DX1! trade ideas
USD still bullishThe USD index turned bullish last month, retraced and appears to be ripe to rip.
Over the early part of this week, the USD index formed a piercing pattern just after it broke down the 55EMA (orange line). A gap up followed today’s opening, and if this follows through, then bullishness of the USD is firm.
Consequence to the USD upside includes a weaker S&P500, crude and precious metals.
U.S. DOLLAR INDEX FUTUREShello traders you can sell now and your eyes are closed
do not miss it guys and good luck for everyone...
USD Long term attitudeUSA in long term move toward weaker currency.
Probably because of export position in world and fight back China.
In mid term probably trump empower export position in next presidential for 4 year.
DAILY ANALYSIS OF u.s dollard index futures Hi friends
the daily chart of this market shows that it will experience with a high probability a downtrend in the coming days but also you must be vigilant of the change from the direction to the opposite
please subscribe to receive more analysis
U.S. DOLLAR INDEX FUTUREShello trader
as you can see the wave c has finished and touched 100 extension and there is divergence
wait for the broken of line that i draw and you can sell it
do not forget to follow us unitl you will not miss anything and for more charts
have a great week guys....
DXY long potentialBroken downtrend/bullish pattern, broke through resistance turned support. Retested R/S flip and back into longer term uptrend.
Symmetrical TriangleBreak out to the downside
Not looking good at all right now
Probably will not for a while I am guessing and possibly more downside
Not a recommendation
DXY (Dollar Index) : 2 trapped seller zones to watch outThough in relatively expensive area, there are 2 trapped seller zones to watch for. When price comes to these trapped sellers, the'll want to exit.
Dollar Index Bullish BreakoutThe USD Index DX1! had a bullish breakout from near the end of a wedge.
This is a legit buy signal and appears to be a larger trend change, a after bullish divergence (on the MACD), with very big consequences... as it all leads towards the US Elections.
System Buy Signal generated, MACD supportive and crossed up into the bullish territory.
Be aware and beware!
DXY : 3 pockets of sell side liquidity ready to be raided!There are 3 pockets of sell side liquidity right below us, which are ready to be raided!
Short term : ICEUS:DX1! will head lower in search of liquidity
Long term : ICEUS:DX1! will go higher once liquidity pockets have been raided.
Also, lower DXY means higher S&P in the short term, lower in the long term.
Next Week's Trading Plan = Last week's result: +57% R.O.I.The week that was... *** Real Time Trading ***
We (and you?) have just completed 135 consecutive hours of Live Trading, while simultaneously posting the trades in Real Time on this TradingView page.
This Live Trading Session(s) took place from September 13., 2020, 18:00 EST - September 18., 2020, 16:00 EST; I.e. five (5), consecutive and continuous trading days, from Sun.-Fri..
How did it all turn out? - Just as the title suggests: "+57% R.O.I".
This post is a summary, as well as a repository for the *** Links to all the live posts *** made during those 135 hours.
1) If one traded along then one has probably long tallied up the results (and the money :-), so obviously, very little use to read on;
2) If one is interested to review / verify / analyze the trades (as one should!), posted during this live trading period. In which case the relevant posts are LINKED BELOW, where all the trades are posted as they were placed.
** However, it will be your task to scroll through(down) to find the relevant ** Real Time entries **, as these posts also contain other, relevant but static information - such as trade setups, etc.; i.e.: just additional, regular "stuff".
The Trading System / Techniques used during these Live Trading Sessions are described in detail, in this post:
"Nasdaq 100 E-mini; +2036 pts. profit the last 14 days. TUTORIAL"
First: These are the LINKS to all the relevant posts containing the Live Sessions posts / markets:
- These are Not in chronological order! The actual clues for the Live Trades are further down,
in the dated list, *** following this First list, in Chronological Order ***.
-------------------------------------------------------------------------------------------------------------------------------------------------------
Nasdaq100 E-mini
THe FAANGs
EURAUD
EURUSD
AUDJPY
AUDUSD
AUDNZD
AUDCAD
GBPJPY
*** We are Not counting this one but one might want to look at it, anyways.
This has missed Live Trading Week by 24 hours. Nevertheless,... it's a fair one :-)
*****
====================== ... and finally, here we go ... =================================
September 13., 2020; Sun.
