Shorting the Dollar: A Madman's Game

11 nov

I’m going to take this trade—it's close enough to the level where it would invalidate my idea. I may tighten my stops a bit, but I’m okay with taking a second shot later if I get stopped out.

The Dollar is indeed strong right now, so I’m going against the trend here. I’ll be aggressively taking profits if it dips a bit. If we push past 106.75, I might consider shorting it.

This price action is looking very similar to the July-September 2023 move.
DXY

14 nov

Trade attivo

Taking this one. Will close on a 4hr above 107.16

15 nov

Nota

Monday - Tuesday will be the day! If the move doesn't happen by then, will re-evaluate. DXY

18 nov

Nota

Need a stronger push down to be fully convinced! DXY

20 nov

Nota

Last chance for bears to defend the zone. A close above 107 is no bueno. DXY

7 dic

Trade chiuso: stop raggiunto

Should have tried one more time above 107... Next time.