I’m still looking at shorts in the dollar. Here’s how the gold, crude, euro, pound, and yen factor in.
One of the best things I’ve ever done for my trading is to follow a clear plan and try to let my emotions not get the best of me. There are dozens of daily charts that we can discuss this plan against and how we should be following it into tomorrow.
This is how I have my portfolio positioned and what I’m looking for tomorrow.
The FOMC will trigger volatility across U.S. dollar pairs, gold, and more. Here is my game plan.
I know it may not be the most popular thought right now, and we do have to acknowledge a wealth of resistance overhead, but there are a few signals that suggest we’re not going to take out the recent lows. Let’s look at both sides and be prepared to trade whatever Tuesday brings us.
With follow-through in the euro, pound, gold, crude, and dollar … what is the danger now? The daily chop. Here’s how I will continue to handle it.
Although that’s not meant to be a tongue twister, there is a very easy rule of thumb to follow when things don’t seem to be doing what they are supposed to.