The only certainty in trading
Trading is a game of probabilities.
There are no certainties in this business....but
I am pretty sure as long as DX stays within 91-88 bracket, there won't be major moves in USD correlated markets. We need to see a breakout
which leads me to the only certainty in trading-WE NEED BREAKOUTS TO HAVE TRENDS
DX is below daily and weekly 200SMAs so we favour a move down, but need to sit on our hands for now and watch from the sidelines.
There are no certainties in this business....but
I am pretty sure as long as DX stays within 91-88 bracket, there won't be major moves in USD correlated markets. We need to see a breakout
which leads me to the only certainty in trading-WE NEED BREAKOUTS TO HAVE TRENDS
DX is below daily and weekly 200SMAs so we favour a move down, but need to sit on our hands for now and watch from the sidelines.
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