooting star, evening star, bearish engulfing) to confirm the entry. Support Zones on the Path to 107.100: Intermediate Support 107.500: DXY might consolidate or bounce slightly here, as it's a possible reaction point. Final Target 107.100: This aligns with a major support level from prior price action or Fibonacci retracement zones. Indicators to Watch RSI: If RSI is below 40, it confirms strong bearish momentum. Any divergence (e.g., higher low on RSI while price makes a lower low) near 107.500 or 107.100 could signal weakening downside momentum. MACD: Look for a bearish crossover (MACD line crossing below the signal line) as confirmation to enter or hold the trade. Volume: A spike in volume near resistance (108.100) supports rejection. Similarly, decreasing volume near the target (107.100) could indicate trend exhaustion. Trade Setup for 1-Hour Chart Sell Entry: Around 108.100 (resistance zone). Take Profit (Target): 107.100. Stop Loss: Around 108.300, slightly above resistance, to account for volatility. TVC:DXY Shortby TRADE_CENTER_19
DXY SELL BIASUs dollar index (DXY) is clearly seen forming a downtrend with a head And shoulder pattern, so I anticipate price to go short Shortby Silveryekerete8
DXY Trading JournalDXY Trading Journal Dec 24 Price is delivering in a Premium. I suspect that Price will seek the 50% level and rebalance the 15FVG. Price should react at that level and rally seeking higher prices. Potentially rebalancing the higher FVG for the high? by LParnell0
DXY head and shoulders pattern formation The Head and Shoulders pattern is a popular and reliable chart pattern used in technical analysis to predict potential reversals in market trends. It consists of three peaks: the middle peak (the "head") being higher than the other two peaks (the "shoulders"). Key Elements of the Head and Shoulders Pattern: Left Shoulder: Price rises to a peak and then declines. This peak forms the first shoulder. Head: Price rises again to form a higher peak and then falls. This peak is the head and is the highest point of the pattern. Right Shoulder: Price rises again, but this time to a lower peak (similar to the left shoulder) and then declines. This peak forms the second shoulder. Neckline: A trendline drawn between the low points of the left shoulder and the right shoulder. Acts as a key level of support or resistance.Shortby ksivanathan10
Trading Analysis for DXY (1-Hour Time Frame) I am currently monitoring the market for a sell entry based on my analysis of the 1-hour chart. Entry Point: Around 108.100 Target Price: 107.100 Potential Move: 100 pips downward TVC:DXY Shortby TRADE_CENTER_13
Quick Analysis Just before Christmas Hey there, So, I though of doing a quick market review just before Christmas, hoping to bring some extra insight into whats happening in the markets this week. Also note that this is but just my opinion and my view of the markets, it should in no way be used or interpreted as advice or signals, but rather as a reference and a soundboard. Furthermore, I wish you all a happy, blessed and merry Christmas and a successful and profitable new year. 09:32by DeanMuller1
posibility of uptrendIt is expected that after a pullback to the support level and consolidation above this level, the upward trend will continue. With the support level broken, the corrective trend will continueLongby STPFOREX3
DXY "Dollar Index market" Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the DXY "Dollar Index" market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a bull trade at any point, however I advise placing Multiple Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low & high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low level. Goal 🎯: 109.500 Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂Longby Thief_TraderUpdated 223
A Merry Christmas To All! I wanted to post a short message here as I have no pairs on watch for today going into the Christmas period this week. A HUGE thank you to all of my followers who have supported me through 2024, all of the boosts and comments you guys have made are really appreciated. I look forward to seeing you all back here for a massive 2025, full of momentum and speed to make next year YOUR year. Have a great time with family and friends over this next week or so, make sure you have your plan of action in place to hit the ground running come January the 1st! by JordanWillson443
USD IndexDXY - U.S Dollar Index Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an corrective pattern in Short Time Frame Resistance with Strong Bearish Price Actionby ForexDetective4
DXY Weekly analysis 24-Aug-2024Dxy is in the ascending channel in the monthly time frame Also, at the moment, it is almost close to the bottom of the channel As various indicators show oversold, I expect the price to bounce back from the area shown on the chart. Otherwise, with the channel floor breaking, I expect the price to drop to the specified range But even if the price continues to decline, we should see a pullback in this area *Be profitable Thank you for expressing your opinion with likes and commentsLongby Avril_ForexUpdated 558
Has the turning point of the index arrived?The place we have been waiting for a long time has now arrived. According to the known area, I expect the index to rotate in the long term.by Mahdi_norozi2
DXY TRADE SETUP INDEX : DXY ✔ Classic BULLISH formation DXY is holding continuous UP Trend so after market retracement I can take BUY entry . If your analysis matches it take a trade otherwise skip the trade. "💖 Show your love by liking & leaving a comment! Your support means the world to us! 💖"Shortby Forex_bank_Liquidity2