USD index

Cswim63 · May 8, 2019

Appears that a breakout in usdcad above 1.35 is imminent. Currently long from 1.3460 after getting whipsawed a few times. Massive consolidation below these levels

themickey · May 8, 2019

The way in which metals are behaving (very bearish) makes me think DX is going up.

pipeguy · May 9, 2019

themickey said:
The way in which metals are behaving (very bearish) makes me think DX is going up.

Yep US investors are returning their capital back to US into bonds and cash, metals are not exclusion

Cswim63 · May 9, 2019

Flat, out at 1 3493. Euro broke higher, going to take my chips off and watch.

Cswim63 · May 9, 2019

Back in at 1.3479. Usdcad. Gold volatile, falling now. Interesting how Euro chart looks so similar to gold here.

Cswim63 · May 15, 2019

Momentum has shifted, at least temporarily. Currently long Aussie .6929

pipeguy · May 15, 2019

Why? Any fundamentals backing this trade?

Cswim63 said:
Momentum has shifted, at least temporarily. Currently long Aussie .6929

Cswim63 · May 15, 2019

pipeguy said:
Why? Any fundamentals backing this trade?

Why is because of the tape. I dont trade funnymentals. Just a possible reversal. Tape is really undecided here, probably will pull the plug on this trade soon.

Cswim63 · May 15, 2019

They took usdcad out back and shot it, that's mostly what I saw. It just struggled and struggled to move. Just following that really. If usdjpy firms up there should be more short covering. Obviously the trend is Usd strength

Cswim63 · May 15, 2019

Dollar long trade is also a very very crowded trade, per Chicago IMM figures.