The Strength of USD

PS: There’s no need to read the whole thread to gain insight. Just the last few pages is enough ...

The market can do nothing except switching back and forth between two opposing forces ...

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 ...

Trend is the key to successful trading, but never chase a running trend ...

KISS: Keep It Safe and Simple ...

If intelligence is the key to successful trading, there would be a lot more people making money from trading ...

It is the “predictive” mindset that causes the majority of traders to fail ... (thinking that trading is a game of predicting)

Trading is easy with a set of rules, the hard part is doing nothing in the meantime ... And, we’ll be doing the hard part most of the time ...

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.

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) ...

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

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

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)

[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)

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

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 ...

[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 ...

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

gbp is oversold today!

Any live trade to support the opinion?

Closed on [05-Oct-2017 15:44:07 MT4] = +81.1 pips ...

make the USD great again

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 ...

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