USD index

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

  1. Cswim63

    Cswim63

    Strong move up USD. The EUR was the last to finally move. So o think it's for real this time, and I expect 1.1700 to be taken out soon.
     
    #931     Oct 19, 2017
  2. Cswim63

    Cswim63

    I managed to get on board this morning, but not before I got stopped on GBP short. Tried to be as patient as I could. Short Euro from 1.1812, Aussie from .7842, long small amount of Usdjpy from 1.1315. It's hard when you've been stalking a trade then it moves finally and starts to get away.
     
    #932     Oct 20, 2017
  3. Piptaker

    Piptaker

    Funny I had a nice liitle short earlier on the eur/usd then a second short later at the same place, price was showing no interest in going higher, I shorted same price as you 1812, entered after the engulfing bar at the end of the range.

    vpa30.jpg
     
    #933     Oct 20, 2017
  4. Cswim63

    Cswim63

    I bought everything back about an hour before the close around 1.1776. Aussie at .7816. USD Jpy just below 1.1350. Not a bad day after struggling for a long time. Funny I just had decided to let go of things for awhile, and the market moved in my direction. Then I had to wait for some kind of retrace.
     
    #934     Oct 20, 2017
  5. Piptaker

    Piptaker

    I'm flat. This USDX correction doesn't look it's finished yet on the daily I'm not seeing any signs that it's over.
     
    #935     Oct 20, 2017
  6. Cswim63

    Cswim63

    Hmmm. I see a few currencies breaking or about to break to the downside. Cad, Jpy, Nzd. Trying to keep an open mind, but it seems to be gaining momentum.
     
    #936     Oct 20, 2017
    Truth_ likes this.
  7. Piptaker

    Piptaker

    Panda's looking more and more likely to get it's oil in Yuan, if that happens USD will crash.
     
    #937     Oct 20, 2017
  8. Cswim63

    Cswim63

    Yes I'm aware of this but it could take some time.
     
    #938     Oct 20, 2017
  9. Cswim63

    Cswim63

    I believe they would allow settlement in gold as well.
     
    #939     Oct 20, 2017
  10. Piptaker

    Piptaker

    It will,next year will be more USD weakness and fundamentally Aud will be strong.
     
    #940     Oct 20, 2017