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U.S. Dollar Index tells all … October 15/04 |
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Sound familiar? You have spent years surfing the 'Net, and studying books and charts in search of currency trading strategies or forex trading strategies. All you really want is the 'Holy Grail' of entry techniques. You usually end up adding one indicator on top of another, switching from one guru to the next, until you are so confused and unsure of your entry system that you are unable to make entry decisions and stay organized. You get so distracted and frustrated that you quit watching the markets all together! Shows you how FAST you can make money when the BIG DOGS make their move - by shamelessly copying this winning group . Even I am STILL surprised by how much power they have over the currency markets. U.S. Dollar Index tells all … October 15/04Forex traders would be well advised to keep an eye on the U.S. Dollar Index, which is a proxy for the health of the dollar itself. Such information would nicely complement currency trading strategies (a.k.a. forex trading strategies). If you look at a futures chart of the Index, you will see the continual long-term downtrend. The 85.00 level could provide support, if history repeats itself. That area did stop and reverse a similar downtrend in the late 80s. Jim Wyckoff sees a choppy and big trading range for the Index in the near future. However, more downside risk would be exposed should the 85.00 zone be breached. When it comes to currency trading strategies or forex trading strategies, you will find a whole lot more in my internationally acclaimed course at ... "Free" personal consultation with each purchase "No-Games, No-Strings" Money Back Guarantee Even experienced traders know they have more to learn. No matter what currency you're in, whether your preference is euros, yen, the franc or the pound, whether you're a beginner who needs a concrete plan or a seasoned trader, or simply looking for information on how to use the right data, you've come to the right place. Most traders who come to us just want to know how to trade currencies against the 'dumb money,' and ... How To Make A Full-Time Income Trading Less Than Part Time Find out what a blind, three-legged dog with
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