USD index

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

  1. themickey

    themickey

    DX has a feel to it that it's due for a breather?
    What's your call?

    Summer here can be quite windy, especially in afternoons, has to do with the interior land mass heating up during the day, then the seabreeze picks up, pushing cooler air inland.
     
    #1731     Dec 12, 2018
  2. themickey

    themickey

    Does the Eurodollar have any influence / giveaways (clues on direction) to the DX?
     
    #1732     Dec 12, 2018
  3. Cswim63

    Cswim63

    No idea on eurodollar. The only thing I can say is, it's all related somehow. Dx seems to be choppy, I think its probably end of year positioning. Trend still intact. Missed this last push down in Euro. I can tell you for certain that US economy has slowed. Freight volume and rates bad. Usdjpy pressure?
     
    #1733     Dec 14, 2018
  4. pipeguy

    pipeguy

    Hope you kept the trade through Friday because it was quite rewarding, around 100 pips profit.
     
    #1734     Dec 15, 2018
  5. Cswim63

    Cswim63

    No I got out on the retrace above 1.1360. I'm too distracted to trade well now it seems, even when I pick up the overall trend.
     
    #1735     Dec 15, 2018
    pipeguy likes this.
  6. themickey

    themickey

    USD has to go up from here, surely?
    Fed increases rates, $ must increase according to my simple logic.
    That's my call for the foreseeable future, and gold another smacking coming to it.
     
    #1736     Dec 20, 2018
  7. Cswim63

    Cswim63

    Think I'd rather wait out these thin markets
     
    #1737     Dec 20, 2018
  8. Cswim63

    Cswim63

    See what they do the first few days of January.
     
    #1738     Dec 20, 2018
  9. pipeguy

    pipeguy

    Selling Euro, Fed put is dead ;)
     
    #1739     Dec 21, 2018
  10. themickey

    themickey

    What price?
    Where'd you get the nic 'pipeguy'?
    I used to buy & sell pipe once. (And valves and fittings and steel)
     
    #1740     Dec 21, 2018