June 26, 2013
- in Uncategorized by schooloftrade
Dollar-Index day trading strategy
 |
| Dollar Index |
The Dollar-Index
was very bullish this morning until the news was released for GDP at 8:30am EST
and the market personality changed as price-action tumbled off the highs from
today and yesterday. Now we are seeing a
sideways-trading-range on the Dollar-Index which tells us that trading euro and
gold will be a challenge. We encourage
everyone to stay patient and wait for the Dollar-Index to make its move either
higher or lower before we enter into our trade on Gold or euro.
was very bullish this morning until the news was released for GDP at 8:30am EST
and the market personality changed as price-action tumbled off the highs from
today and yesterday. Now we are seeing a
sideways-trading-range on the Dollar-Index which tells us that trading euro and
gold will be a challenge. We encourage
everyone to stay patient and wait for the Dollar-Index to make its move either
higher or lower before we enter into our trade on Gold or euro.
