Month: April 2014

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USDX Trade 16.04.2014 Outlook

USDX Trade 16.04.2014 Outlook

Currently USD is testing the 2 year low. I would be looking to buy the dollar index at 79.64 or lower. My first target would be 79.94 followed by 80.09. We might see some dollar strength so I might just let the trade run after that. My stop loss would be a close below 79.47.

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USDX 09.04.2014 Trade Result

USDX 09.04.2014 Trade Result

The market really took its own sweet time to move to the first level target which I posted on 20.03.2014. For the entry, please click here. A total of 11 trading days to hit 80.48. My average entries were at 80.00. After hitting my first level target, I usually have a habit of taking of…

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