USD index

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

  1. Cswim63

    Cswim63

    Missed that usd/cad run-up. Just needed it to pull back a few more pips.
     
    #181     Aug 19, 2016
  2. Cswim63

    Cswim63

    Well that all pretty much turned into a mess.
     
    #182     Aug 19, 2016
  3. Cswim63

    Cswim63

    Banging my head against the wall again. Gold slipped again. Still short euro, aud jpy
     
    #183     Aug 19, 2016
  4. Cswim63

    Cswim63

    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.
     
    #184     Aug 19, 2016
  5. Piptaker

    Piptaker

    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
     
    #185     Aug 20, 2016
    Cswim63 likes this.
  6. Piptaker

    Piptaker

    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 :)
     
    #186     Aug 20, 2016
  7. Cswim63

    Cswim63

    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.
     
    #187     Aug 20, 2016
  8. Cswim63

    Cswim63

    I'm also turning over in my head that the euro longer term chart doesn't look as bearish as I used to think.
     
    #188     Aug 20, 2016
  9. Piptaker

    Piptaker

    a deeper correction for gold on the cards you think ?
     
    #189     Aug 20, 2016
  10. Cswim63

    Cswim63

    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
     
    #190     Aug 20, 2016