$DXY US Dollar Algorithmic Model Chart Update Monday March 5, 2018 $UUP Chart and Algorithm Observations
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 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 Mar 5 1230 AM
$DXY US Dollar 30 Min Algorithmic Model Chart with prospective channels, price targets, quads, MAs, $UUP Feb 22, 2018.
Possible broadening bottom pattern may be forming on the chart with sideways action of late. Watch close now for possible upside trade in $DXY.
Trading Bias: Trade in accordance to price in channels on shorter time-frames until range is broke to up or downside.
Real-time US Dollar $DXY chart link:
Per recent;
$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
Below is a Member Mid week US Dollar Index $DXY Algorithm Charting Model Update – upside targets are hitting with signals $UUP #USD
The US Dollar is signalling a high probability of upside turn, watch the channel support (red line) and channel resistance (red line). The white arrows on the algorithmic model chart indicate current trend bias based on the model signals.
Below is member updated algorithm model for US Dollar $DXY charting mid-week:
Real-time US Dollar chart link: https://www.tradingview.com/chart/DXY/zyq1Eni1-Mid-week-US-Dollar-Index-DXY-Algorithm-Charting-Model-Update/
$DXY Geometric Daily Chart Model
Mar 5 – Indecisive yet, use chart link below to view current trade.
Per recent;
$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
https://www.tradingview.com/chart/DXY/YVHl36Ug-DXY-US-Dollar-Geometric-chart-model-on-daily-UUP-1111-PM-Jan/
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
https://www.tradingview.com/chart/DXY/KFo6Jqhi-DXY-US-Dollar-Geometric-chart-model-on-daily-UUP-324-AM-Jan-1/
Conventional Charting Considerations:
Per recent;
US Dollar Index $DXY MACD turned up and continues to trend. $UUP #USD
Real-time chart link: https://www.tradingview.com/chart/DXY/DCrjrUKf-US-Dollar-Index-DXY-MACD-turned-up-and-continues-to-trend-UUP/
Per recent;
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