USD index

[themickey]

Might make charts clearer to see fwiw
https://www.gadwin.com/printscreen/

Thank you, I'll download and give it a go, will repost the chart again sometime soon.

 

[Cswim63]

Long EUR 1.1785, Usdjpy 112.85, Short Usdcad 1.2948. Just following the pressure. . .

 

[Cswim63]

I forgot what a quiet market looked like. Still short USD.

 

[themickey]

Screen capture but I used Snagit.
Recent price action plus a view going back to 1972

 

[Cswim63]

Got stopped on everything but Usdjpy. Exited usdjpy at as small gain. Still looking short USD, but flat Atm. USD CAD has retested recent break above 1.2980, now lower. I'm eyeballing that for a short after the Federal Open Mouth Committee at two pm.

 

[Cswim63]

Looks like the market is really gun shy at the moment, no clear trend. Long Euro from 1.1745, Aussie. 7255. Right now it looks like it's holding, but that's not saying much.

 

[themickey]

Sure is one heck of a move since Fed announcement.
Now it would not be unexpected to see it all begin to fall again when USA stock market opens for trading. Looking forward to seeing how the day plays out.

 

[Cswim63]

Lots of movement in the crosses overnight. I finally got short EUR around 1.1665 and rode it down. Was also short Aussie from .7215, but when i woke up and saw that the Aussie hadn't moved, I bailed. Cad also really strong, eyeing double bottom in Usdcad around 1.2885. Should be taken out soon.

 

[pipeguy]

Yeah and straight hands. Sometimes we make stupid mistakes especially buying on highs or selling on lows. It's consistent with out a bit primitive psychology.

The most important tool for a trader is a quiet mind.

 

[Cswim63]

Went into the close Friday long a bit of Aussie . One day down USD, next day up with big moves probably means traders getting shaken out. Sooner or later the real move will come. No violent break in the US ten year, I'm going to assume risk on until the tape changes. Usdjpy continues to trudge higher. . .