DXY Trading Journal Feb 12DXY Trading Journal
Feb 12
HTF price is rebalancing a weekly SIBI and a daily SIBI.
Monday Price continues to deliver in a premium, and first seeks lower prices to rebalancing the volume gap. Note how it worked the upper portion of the imbalance indicating that it is a bearish. Prices closes in the lower half of the FVG.
Note how for the daily range is so heavy it can not even make it to 50 level.
Note how price created equal highs.
Note how Price did a raid on buys stops on late Monday to set up seeking lowers prices Tuesday.
Price opens Tuesday heavy seeks to rebalance the volume imbalance and seeks the sell stops target. Classic take liquidity and lower.
Today Price is opening in a Premium on previous days range and current range. I suspect that Price will seek to complete rebalancing the Volume gap it is in right now. Potentially could come as low as the .79 level watch for reactions.
USDX trade ideas
DXY Possible ideaDXY has been bullish for quite some time now. From what we can see, it has been breaking highs with momentum. It has recently retraced back just above an unmitigated demand zone, where lots of liquidity is currently hovering above. It could use this liquidity to fuel its move to the upside after it mitigates this demand area, breaking the latest weak high that awaits a liquidity run.
Daily CLS, Order Block Midpoint, Model 1Daily CLS, Order Block Midpoint, Model 1.
At the moment price action is still bullish. I would like to see a reaction on the levels below. If we lose these levels then HTF reversal is in play.
Don't hesitate to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
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DXY 4hBearish reaction from -OB , we find support in a local OB so we should see that SIBI taken as a iFVG and print Higher to the $$$/ 50% of this local -OB after that i want to see it push harder till we go to the +OB 50% now that is a good entry point for Longs atm i m looking for Scalp Shorts from mentioned resistance area and a runner till +OB
#DXY 1DAYDXY (1D Timeframe) Analysis
Market Structure:
The price has broken below the uptrend support, signaling a potential shift from bullish to bearish momentum. This breakdown indicates that buyers were unable to sustain the upward trend, leading to increased selling pressure. Additionally, a sell engulfing candlestick has formed, further confirming bearish sentiment.
Forecast:
A sell opportunity is expected as the breakdown of uptrend support and the sell engulfing pattern suggest further downside movement.
Key Levels to Watch:
- Entry Zone: After a confirmed breakdown and possible retest of the broken support as resistance.
- Risk Management:
- Stop Loss: Placed above the broken support or recent swing high.
- Take Profit: Target lower support zones for potential downside movement.
Market Sentiment:
The combination of the uptrend support breakdown and a sell engulfing pattern indicates that bearish momentum is increasing. Waiting for confirmation of continued selling pressure will help align with the prevailing market trend.
USD: Rates, tariffs and energy all helpThe DXY dollar index is staying relatively bid above 108.00 as markets remain gripped by the tariff threat. 'Reciprocal' tariffs could be due any day and the market remains uncertain whether these would apply only to certain key sectors, such as autos, pharma or semiconductors – or more broadly. US President Donald Trump is supposedly set to sign another batch of executive orders today at 1600CET, so let's see.
Also helping the dollar have been energy prices. The Rest of the World views purchases of US LNG as a key balm to soothe impending tariffs. This week it is Indian energy importers ready to sign new LNG deals ahead of PM Narendra Modi's visit to Washington. This comes at a time when natural gas prices are rising as Europe deals with a cold snap and declining Russian gas imports. Higher gas prices and more geopolitical deals to purchase US LNG are dollar-positive.
It is a quiet day on the US data calendar, where US small business optimism should largely hold onto the surge seen after last November's election result. In focus, however, will be Federal Reserve Chair Jerome Powell's semi-annual monetary policy testimony to the Senate at 1600CET. We doubt he needs to sound any more dovish at the moment and we see his speech as a neutral/positive event risk for the dollar.
DXY could nudge up towards the 109.00 area if Trump announces broader reciprocal tariffs today.
