USD index

Gold going to close around or below 1340. Euro hourly looks pretty ominous. Looking at the short side for Monday, unless something changes. Managed to get out of today with my skin intact, but down 1 percent. Most of that from being sick. Was up good and gave it back. Just lost my discipline in the face of shrinking liquidity. I knew it was Friday.
 
The usd index is now going to be running into heavy structure and should start getting held up to the down side. Note there's an abcd possible correction that will complete just below 94 that I will be keeping an extremely close eye on So you know my expectation I'll be scalping this hard next week on the crosses. :D :cool:
(Also to note this daily tf has in fact made higher swing highs and higher swing lows)
usdindex scalp.jpg
 
Cswim63 said:
Gold going to close around or below 1340. Euro hourly looks pretty ominous. Looking at the short side for Monday, unless something changes. Managed to get out of today with my skin intact, but down 1 percent. Most of that from being sick. Was up good and gave it back. Just lost my discipline in the face of shrinking liquidity. I knew it was Friday.
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you know my routine now, I don't trade asia mondays and wait till london gets going, and I'm drinking beer on friday london 9am :)
 
There seemed to be enough liquidity until about 830 am New York. After that a reversal and covering till 12 noon. Then drift as usual. But gold closing on lows is significant.
 
Well I try not to think. You know. It's just a little bit of a surprise, so I'm looking for follow through. Plus it fits with stronger usd, weaker euro, Aussie. Trying to keep an open mind as usual
 
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