$DXY US Dollar Algorithmic Model Chart Update/ Observations Sunday May 13, 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, channel, MAs, price targets. $UUP May 13 339 PM
If this goes to a sell, the yellow are your prospective channel support and resistance for a down turn.
Per recent;
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, trading quads, channel, MAs, price targets. $UUP Apr 30 352 AM
Per recent;
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, trading quads, channel, MAs, price targets. $UUP Apr 24 306 AM
Per recent;
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, trading quads, MAs, price targets. $UUP Apr 9 438 AM
$DXY Geometric Daily Chart Model
May 13 – Big test with the dollar here. Visually intense on the geometric US Dollar model. $UUP $DXY
Use link below from last report to view real time chart.
Per recent;
US Dollar $DXY touched 200 MA on daily and backed off. Geometric model charting.
Per recent’
April 24 – US Dollar $DXY range bound sideways at support in geometric model charting.
Conventional Charting Considerations:
Bull bear fight is on with dollar closing the week at the 50 MA. Watch that close. $DXY $UUP
If $DXY US Dollar Index builds structured base over main pivot (red line) it’s a long all day long. $UUP.
If $DXY -0.18% US Dollar Index -0.18% builds structured base over main pivot (red line) it’s a long all day long. $UUP.
WATCH the MACD for a turn down. Has it’s 200 MA (pink), but that’s not considerable relatively speaking right now.
Watch the pivot and watch the MACD on the daily. MACD turns down and it will be a retrace 99 in 100 times.
Per recent;
$DXY There it is, reach up and touch to 200 MA and a back off intra. MACD trending on Daily.
Dollar bulls keep an eye on 200 MA overhead on daily. $DXY #USD $UUP #chart #resistance
Per recent;
April 9 – $DXY Daily chart range trade stuck with MACD indecisive. $UUP
https://www.tradingview.com/chart/DXY/bgTJqSqy-DXY-range-trade-stuck-with-MACD-indecisive-UUP/
Per recent;
MACD turned down on DXY. Not an easy trade here or lately.
https://www.tradingview.com/chart/DXY/xeNnsI8J-MACD-turned-down-on-DXY/
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