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DXY trade ideas

DXY Trading JournalDXY Trading Journal Jan29 Gross price action yesterday. The whip saw back and forth taught me that MM are gathering up orders and a large move could be, on the way. Red folder impact presented a very weak move. Shut my computer after being exhausted waiting for a set up. Great day to learn WHEN TO TAKE THE DAY OFF. Today USD has 3 red folder. I will see what Asia shows and potentially watch from a far London. With Price hugging .618 level it would seem likely for it to want to come up into the noted Hourly FVG. Be nimble and only read what the charts shows me for direction of what inefficiency and liquidity it wants to take.
TVC:DXY
by LeanLena
DXY 4H Timeframe AnalysisDXY 4H Timeframe Analysis Trend Analysis On the 4-hour timeframe, the DXY (U.S. Dollar Index) is in a short-term downtrend. The price has been creating new lower highs and lower lows until it broke through the major key support at 107.400, a significant level due to at least five tops formed below it. After the breakout, sellers gained momentum, accumulating a large volume of sell orders. However, sellers started losing strength as the price reversed, hunting stop-loss levels above the major key support. The price then rebounded above 107.400, forming a liquidity trap and signaling potential manipulation to accumulate more orders. Price Action Expectation Our objective is to wait for liquidity to form within the current liquidity zone. Once this occurs, we will look for the price to break below the major key level at 107.400 again. A confirmed close below this level on the 4-hour timeframe will indicate that sellers have regained control, signaling a continuation of the downtrend. The next target is 105.500, where the next minor key support lies. This level is critical as it represents the next significant area where the price could find buying interest. Trade Setup: Trade Type: Sell Stop Entry: 107.090 (after price breaks below 107.400, signaling trend continuation) Stop Loss: 107.830 (above the liquidity zone, protecting against false breakouts) Take Profit: 105.500 (targeting the next minor key support level) This setup capitalizes on the expected continuation of the downtrend, leveraging the liquidity zone to confirm selling pressure. A proper risk-to-reward ratio enhances the trade's potential profitability. Fundamental Outlook: The DXY (U.S. Dollar Index) can indirectly affect the performance of companies like NVIDIA. A stronger U.S. dollar (when DXY is rising) can hurt U.S. exporters, including tech companies like NVIDIA, because their products become more expensive for foreign buyers. This can lead to a decline in revenue from international markets, especially since NVIDIA has a significant portion of its revenue coming from abroad. In January 2025, NVIDIA's stock (NVDA) experienced significant volatility, culminating in a substantial decline on January 27. The stock closed at $118.42, marking a 16.9% drop from the previous close. This decline was primarily driven by the emergence of DeepSeek, a Chinese AI startup that introduced a cost-effective AI model, raising concerns about reduced demand for NVIDIA's products. The combination of a stronger U.S. dollar (higher DXY) and competition from AI startups like DeepSeek could have compounded the downward pressure on NVIDIA's stock price. Both DXY movements and external competition are crucial factors to monitor for investors in stocks like NVIDIA, as they can significantly impact performance and valuation. Risk Management: Risk-to-Reward Ratio: Maintain at least 1:2 to optimize returns. Position Sizing: Adjust lot size according to account equity and risk tolerance. False Breakout Caution: Be mindful of potential false breakouts. Reassess stop-loss placement if the price fails to hold below 107.400. Conclusion: The DXY setup targets a continuation of the downtrend after liquidity is formed within the current zone. The breakout and retest of 107.400 confirm significant selling pressure. By waiting for further liquidity formation and a confirmed close below this level, the trade maximizes the likelihood of a profitable outcome. The liquidity zone suggests a high probability for sellers to regain control and drive the price toward the next minor key support at 105.500. Disclaimer: Trading involves substantial risks. Always consult a financial advisor before making trading decisions.
CAPITALCOM:DXYShort
by RebornFXTrader
Head and Shoulders pattern on the 4-H, for DXY US Dollar IndexTVC:DXY This chart shows a clear Head and Shoulders pattern on the 4-hour time frame for DXY (US Dollar Index), which is a bearish reversal pattern. Here's a short analysis: Key Levels: The neckline is at approximately 108.000, acting as a crucial support zone. A breakdown below the neckline would signal further bearish momentum. Pattern Confirmation: Wait for a breakout below the neckline, followed by a possible retest, to confirm the pattern. Bearish Target: The measured move from the head to the neckline can be projected downward, aligning with the next key support levels around 107.000–106.500. Invalidation Zone: If price breaks above the right shoulder high (around 108.800–109.000), the bearish scenario could be invalidated. Would you like to explore specific trade setups based on this pattern? Here’s how you can structure trade setups based on the Head and Shoulders pattern visible in the chart: 1. Bearish Setup (Breakout Strategy) Entry: Enter a short position after a confirmed breakout below the neckline (108.000). Wait for a strong bearish candle close below this level. Stop Loss: Place the stop loss above the right shoulder high at 108.800–109.000, depending on your risk tolerance. Take Profit Targets: 1st target: 107.500 (psychological level and near-term support). 2nd target: 107.000 (projected move based on pattern). 3rd target: 106.500 (long-term support zone).
TVC:DXYShort
by TRADE_CENTER_1
DXY Trading Journal DXY Trading Journal Weekly Analysis Price is delivering to a premium on the HTF M, W. Price kissed the HFT .70 level last week, which is also the 75% quarter mark of the M SIBI from 2002. Must be random....lol Price continued this week to seek lower prices rebalancing inefficient delivered price and take out the clean equal lows. Finishing in a discount wicking to the .618. Fridays candle body stoped on the CE of the W BISI. Could be break of structure on HTF, or price following algorithmic price theory weaving between premium to discount. With Price delivering to a discount on the daily range and potential of a institutional quarterly shift, Im going to be patient to read if price is going to bounce up off that .618 or start trending to a bear market.
TVC:DXY
by LeanLena