all the best

Looking at Dollar Index bearish since it reached higher high at 99.45 - 99.70 (100 is a hard resistance because mentality tells us it's a resistance)
It has divergence on daily and H4 too.

Bet on it will break rising wedge (it broke ) and searching for another low.
From past break, it has similar drop range, can see from the box.

Dilemma here is that it's about to reach the bottom of channel + low daily RSI + Previous support about 97.00.
However, on daily candlesticks showed three black crows and ready to break and search for lower low.

Imho the risk quite high to take swing trade here. Scalp is fine but with right RR.



In the meanwhile, GBP and EUR are still about the Brexit news and hence nothing much to talk about : volatility

My 2 cents.

DXY, it should reach 95.92
https://www.tradingview.com/x/TJgbwwDx/

I always keep my chart simple few lines done deal

No gap... Trade as usual..... LOL.

As a trader, always remember this quote:

"Markets are never wrong, but opinions often are." Jesse Livermore

https://www.facebook.com/2526792480680156/p...66817793344283/

Nice Memes facebook( about trading , not virus)

Opened my myfxbook today... received this message:

[attachmentid=10338625]

Anyone here received such message before?

Anyone has experience as a signal provider?

Thanks.

Means you are guru / sifoo level already.

EURUSD UP
CADJPY UP

Yeah, gamblers shall short these pairs.

aye aye

what do u think of USDCHF?

0.98748 is a good short entry but approaching support
support @ 0.98162 next 10 days - observe rebound/break
If hover after that - next support/resistance 0.98425 observe again

This post has been edited by Archemedia: Oct 21 2019, 05:35 PM

I'm sharing my entries and exits and how I trade here
Market Phase Hedging Trading System
Feel free to join in the discussions

Hedging EU for retracement



Double fractal signals reversal

This post has been edited by Archemedia: Oct 21 2019, 11:09 PM

Stick to my original plan, Dxy retrace from the channel.

Short EU (abt +35pips now @ 1.11440), reaching TP1 with good RR. (that was a good place to short )

Daily candle looking good, smaller timeframe indicate a further drop with high chance but approaching H1 EMA50 which may struggle (time to earn some swap).

Eu start to reverse

Yooooo..... if still hold on usd76k.



76k ....

Not sure its a real or fake move...

no one is sure.
if yes, sell everything
pinjam ah long to max ......

and hentam all in ....

What if go back up?

then burst account again.. and he will fund his account again