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-   -   The Strength of USD (https://www.forexfactory.com/showthread.php?t=666641)

4for4 May 20, 2017 5:40am | Post# 1

[20-May-2017] I only trade major pairs (JPY, GBP, EUR) and I believe that a Strong USD cycle is about to begin ...
There are 2 ways to trade on this belief: (1) Wait for a significant high/low then starts buying USD, or (2) Just wait for a breakout in the direction of Strong USD ...
I personally prefer the breakout strategy as it's not guessed, but it can sometimes involve a substantial risk ...
A significant high/low can only be guessed as the market can do anything it wants ...

The ability to identify and act consistently on technical patterns or mechanical indicators is one thing. It’s the ability to select which ones to trade and which ones to pass that will give us an “edge” over the long term ...
Whether fundamentalists or technicians, we somehow need to be discretionary as well ...

Starting JANUARY-2018, I’m adding AUD, CAD, NZD to my playlist ... all against USD, hence the title of this thread ...

Starting JANUARY-2019, I use the Weekly to plan my trades ... and add a couple of crosses to my playlist ...

MarkFxAnde May 20, 2017 6:53am | Post# 2

EUR/USD is more appropriate trading pair for all kinds of traders in particularly the newcomers due to its comfortable trading spreads. as a newcomer , besides this I like to trade all other major pairs in my demo for increasing my trading performance very rapidly.

4for4 May 20, 2017 9:39am | Post# 3

As of today (20-May-2017), the effect of the Strong USD on EUR will be confirmed when the market breaks the Low-of-11May (1.0838 on my chart) ...

juisen25 May 20, 2017 10:13am | Post# 4

thanx for this thread. can you describe how you find the strengths of USD?

4for4 May 20, 2017 10:55am | Post# 5

I'm sorry for not able to explain it in writing ...

The reason I started this thread is just for sharing my opinion about the general direction of USD with the hope that some people might find it useful ...
For those who disagree or do not find it helpful, please just leave the thread alone ...

I'll be updating this thread as new development comes along ... Thanks ...

yousername May 20, 2017 1:06pm | Post# 6

I'm sorry for not able to explain it in writing ... The reason I started this thread is just for sharing my opinion about the general direction of USD with the hope that some people might find it useful ... For those who disagree or do not find it helpful, please just leave the thread alone ... I'll be updating this thread as new development comes along ... Thanks ...
The US fundamental is strong. But there is delay on transmitting the positive news into the market

4for4 May 20, 2017 9:12pm | Post# 7

This cycle of USD strength usually lasts about 3-4 months on average ...
Just beware that there will be some big/small and slow/quick corrections in between ... (always have SL and TP for any open trade)

4for4 May 25, 2017 8:03pm | Post# 8

[26-05-2017] GBP is about to break down the upward channel formed in the D1 chart ...
A breakdown below the Low-of-18May is an appropriate entry with SL @ High-of-18May and TP can be calculated using 1:1 RRR ... (it's currently running @ 1.2930)

4for4 Jun 2, 2017 9:40pm | Post# 9

[03-06-2017] A breakdown of the Low-of-31May in GBP will indicate the start of "Strong USD" cycle ...

4for4 Jun 13, 2017 8:29pm | Post# 10

The first "Strong USD" signal was started by GBP on 09-Jun-2017 ...
Expect other instruments to follow suit in the next 2-3 months ... Any movement indicating "Weak USD" could be considered a correction for now ...

4for4 Oct 2, 2017 4:30am | Post# 11

[Mon, 02-Oct-2017 10:11:26 MT4]
Sell GBP @ 1.33479 --> 1.3446 / 1.3267 ...

4for4 Oct 2, 2017 9:09am | Post# 12

[Mon, 02-Oct-2017 10:11:26 MT4] Sell GBP @ 1.33479 --> 1.3446 / 1.3267 ...
Closed on [02-Oct-2017 15:19:38 MT4] = +80.9 pips ...

4for4 Oct 4, 2017 7:54pm | Post# 13

[Thu, 05-Oct-2017 02:39:38 MT4]
Sell GBP @ 1.32321 --> 1.3295 / 1.3151 ...

bozmel Oct 4, 2017 9:12pm | Post# 14

gbp is oversold today!

4for4 Oct 4, 2017 10:48pm | Post# 15

gbp is oversold today!
Any live trade to support the opinion?

4for4 Oct 5, 2017 9:08am | Post# 16

[Thu, 05-Oct-2017 02:39:38 MT4] Sell GBP @ 1.32321 --> 1.3295 / 1.3151 ...
Closed on [05-Oct-2017 15:44:07 MT4] = +81.1 pips ...

Erebus Oct 5, 2017 8:24pm | Post# 17

1 Attachment(s)
make the USD great again

Click to Enlarge

Name: 2017-10-06_9-55-03.png
Size: 81 KB

Mr.Rain Oct 6, 2017 3:28pm | Post# 18

make the USD great again {image}
On the joy of many traders, USD has really strengthened. And I think that this is not the end. Once the level of 1.6550 is passed, I'm waiting for a steep descent to levels of 1.1300.

4for4 Oct 6, 2017 10:33pm | Post# 19

{quote} On the joy of many traders, USD has really strengthened. And I think that this is not the end. Once the level of 1.6550 is passed, I'm waiting for a steep descent to levels of 1.1300.
When the time comes, could you put out a time-stamped complete "EP-->SL/TP" live trade here, please? ...

In this thread, we "walk" first, then talk ... (although I must admit that I started on a wrong foot too) ...
Anybody is welcomed to put out his/her live trades here. And later, regardless where the trade is finished, we might be able to have "beautiful" discussions of what went right or what went wrong ...
Btw, I trade the majors (EUR, GBP, JPY) only ... and please no scalping as we can't discuss that ...

Kyg Oct 11, 2017 7:22am | Post# 20

1 Attachment(s)
I believe in further strengthening of the USD. I have a deal GBP / USD long. The upward trend continues:
long GBP / USD

Click to Enlarge

Name: GU11.10.jpg
Size: 234 KB


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