USD at critical technical level

Greetings to all traders!

Before you even trade today, read this:

Heads up: The U.S. is at a critical technical crossroad. A multi-month support in confluence with a long-term trend buffer zone.

If we clear this zone, we could see a lower U.S. dollar. If price bounces, we caution all traders to be wary as any bullish strength in the greenback may be faded by a growing group of bears.

Do not forget that U.S. data has generally been negative since the start of 2016. Could the Fed have made a gaping policy error?

Today, we share with you:

1. The TECHNICAL crossroad the U.S. dollar is at
2. A beautifully detailed chart that supports the above
3. How you should you approach trading in such market conditions
4. What side you should be on? (or flat?)

...and MUCH MORE.
Read all, here:
Break Or Bounce? (<< CLICK)

Happy Lunar New Year to all, wherever you are!

In the midst of very busy Lunar New Year festivities, we've turned intermittently bearish again. Why, you may ask?

Regular readers would know that we have been flip flopping on our biases for a good while now. The reason is simple: the markets are doing exactly that - flip flopping. With markets in such volatile conditions, the best strategy is to be ready to turn on a dime.

In today's Snippet, we take a look at last week's NFP report as well as the overall U.S. economy, while centering key parts of our write-up on the U.S. Federal Reserve, other central banks and global stock indexes.

You will learn:

1. Our reasons for turning intermittently bearish
2. An in-depth look into last week's NFP report, and why it MATTERS
3. Why you should pay attention to the U.S. economy, the Fed and the USD
4. What global stock indexes are telling us

...and MUCH MORE.
Read all, here:
We Are Loading Up The Shorts (<< Click to Read)

Will be updating this thread with regular charts, data and our views on what is happening in the markets!

Stay tuned for more, alternatively, visit our Facebook Page for the most up to date information. updated in real time:
www.facebook.com/businessoffinance

So, what has happened since we last posted?

Overnight carnage summary:

S&P 500 futures down 1.8% to 1814
Stoxx 600 down 3.4% to 304
FTSE 100 down 2.6% to 5525
DAX down 2.9% to 8760
German 10Yr yield down 7bps to 0.18%
MSCI Asia Pacific up 0.1% to 117
Hang Seng down 3.8% to 18546
S&P/ASX 200 up 1% to 4821
US 10-yr yield down 5bps to 1.62%
Dollar Index down 0.42% to 95.49
WTI Crude futures down 2.9% to $26.65
Brent Futures down 1.7% to $30.31
Gold spot up 1.9% to $1,220
Silver spot up 1.5% to $15.50

Attachment

For those of you who have been wondering more about our trading portfolio, here's an article that breaks down one of our largest trades won in our portfolio ever. More than 4500 pips made on ONE trade - incredible by any means.

4,700 pips won on a single trade. That's right. Striking when the iron is hot, is what exactly we have been doing. For the last couple of weeks, we've bagged a couple of decent trades; pretty damn good trades actually, if we spared you the modesty. We won some 1,300 pips on USDTRY, are riding on about 3,300 pips on USDNOK, and today booked a huge winner on USDZAR - a currency pair most retail traders probably never even heard of until now.

Click below to find out how we did it:
http://www.businessoffinance.com/tra...ar-profits-big

Click below for more information on our Premium Signals Service (includes FREE Trial!)
http://www.businessoffinance.com/premium-signals

Premium Signals Track Record:
http://www.businessoffinance.com/pre...s/track-record