Best trading scenarios for DXY -- final trading day of July '22
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Here's 4 trading scenarios for the USD heading into Friday, July 28th, 2022.
The markets will more than likely see some fast and aggressive movement today as traders continue to digest the recent fed announcements, as well as prepare for the release of more information today that can also shake the markets even more.
Plus, its a monthly candle close..
Its important to be very considerate of the risk you take in high-volatility scenarios (potentially) like we have today. Sometimes I'll encourage clients and students to reduce their risk for the day..
Good luck, and happy trading!
Here's 4 trading scenarios for the USD heading into Friday, July 28th, 2022.
The markets will more than likely see some fast and aggressive movement today as traders continue to digest the recent fed announcements, as well as prepare for the release of more information today that can also shake the markets even more.
Plus, its a monthly candle close..
Its important to be very considerate of the risk you take in high-volatility scenarios (potentially) like we have today. Sometimes I'll encourage clients and students to reduce their risk for the day..
Good luck, and happy trading!
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