$DXY US Dollar Algorithmic Model Chart Update/ Observations Monday April 9, 2018 $UUP
Welcome to my report for Compound Trading – $DXY the US Dollar algorithm charting model.
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 2018 and will eventually be coded to a digital dashboard for our traders to use as an intelligent assistant.
This charting 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 buy sell triggers, trading quads, MAs, price targets. $UUP Apr 9 438 AM
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, trading quads, MAs, price targets. $UUP Mar 26 1041 PM
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, trading quads, MAs, price targets. $UUP Mar 20 544 PM
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, quads, MAs. $UUP Mar 10 620 PM
$DXY Geometric Daily Chart Model
April 9 – No structural change – no update.
Mar 26 – No structural change – no update.
$DXY US Dollar Geometric chart model daily. $UUP 609 PM Mar 20
US Dollar Index is very dangerous to shorts here. It has a model upward sloping trendline.
92.39 is upside resistance.
Trade bias is long here as long as 89.48 area holds.
$DXY US Dollar Geometric chart model on daily remains indecisive. $UUP 625 PM Mar 10, 2018
Mar 5 – Indecisive yet, use chart link below to view current trade.
$DXY US Dollar Geometric chart model on daily. $UUP 907 PM Feb 4, 2018
Conventional Charting Considerations:
April 9 – $DXY Daily chart range trade stuck with MACD indecisive. $UUP
MACD turned down on DXY. Not an easy trade here or lately.
Watch out shorts. $DXY US Dollar bullish trading 90.42 with 91 next test, has MACD up 20 and 50 MA with 100 MA test on deck.
Very dangerous situation for shorts here. The US Dollar 0.54% is setting up structurally for a turn here.
Watch the 50 MA… as long as price holds the 50 MA and MACD is turned up on daily the shorts will get slaughtered.
$DXY US Dollar Index MACD indecisive price test 50 MA. $UUP – $DXY chart
US Dollar Index $DXY MACD turned up and continues to trend. $UUP #USD
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/
$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