Market Outlook: USDX, Indices, Yen Pairs, and Cryptos ( up to November 8, 2024)
USDX- Turning higher
INDICES - Up & Bullish
YEN Pairs- Lower and Turning Down
CRYPTOS- Turning Up
INDICES
Daily - Bullish
Weekly- Bullish
Monthly- Bullish
USDX
Daily- Bearish
Weekly- Bullish
Monthly- Bearish
YEN Pairs
Daily- Turning Lower
Weekly- Bullish
Monthly- Bullish
Long-Term- in Daily
Buying- Indices (in the correction)
Buying- XAU and XAG Bullish (in the correction)
Sell- USDX( in the up correction)
Do not Sell Indices
Do not Sell Yen Pairs
Do not Sell Precious Metals
Do not Buy USDX
The best trade is when we have two or more alignments in a row. And the instrument has a bullish structure:
Exp: Instrument In ( H4,D,W)
We can buy in H4 / in (3,7,11) swings when the correction is complete
H4- right side up
D- right side up
W- right side down
Never risk more than 2% capital per trade and use Position Size Calculator to manage your capital and Risk Reward Calculator for calculating win loss ratio properly.