$DXY US Dollar Algorithmic Model Chart Update/ Observations Wednesday May 23, 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.
Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm
$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 23 1027 PM
$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.
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, trading quads, channel, MAs, price targets. $UUP Apr 30 352 AM
$DXY US Dollar 30 Min Algorithmic Model Chart with buy sell triggers, trading quads, channel, MAs, price targets. $UUP Apr 24 306 AM
$DXY Geometric Daily Chart Model
Below is the geometric model for the US Dollar. I’ve provided a close up image and a regular image with chart link.
The most important areas of trade structure are the red, orange, blue, yellow triangles.
The chart needs a significant reset, but for now we are watching the structure of the red triangle to see how it concludes.
Close up of Geometric Algorithmic Model for US Dollar Index $DXY.
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.
US Dollar $DXY touched 200 MA on daily and backed off. Geometric model charting.
Conventional Charting Considerations:
US Dollar over 50 MA on its way to 200 MA resistance on Weekly Chart. $DXY $UUP
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.
$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
April 9 – $DXY Daily chart range trade stuck with MACD indecisive. $UUP
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