The yellow moving average shown on the chart is the 400 week moving average. Institutional investors and macro traders typically see the 400 week MA as an area of an asset being oversold.
As you can see, the 400 week moving average is where SPY bottomed earlier this year, the question is, will DXY do the same now that SPY is near all time highs?
These are great risk reward setups for anyone looking to take a longer term position.
As you can see, the 400 week moving average is where SPY bottomed earlier this year, the question is, will DXY do the same now that SPY is near all time highs?
These are great risk reward setups for anyone looking to take a longer term position.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
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.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
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.