- Search Forex Factory
- 172 Results
- MateuszFx123 replied Jan 8, 2024
Congrats, good trades Scalping is not good for me, I don't have much time unfortunately and I like to go with the general trend on a higher timeframe. I think that DXY confirmed well this important resistance you spotted along with 38% fibo / ...
- MateuszFx123 replied Jan 8, 2024
Why do you think this resistance should work? We are still in a downtrend on US T-bonds and DXY... image image image
- MateuszFx123 replied Nov 3, 2023
Thanks Pedro, so your view agrees with mine. I see a possible bounce down from here (better ISM PMI for USD?) or from the previous upward channel at 38 fibo/1.077. image This double top plus gap looks like a rather bull flag for me... image
- MateuszFx123 replied Nov 3, 2023
With targets 1.0685 and next 1.0666? Do you think that the gap on USDX will be closed in the coming days? And then the EUR will go higher? image
- MateuszFx123 replied Nov 2, 2023
Maybe too early, but I also bought EUR and closed most of my shorts image image image
- MateuszFx123 replied Nov 2, 2023
Logic reasoning, thanks for sharing. I must include it in my trader's workshop
- MateuszFx123 replied Nov 2, 2023
Thanks Pedro for sharing your insights
- MateuszFx123 replied Nov 2, 2023
What next? The range between 1.053 - 1.067? If this is a fundamental change, the dollar could remain weak. image image image image
- MateuszFx123 replied Nov 2, 2023
I experimented with various types of moving averages with ATR, but this doesn't give you an advantage, it would be too easy just to stick with it and get rich
- MateuszFx123 replied Nov 2, 2023
Indeed image Moreover I believe that this gap should be closed (+ 106 and trendline support) image Bond yields don't look good for the dollar image Pullback could come from 76 fibo also as Js3mwtRc indicated (1.0635) image
- MateuszFx123 replied Nov 1, 2023
Do you see double top forming on USDX @ 50% fibo / 107 or something else?
- MateuszFx123 replied Nov 1, 2023
Thanks Pedro, so do you believe that because price made strong support @ 1.05300 (in addition to strong support @ 1.05) this could continue to at least range 1.05300 -> 1.06700/1.07? Are 10 yr t-bond yields confirms this? image Are you taking ...
- MateuszFx123 replied Nov 1, 2023
So this scenario is invalid for now?
- MateuszFx123 replied Nov 1, 2023
image image image Source: url
- MateuszFx123 replied Nov 1, 2023
So it turns out that my predictions with general direction were right and USDX/DXY was very helpful. I thought that pullback should be 38 fibo, but in fact, USDX also checked 50 and finally 61 fibo levels. Looking at the dollar index we can see that ...
- MateuszFx123 replied Oct 27, 2023
Nicely drawn channel, it better translates PA than mine
- MateuszFx123 replied Oct 27, 2023
After an hour there is a pressure on upper band of downward trend channel on D1 image Bond yields could break down image
- MateuszFx123 replied Oct 27, 2023
Indeed url , but it could be pump before dump. I think that Israel want to finally destroy everything in Gaza with the help of the USA, but it could be tough war, just like the Russians and Americans had in Afghanistan. PCE core is at consensus ...
- MateuszFx123 replied Oct 27, 2023
So yesterday I correctly set the decision point before the data to 1.053. Will we breakout down from another bear flag? ECB didn't gave arguments for buying EUR, what will happen over the weekend in Gaza Strip? image
- MateuszFx123 replied Oct 27, 2023
Thanks Pedro, I am with you and with a general bearish bias. If the price will get to 1.06 it would be also a good spot to short in case of a potential transition of downtrend into range (we will be at the upper band of range if I see it correctly)