$DXY US Dollar Algorithmic Model Chart Update Sunday Feb 4, 2018 $UUP Chart and Algorithm Observations
My name is $DXY the US Dollar algorithm charting model. Welcome to my report for Compound Trading.
I am an early development model – one of seven in development at Compound Trading. This work is very early stage generation 1 work. Generation 2 – 5 is scheduled for early 2018 and will eventually be coded to a digital dashboard for our traders to use as an intelligent assistant.
Chart is to be used in conjunction with conventional charting as trader assisted signals. The signals in the model (at this point) are simple that each line on the model chart are considered a support and resistance test.
$DXY US Dollar Algorithm Charting Model $UUP
$DXY US Dollar 30 Min Algorithmic Model Chart with prospective channels, price targets, quads, MAs, $UUP Feb 4, 2018.
Broadening bottom pattern is forming on the chart. Watch close now for possible upside trade in $DXY.
Real-time US Dollar $DXY chart:
$DXY US Dollar 30 Min Algorithmic Model Chart with prospective channels, price targets, quads, MAs. Channels highlighted. $UUP Feb 4 858 PM
$DXY Geometric Daily Chart Model
$DXY US Dollar Geometric chart model on daily. $UUP 907 PM Feb 4, 2018
$DXY US Dollar Geometric chart model on daily. $UUP 1111 PM Jan 30, 2018
Don’t discount easily the support and resistance lines on this chart if you are swing trading the Dollar or need to know where its resistance ad support areas are. This model actually tests well.
$DXY US Dollar Geometric chart model on daily. $UUP 324 AM Jan 17
Conventional Charting Considerations:
Don’t look now but MACD turning up on $DXY US Dollar Index Daily Chart – Highly predictable trend signal. $UUP #swingtrading https://www.tradingview.com/chart/DXY/DDnLMEKr-Don-t-look-now-but-MACD-turning-up-on-DXY-US-Dollar-Index-UUP/
Most applicable indicators described below are as previous charts o I’m leaving them in report here.
$DXY US Dollar MACD on daily provides simple directional swing trade signal. Historical support area here FYI $UUP 649 AM Jan 8
$DXY US Dollar 60 Min Time Frame 200 MA provides a shorter time frame trend indication for intra day trading $UUP 649 AM Jan 8
I use the 60 min chart for when I am timing an entry or exit based of $DXY or instruments that rely on the direction of the US Dollar on the daily models and/or intra-day trading. It works well.
Best with your trades and look forward to seeing you in the room!
$DXY US Dollar Algo
Article Topics: $DXY, Trading, USD, Dollar, Chart, Algorithm, $UUP