Dollar index prediction.A. If You’re Looking to Go Long (Buy):
Entry Point 1: Wait for a breakout above 108.064. Look for a candle closing above this resistance with strong volume to confirm the breakout.
Entry Point 2: If the price pulls back to 107.700 (support level) and shows bullish reversal signals (like a hammer candle or bullish engulfing pattern), consider entering a buy position.
Stop-Loss: Place a stop-loss slightly below 107.700 to protect against a false breakout or a larger downtrend.
Take-Profit: Target the upper resistance level near 108.800.
B. If You’re Looking to Go Short (Sell):
Entry Point 1: If the price gets rejected at 108.064 and shows bearish signals (e.g., shooting star, bearish engulfing), consider entering a short position.
Entry Point 2: If the price breaks below 107.700 and retests this level from below, it confirms a potential downtrend.
Stop-Loss: Place a stop-loss just above 108.064 or above the retest candle.
Take-Profit: Target the lower trendline near 107.200.
Levels discussed on Livestream 10th Feb 202510th Feb 2025
DXY: Could trade down to 108 (or consolidate here) before climbing higher to 108.90 or 109 (61.8%).
NZDUSD: Sell 0.5620 SL 20 TP 70 (hesitation at 0.5580)
AUDUSD: In abit of a range, look for test and reaction at 0.6363 resistance level.
GBPUSD: Sell 1.2350 SL 30 TP 85 (watch the trendline)
EURUSD: Sell 1.0290 SL 25 TP 65
USDJPY: Buy 152.40 SL 40 TP 80
EURJPY: Sell 156.25 SL 40 TP 80
GBPJPY: Buy 189.70 SL 60 TP 200
USDCHF: Do nothing, middle of S/R
USDCAD: Buy 1.44 SL 30 TP 60
XAUUSD: Retracing now, needs to stay above 2870, could trade up to 2910
DXY ShortTrump’s Tariff War: A Threat to the US Dollar? 🇺🇸📉
Donald Trump’s latest tariff threats are sending ripples through the forex markets, and history suggests they could weigh heavily on the US Dollar. 💰⬇️
🔻 Why?
1️⃣ Trade Wars = Economic Uncertainty 🤯
Markets hate uncertainty. Tariffs disrupt global trade, slow down economic growth, and make investors rethink holding USD.
2️⃣ Risk-Off Shift = Less Demand for USD 📉
A trade war can weaken business confidence, pushing investors towards other safe-haven assets like gold or the Japanese Yen (JPY) instead of the dollar.
3️⃣ Inflation Pressure & Rate Cut Risks 🔥🏦
Higher import costs due to tariffs can drive up inflation. If inflation rises too fast, the Federal Reserve might need to step in with rate cuts, making USD even less attractive.
🔍 What to Watch?
If Trump pushes forward with aggressive tariffs, expect USD weakness—especially against currencies like EUR, JPY, and CHF as investors shift to alternative safe havens.
Will history repeat itself? Or will the dollar defy expectations? Keep an eye on market reactions! 👀📊 #Forex #USD #Tariffs
DXY - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on the DXY (Dollar Index) with you.
Based on the chart, I expect DXY to move upward and reach the range of 110.668 to 110.877.
However, if DXY breaks below the 107.500 level in the 1-hour timeframe, I expect it to move downward toward 106.731.
📉 Expectation:
Bullish Scenario: Upward move to 110.668–110.877.
Bearish Scenario: A break below 107.500, targeting 106.731.
💡 Key Levels to Watch:
Resistance: 110.668, 110.877
Support: 107.500, 106.731
💬 What’s your outlook on DXY this week? Let me know your thoughts in the comments!
Trade safe
DXY (Dollar Index)After breaking out of a rising wedge price failed to break lower. The 107.48 area is acting as a strong support together with a Bullish Order Block at 107.200
Once price breaks past the 109.380 level I'm anticipating a return/retest on that level for a re entry opportunity. More updates to follow