DXY: Retracement possibly over, or in a sideways pattern
Downside is minimal, so I'll start buying back into my dollar positions gradually here.
After today's close, we can start buying into new daily highs, with a stop under yesterday's low. It might fail, but eventually this approach will lead to an excellent trade.
Alternatively to risking 0.5% each time and getting stopped until it goes, you could buy a wider stop position, gradually over a week. Risk in that case would be a $2.40 drop.
Good luck,
Ivan Labrie.
After today's close, we can start buying into new daily highs, with a stop under yesterday's low. It might fail, but eventually this approach will lead to an excellent trade.
Alternatively to risking 0.5% each time and getting stopped until it goes, you could buy a wider stop position, gradually over a week. Risk in that case would be a $2.40 drop.
Good luck,
Ivan Labrie.
Nota
Acting well.Dagangan aktif
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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.