Trading Ideas
Bullish Gartley Pattern Completion
Sat, 24 Jun 2017 12:52:28 -0500
Bullish gartley completion gave us an early sign of a bullish movement. if the price broke the green area then the price will have a greater possibility to resume its upward movement.
Dollar Index Weekly Outlook 26-30 Jun
Fri, 23 Jun 2017 20:44:15 -0500
Dollar is overall BULLISH. Nice bounce last week, now making its way north. I expecting price to leave this expanding wedge pattern and test the daily pattern(orange). Look for Dollar strength to continue. I've been down for a month...lets get back to riding these waves. Chart updates and trade setups will be updated as needed below....so stay tuned....your comments are needed and appreciated.... CATCH THE WAVE......AND RIDE IT..
USDX: Rejection or Breakout££
Fri, 23 Jun 2017 10:30:13 -0500
USDX didn't show that much strength and came back lower from 97.85 level. DXY is testing the cloud support and we might see the double bottom. Breaking below the cloud support will invalidate the bullish scenario and then we might see more lower levels before a big bounce. Right now I am still bullish on DXY unless we break below the cloud support (97.15-97). Recommendations: Long from current levels with stop loss at 96.90. Medium-term Target 98.50
DXY up trend
Fri, 23 Jun 2017 09:53:41 -0500
We are seen a correction of recent big move, next week we are going over 98.10, something that will trigger the accelerated move in USD crosses. Keep calm and stay long!
DXY
Fri, 23 Jun 2017 04:48:28 -0500
still in the ShortTerm channel price fighting the Base Line, for the next trend or extend leg
Head and shoulder pattern
Fri, 23 Jun 2017 01:18:21 -0500
Head and shoulder is building right shoulder!
buy setup
Fri, 23 Jun 2017 00:47:20 -0500
i am opening one more buy possition at this level. with SL very nearly, but with very good TP. It is very risky, but very profitable
#DXY expect to go higher after breaking above 97.5
Fri, 23 Jun 2017 00:26:32 -0500
The reversal is here! We should be seeing USD strengthening and the index to move higher. The break above the 97.5 level which is a significant resistance level, has given clue that selling has ebbed and buying will be taking place on each pullbacks. See my other post of USD pairs for medium to longer term trades.
Potential Bullish Bat in the DXY
Thu, 22 Jun 2017 23:57:28 -0500
There is potential Bullish Bat in the DXY completing at 97.14. Stop is below X, targets at 38.2 and 61.8.
DXY
Thu, 22 Jun 2017 21:56:53 -0500
DXY short idea
DXY South ~ again£
Thu, 22 Jun 2017 21:42:31 -0500
DXY South ~ again£
DXY
Thu, 22 Jun 2017 21:21:47 -0500
Possible reversal on the dollar index....Hitting bottom trend off the 4H chart.
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