USD index

Discussion in 'Forex Trading' started by Piptaker, Jul 22, 2016.

  1. Cswim63

    Cswim63

    It was widely anticipated
     
    #1101     Dec 30, 2017
    victorycountry likes this.
  2. Cswim63

    Cswim63

    It's not just the news-- it's how the market reacts to it.
     
    #1102     Dec 30, 2017
  3. Piptaker

    Piptaker

    I'll be back posting next year after I've wrapped a few things up, and we are going to be in pip heaven :D
     
    #1103     Dec 30, 2017
    Cswim63 likes this.
  4. Cswim63

    Cswim63

    The model I had in my head for today was that traders would come into the New Year, see that the USD had moved down against everything, and start chasing. In other words, the move has already unfolded over the past couple of weeks, so I'm expecting a bit of consolidation here, as traders get stopped out.
     
    #1104     Jan 2, 2018
  5. Cswim63

    Cswim63

    Of course, as I write this Cad jumps thirty points.
     
    #1105     Jan 2, 2018
  6. Cswim63

    Cswim63

    Took some small long positions in Cad, AUD, Nzd. Just throwing a line in the water. Not really a scalp, as I think they could move more than 30-50 points. That being said, they all have already done that, so I'm looking for bigger TF players to come in.
     
    #1106     Jan 2, 2018
  7. Cswim63

    Cswim63

    Closed out at a loss overall.
     
    #1107     Jan 3, 2018
  8. Cswim63

    Cswim63

    Short UsdCad from 1.2537. Got in too early after Fed Minutes release. Anyway I knew I wanted to be short, anticipating TL break. It just came from a little higher. Still holding-- don't think USD anywhere near a bottom. It's been about a day plus correction so far-- not expecting much longer. Looking to exit around 1.2475 if tape holds up.
     
    #1108     Jan 3, 2018
  9. Cswim63

    Cswim63

    USD Cad sticky around 1.2510. Been in and out couple times, still holding short. Long Euro from 1.2066, looking for a push up to 1.2080 and beyond for a scalp.
     
    #1109     Jan 4, 2018
  10. Cswim63

    Cswim63

    "Money is made by sitting, not trading" said Jesse Livermore.
     
    #1110     Jan 4, 2018
    Piptaker likes this.