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DXY

#DXY Today Outlook.
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DXY Short Idea playing out nicely. Soup Entry of Lunch Highs. Took Partials at Range Lows. Leaving remainder for ERL. Will potentially scale in during lo. open
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GOLD
This is for new traders:

1. Analysis:

Analyze price charts and indicators (like RSI, MACD).

Check important news and events that might impact prices.



2. Time Frame:

5 minutes, 15 minutes: Suitable for short-term trading.

4 hours, 1 day: Better for medium-term trading.



3. Setup and Entry Points:

Mark support and resistance zones.

Look for entry points when the market shows a clear trend.



4. Risk Management:

Use Stop Loss to limit losses.

Set Take Profit to secure profits. BTCUSD GBPJPY USDCAD DXY

DXY infrastructure announcement is about to start any minute , dxy might rise

DXY Daily close printed at 107.550. A new low confirmed. Strong bullish bias toward AUDUSD, strong bearish bias toward USDCAD USDINR USDJPY . Trade safe
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USDCAD 1 hour 40 mins till daily close. How close to a gravestone doji can we go 💀 DXY Daily close below 107.542 will be a nice confirmation for more shorts.
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DXY where are my bulls at? Let’s run it up!!!📈📈📈

Majority of you will skip this because it’s not a signal but for those who do, hope you find value in it. Patience is key. You hear this a lot. But is that true? Is patience key? Do you have patience? Here is our take on it.

patience /ˈpeɪʃns/
(noun) - the capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.

That’s the definition of patience. Trading is a stressful field. Not only does your analysis have to be on point, you have to be focused, have a trading plan, use proper risk to reward ratio… so many factors and then comes the patience. We already know that the market always provides unexpected problems. It plays with our emotions, ranges, does not move, goes against us etc.

How many times have you entered in a position and the price started to range, while you float in loss? You start doubting, you get scared and you close the position. Or even worse, you get stopped out. Later in the day you check the chart and you see your Take Profit (TP) would have been hit, but only if you were more patient?

Or how many times have you had an A+ setup, everything was going to plan but you closed it early because you wanted to secure the profit?

Being a good trader is hard, but it’s not impossible. Discipline is everything as well as patience. Without patience you are bound to lose.

From talking to many people, you would be surprised at how many of them want to “flip” their account. “Do you think I can make 2000$ this week” with 1000$ in their account.

We will always advocate for patience. Playing the long game. Consistency + patience will get you far.

Check some of the last trades you did. Were you patient? Ask yourself. Majority can find themselves in these stories.

Work on your patience, and you will get far.

For example, check out this long-term analysis on XAUUSD (Gold) posted on January 9th. Now we did close it earlier, but we still managed to secure +500 pips (50$ price action) in 3 days of holding. Patience. Idea:XAUUSD; long-term analysis pre…

Thank you everyone for your absolutely amazing support. We will continue providing value day in and day out! As the Inauguration has happened, we will be taking a closer look at GBPUSD EURUSD NAS100 DXY and of course XAUUSD and rest of the xxxUSD pairs. Stay tuned!

FxPocket

GBPUSD Short only if this happens!

IMO Fill is done on DXY
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DXY ok USD crash, lets buy Gold