USD index

[Cswim63]

Out, flat. Fabulous day. It's been awhile since I've been "On". Got kicked around with Cad early last night in Asia, since then smooth sailing.

 

[Cswim63]

Long euro 1.2069.

 

[Cswim63]

Scratched. Just not doing what I expected.

 

[Piptaker]

"Money is made by sitting, not trading" said Jesse Livermore.

In full cash and no position is a position ..

 

[bmf]

View attachment 165536



Usd index expected to be extremely bullish in the coming weeks and months and should see a break out north above the double top at some point.

SO, what would be the basic scenario of this?
kindly explain this in detail

 

[Piptaker]

SO, what would be the basic scenario of this?
kindly explain this in detail

So, did you see the date when I posted that comment and what exactly happened in the months after the statement ?

Also see if you can find in the thread where we called the reversal.

 

[Cswim63]

Thinking about chop for Monday. Post NFP. Euro didn't react well to what should have been good news, but I'm reluctant to sell it. I'll be wary of breakouts, looking for a place to fade them. Another strong upmove taking out old high would negate my present thinking. I'm inclined to just wait and watch.

 

[Cswim63]

Looks a little different now. Now I'm thinking there might be some room to the upside. Still sitting on my hands.

 

[Cswim63]

Long Euro 1.2038

 

[Cswim63]

It's a small position, being that it's Asian session, Monday.