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Re: MACD&RSI

rijay, Thu Nov 29, 2018 4:43 pm

macd & rsi wrote: Thu Nov 29, 2018 5:56 am

unfortunately ,, hit my stop .

but if your broker , does not hit your stop ,, now the position is at profit .
your positioning looks to be right though, as dollar looks to be setting up itself technically for sell off before us-china trade deal.
need to break trendline though, on usd index before it retests lower border of channel, both daily and weekly momentum is slowing down and price failed twice to go past previous high.
all depends on trump i think and the deal. in any case emerging markets currency basket has already started strengthening against us dollar since long enough though, factoring a deal done.
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