DXY US Dollar Algorithm Model Charting Report Thursday July 12, 2018 $DXY $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 Group. 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.
Notices:
Feature Post with Charting: How to Trade the US Dollar Index Move (Part 1) $DXY $UUP #USD #trading #chart #algorithm
US Dollar Index (DXY) Algorithm. 30 Minute Chart Model $DXY $UUP
US Dollar Index (DXY). Above 200 MA in an upturn on daytrading 30 Min Chart Model. July 12 901 PM $DXY $UUP #algorithm #chart
The mid quad 94.87 area is an important resistance point.
US Dollar Index (DXY). Under pressure from 200 MA on 30 Min Chart Model.June 26 321 AM $DXY $UUP #algorithm #chart
$DXY Geometric Daily Algorithm Chart Model
US Dollar Index (DXY) Algorithm. Above light blue structure resistance is the orange structure on chart. July 12 949 PM #algorithm $DXY #Chart
US Dollar Index (DXY) Algorithm. Structure in play. Trade in geometric structure (light blue). #algorithm $DXY #Chart
Per recent;
US Dollar Index (DXY). Geometric algorithm chart model magnified ith test structure. $DXY #Algorithm #Dollar
US Dollar Index (DXY). Algorithm structure in play on daily chart. Trade inside geometric structure (red). #algorithm $DXY #Chart
Per recent;
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.
https://www.tradingview.com/chart/DXY/GD3huNnE-DXY-Geometric-Model/
Per recent;
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.
Conventional Charting Considerations:
July 12 – US Dollar Index (DXY) Chart. Trade continues to pressure 200 MA on weekly chart. #chart $DXY #Dollar
June 25 – No significant structural change to Weekly chart – refer to previous report link below.
Per recent;
US Dollar Index (DXY) Chart. Trade came under pressure at 200 MA on weekly chart as we expected. #chart $DXY #Dollar
Per recent;
US Dollar over 50 MA on its way to 200 MA resistance on Weekly Chart. $DXY $UUP
Per recent;
Bull bear fight is on with dollar closing the week at the 50 MA. Watch that close. $DXY $UUP
Per recent;
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
US Dollar News:
Trump’s trade war is undercutting his hopes for the dollar https://finance.yahoo.com/news/trumps-trade-war-undercutting-hopes-dollar-152345957.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
Dollar falls vs yen as trade disputes intensify, yuan at 6-month lows
Dollar falls vs yen as trade disputes intensify, yuan at 6-month lows https://t.co/kSEM7pvFov
— $DXY US Dollar Algo (@dxyusd_index) June 26, 2018
Best with your trades and look forward to seeing you in the room!
$DXY US Dollar Algo
Article Topics: $DXY, Trading, USD, DXY, Dollar, Algorithm, $UUP, Chart