The dollar index has flashed a buy signal in the daily and weekly timeframes here, I've bot some exposure to it via long calls in 
UUP expiring by late September. The weekly Timemode trend signal forecast implies a substantial move lasting 6 weeks from here onwards. Downside risk is small, the signal suggests a 3.65 times reward to risk ratio, if the target is reached and the stop isn't, since the signal popped on Thursday this week.
Trading FX signals like this adds a nice source of alpha to a stocks portfolio, I like to focus on the dollar index for simplicity's sake, but at times there's good opportunities in cross pairs as well, for those avid with macro analysis.
Best of luck if buying the dollar here, expect a strong rally until the target is reached at least, with +60% odds.
Cheers,
Ivan Labrie.
UUP expiring by late September. The weekly Timemode trend signal forecast implies a substantial move lasting 6 weeks from here onwards. Downside risk is small, the signal suggests a 3.65 times reward to risk ratio, if the target is reached and the stop isn't, since the signal popped on Thursday this week. Trading FX signals like this adds a nice source of alpha to a stocks portfolio, I like to focus on the dollar index for simplicity's sake, but at times there's good opportunities in cross pairs as well, for those avid with macro analysis.
Best of luck if buying the dollar here, expect a strong rally until the target is reached at least, with +60% odds.
Cheers,
Ivan Labrie.
Nota
Dagangan ditutup: sasaran tercapai
Nota
Weekly and quarterly targets hit in the Dollar Index...I suspect it could reverse from here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.