I think Gettoefl has a point because USDX is ultimately a aggregation of how the USD behaves against majors, mostly EUR. And while USD is part of the GU equation, the GBP has also mind of its own. Probably for mid-term e.g. weekly trading USDX can give some clues but when intraday trading GU, perhaps its sometimes better to eliminate distractions and just follow the GU S/R, short term trendlines, mostly 15M candles PA and be aware of the different sessions dynamics e.g. if and when stops are most likely hunted to avoid being get caught.
Just a thought, from real newbie
Just a thought, from real newbie
Disliked{quote} Really? My theory is the futures are traded and can have an effect on GU via algos, just a theory. Decision time anyway {image}Ignored
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