Playing off the dollar weakness, this is another of my favorite pairs to trade. I already have a swing short from higher prices, but like oil I'm not adverse to adding shorts to any rally to my targets lower.
I do see the dollar spiking up very sharply in the near future. This pair could be very profitable as it moves quick and attracted to my targets.
lets see how it goes.
I do see the dollar spiking up very sharply in the near future. This pair could be very profitable as it moves quick and attracted to my targets.
lets see how it goes.
Trade active
when the trend is strong enough the idea stands even if i get stopped out on the first attempt. I either get stopped at BE or for a small amount when youre looking at catch a swing trade. This position was stopped out by the spike in DXY before going lower.I shorted the spike with a heavier position that now is in profit with my stop loss at BE.
lets see how it goes
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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.