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Post by Segwin on Jan 17, 2016 12:11:08 GMT -5
Is this a possibility?  |
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Post by Segwin on Feb 2, 2016 16:34:27 GMT -5
The pitchfork is still holding up on the dollar - so far. It looks like is about to touch the lower channel as shown in picture. Something to keep in mind if touches and reverses.  |
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Post by Segwin on Feb 3, 2016 7:01:11 GMT -5
Well it looks like the Dollar broke the lower parallel on it's way down. As expected the EUR is on the rise. Should be interesting to see how it plays out today. We have some high impact news for the Dollar today as well.  |
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Post by Segwin on Feb 3, 2016 10:49:19 GMT -5
WOOF! Boy did the Dollar get beat up this morning. Made for some nice trades though!
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Post by Segwin on Feb 3, 2016 14:11:48 GMT -5
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Post by Segwin on Feb 4, 2016 14:14:28 GMT -5
We are at the bottom of a well defined parallel channel on the Dollar.
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Post by Segwin on Feb 5, 2016 9:32:26 GMT -5
insert code here
Well the dollar didn't break the channel. Should be interesting on how it performs in the next week or so although the past times it has hit the bottom it has a nice move to the upside for a while.
Cheers.
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Post by Segwin on Feb 26, 2016 11:15:08 GMT -5
Wow, what a ride for the Dollar this morning. Hopefully everyone grabbed a seat. We are now at a key resistance area. Range, up or down? Also since the numbers look good is an interest rate hike on the table again?
I love this stuff.
Cheers.
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Post by Segwin on Mar 7, 2016 18:02:17 GMT -5
The dollar is at the bottom of a channel as shown. Should be interesting to see what tomorrow holds.
My business has been really busy but I still try to keep up to date.
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Post by Segwin on Mar 13, 2016 9:40:14 GMT -5
Well the dollar has broken the bottom channel. Not sure where the next point of support is however. Should be interesting in the upcoming weeks.
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Post by Segwin on Apr 9, 2016 19:40:33 GMT -5
Using Andrews Pitchfork I can see the dollar is in a plunge however it seems to keep testing support as shown in the rectangle. It would seem safe to assume that the dollar is going to tank in the not to distant future. If the Feds don't raise interest rates at the next FOMC meeting the dollar will be in a free fall. Go to Canada now to stock up on some nice Cuban cigars (or wait 6 months when we will be able to buy them legally 
On a side not: According to Al Brooks 80% of breakout attempts fail. So it could very well bounce off support for a short on the USD pairs in the near term.
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Post by Segwin on May 20, 2016 7:25:24 GMT -5
Again using Andrews pitchfork the dollar is hitting the upper parallel line and starting to show red. Long on the Eur may be in order.
GLT
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Post by farmas on Apr 23, 2018 6:08:01 GMT -5
Where is everyone?
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