March 1, 2012
- in Uncategorized by schooloftrade
Dollar index Day trading strategy up-date 10:30am
THE DOLLAR INDEX is trading off the highs and falling very
sluggishly to the support levels below. The
rest of the markets are pushing new higher-highs and when the dollar index tests
these major support levels below us we will look for the new higher-highs to
FAIL and then sell them as they come back down.
sluggishly to the support levels below. The
rest of the markets are pushing new higher-highs and when the dollar index tests
these major support levels below us we will look for the new higher-highs to
FAIL and then sell them as they come back down.
The key will be to get the dollar index to BOUNCE off this
support, and when it does we will sell the higher-highs on E-Mini-Russell, gold
futures, euro, crude oil, etc.
support, and when it does we will sell the higher-highs on E-Mini-Russell, gold
futures, euro, crude oil, etc.
If the dollar index moves right through support
we then will keep buying pullbacks with new higher-highs according to our
trading plan.
