U.S. Dollar IndexUpdated Closed all Bullish DXY Positions. DXY Broke Support on LTFs
dxy broke key support levels on the low timeframes so i closed all bullish dxy positions. Long EU for now because if 97.20 - 97.10 doesn't hold this thing could fall for awhile
Something you need to take into consideration when looking at the charts I post is how I trade. I follow the DXY and basket pairs specifically. So lets say I have a bearish outlook on DXY. I will look through ALL of the basket pairs and post short setups I see on said charts(charts would be long if it a xxx/usd pair). If for whatever reason I'm wrong and DXY is bullish ALL of those short setups are invalid. Hence the reason I usually only trade EURUSD in my live account, my followers would know this but I have been getting alot of shit in the chats lately so I needed to clear that up. Message me if you have any questions on any charts
Something you need to take into consideration when looking at the charts I post is how I trade. I follow the DXY and basket pairs specifically. So lets say I have a bearish outlook on DXY. I will look through ALL of the basket pairs and post short setups I see on said charts(charts would be long if it a xxx/usd pair). If for whatever reason I'm wrong and DXY is bullish ALL of those short setups are invalid. Hence the reason I usually only trade EURUSD in my live account, my followers would know this but I have been getting alot of shit in the chats lately so I needed to clear that up. Message me if you have any questions on any charts
Note
looking for 96.6Note
broke and holding below 97.1 plus UsdJpy is setting up for a short so watch for that idea
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.