DXY The Fake Dance

由thecryer提供
已更新
- One of the most important barometers for global currencies and markets in the world.
- Most of the time DXY is a well used machine to supress markets (forex, stocks, cryptos, etc..)
- When they don't start the printing machine, DXY keeps is strength.
- When they start to print DXY starts to dip and markets boom up.
- it's really basic and based on "BRRR Machine".

- i had a hard time to decrypt this fake peace of resilience.
- actually there's none visible divergences on the 1M or 3M Timeframes.

- So i decided to push my analysis to 6M Timeframe and noticed few things :

- You can notice that from 2008 ( Post crises ), DXY was in a perma bullish trend.
- So now check MACD and will notice this fake move on January 2021 ( in graph the red ? )
- MACD was about to cross down, columns smaller and smaller, then a Pump from nowhere lol.
- i rarely saw that in my trading life on a 6M Timeframe.

- So to understand more this trend, i used ADX (Average Directional Index)
- ADX is used to determine when the price is trending strongly.
- In many cases, it is the ultimate trend indicator.

- So if you look well ADX columns, you will notice that a strong divergence is on the way.
- First check the Yellow Doted Line in July 2022 when DXY reached 115ish and look the size of the green columns.
- Now check today (red doted Line), and look again the ADX green columns is higher, but DXY diped to 105ish.

- So like always, i can be wrong, but i bet on a fast DXY dip soon or later.

- it's possible to fake pumps, but it's harder to fake traders.

Happy Tr4Ding !



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Older Analysis from December 2022 :

US Dollar Index (DXY) Update
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US Central Banks Balance Sheet ( December 2022 ) :

The Printing Company
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Analysis DYX pump ( May 2022 ) :

US Dollar Index (DXY)
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- Check also this US30 charts (October 2022 ) to understand more.
- When everyone was predicting a global crash, i was bullish on stocks.

US30 (Log Chart)
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Nasdaq US100 ( May 2022 ) :

Nasdaq Slapped
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Then when u get to understand DXY, US30 and US100. You can easily start to gamble on stocks, here an exemple on Tesla :

Tesla Local Bottom
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Rule Number One :

- Look the charts from Long Timeframes, more you use Short Timeframes, more it will be hard to predict the future.

Stay S4fe !
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matter of time :

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Are we ready ?
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" it's possible to fake pumps, but it's harder to fake traders ".

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They printed so much money from 2008 to stay number one in this game and rekt others currencies, it will not last forever. one advise only " Buy more Bitcoins ".

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Chart PatternsdollarindexdollarsdollarstrengthDXYdxyanalysisdxyforecastdxyindexdxyshortTechnical IndicatorsTrend Analysisusdx

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