---------------------------------
Look for this Nasdaq100 chart:
+30.25 points;
Look for this EURUSD chart:
1.1834
.. and this EURUSD chart ...:
-15 pips
September 14., 2020; Mon.
---------------------------------
Look for this EURAUD chart:
... and this EURAUD chart ...:
+84.5 pips;
September 15-16., 2020; Tue.-Wed.
--------------------------------------------
Look for this EURAUD chart:
-7 pips;
Look for this EURAUD chart:
+5.5 pips
Look for this EURAUD chart:
... and this EURAUD chart ...:
+38 pips
... and this EURAUD chart ...:
+0 pips (scratch)
Look for this AUDJPY chart:
+52 pips
Look for this EURUSD chart:
-18 pips
Look for this Nasdaq100 chart:
+89 points;
... and this Nasdaq100 chart ...:
+243.50 points;
Look for this GBPJPY chart:
+28 pips
... and this GBPJPY chart ...:
-12 pips
September 17., 2020; Thur.
----------------------------------
Look for this Nasdaq100 chart:
Look for this AUDJPY chart:
... and this AUDJPY chart ...:
+32.5 pips
Look for this AUDUSD chart:
... and this AUDUSD chart ...:
+30 pips
Look for this AUDUSD chart:
0 pips (scratch)
September 18., 2020; Fri.
-------------------------------
Look for this Nasdaq100 chart:
+198.75
Look for this USDJPY chart:
+19 pips
------------------------------------------------------
Futures Totals:
------------------
Nasdaq100 E-mini Total: +561.50 points;
Forex Totals:
----------------
EURAUD: +121 pips
AUDJPY: +84 pips
EURUSD: -32 pips
USDJPY: +19 pips
GBPJPY: +16 pips
------------------
Total: +208 pips
-----------------------------------------
For the purposes of this Live Trading exercise, we have used $50,000 USD of our own funds.
All of the trades, placed above, involved:
- 2 ea. Nasda100 E-mini contracts (2x $16k margin);
- 4-6 (Full sized) Forex lots ($4k-$6k margin);
---
Basing the results on the $50,000 actual capital used, the one week (135 hours) long Live Trading session(s) resulted in:
$21630 in Net Profit, or = 56.74% Net Return on Capital. (hence, the title of this post.)
==========================================================================================================
p.s. BTW, this does not mean that we will repeat this "exercise" - as in live posting -, right away, this coming week :-)
Good luck out there!
USDOLLAR / DXY : FOMC meeting shortly => liquidity raid!Let's play a game. Which liquidity will be raided if volatility spikes?
USDOLLAR / DXY : Operating monthly rangeDXY has trapped buyers and sellers on bottom and top of the monthly chart. This might become an operating range for next few months!
The rally has only started. Wyckoff accumulation + fundamentalsAs we expected American Dollar rallied last week. The price forms Wyckoff accumulation on a daily chart. It makes sense to look for new entries when the short-term oscillator gets oversold. I got so many questions last week about DXY and most of them were like – ‘Why do you expect a rally if US data is so weak?’. Well, the dollar is not just a currency, it is a safe haven. Besides, it is undervalued, unlike gold. We still have a lot of risks related to coronavirus and its impact on the economy. It can trigger a significant rally in DX. Besides, there is a strong setup in this market:
The weekly pinch-paunch indicator is 58 (a sign of trend change)
The valuation model – undervalued
COT – bullish
Intermarket forecast – bullish
Seasonal – bottom at the beginning of October
With that in mind, we want to look for and take buy signals using any trading entries.
USD (vs. the World) DXY; Massive LONG!!This is the Weekly chart on the DXY, indicating what's probably the biggest USD LONG on this side of the Century!
- Every single commodity is telling you the USD is about to rise!
- Every equity market is telling you the USD is about to sky rocket!
- Everything tradable is telling you the exact same story: The USD is about to blow the roof off!
Just how many more clues does one really need??... :-)
(... and BTW, Gartleys are super quick so if you snooze, you lose!)
US DollarIf it can break 93.75 area it will do a lot of damage to commodities, metals and equities. Remember, each of those in the futures market is a spread against the USD.
