We see a very respected trend line. we wait for price to execute our buy order and ride the wave. Please like and follow me for more analysis like this.
Once again, Congrats to all my followers who took my advice on going short on the EUR/USD based on the analysis on the 8TH of September 2017. Holding long positions is never easy, but the profits must have made up for it. Here is a hedging opportunity that we find interesting. please view my previous DXY analysis for the definition of what a hedging trade is. we...
Congrats to all my followers who took my advice on the DXY LONG trade based on the analysis of the 8TH of September 2017. Holding positions for several days is never easy, but the profits should have made up for it. I bring my second analysis on the DXY. Here is a hedging opportunity. Hedging is defined as taking a trade in the opposite direction of your...
Based on the tend analysis on the DXY. I mentioned that EURUSD had also indicated divergence signs. The RSI and MACD are making lower lows, while the chart is indicating higher highs. This calls for a reversal. Should anyone wish to share their views and points regarding this idea, please don't hesitate to share. All the above mentioned Trend analysis is solely...
RSI and the MACD indicating divergence. This is particularly interesting as divergences indicate market trend changes. although we still need to wait for the MACD cross up on the 4hourly DXY CHART to fully complete the divergence. Another interesting aspect to consider is the EUR/USD. The EUR/USD on the MT4 has developed a divergence on the 4hourly chart as well,...