That looks like the Dollar Index futures. The difference you see might be the cash index vs the futures.
And what do you knowā¦
Thanks guys, went short with it, other confluences too of course, wouldnāt have got it without your help with it this week.
London Express here i come, i mean off we go 
Are you short too?
Yes Sir although my entry was a bit too hasty and not the best at all short @1.3080, which i thought support broken will hold as resistance the first time around, but it just shot back in to 1.3100 level which would have been an ideal shortā¦, I was wrong, but in profit
Guess we took pretty much the same trade 
Iām short from 1.3090. How low do you think we are going to go today?
And like Michael says; āItās not about being right, itās about being profitable!ā
could you explain your reflection in there? i dont seem to get it.
edit: nevermind, i see it
It donāt matter whoās in or whoās not, there are many reasons why one might be in a trade or not, maybe for the wrong reasons, maybe for different reasons, maybe Iām flat, maybe Iām in, the most important thing is to learn and share it, just like Iāve done this week, Iāve asked, Iāve studied, Iāve learnt, and Iāve shared. And by doing that YOU WILL make money, forget about the making money and that just learn this stuff, the money will come to you, it don;t matter what anyone else is trading.
Besides, quoting trades can be very confusing, Iām not saying donāt do it, but do you get where Iām coming from.
Everyone else got it? Place your Fib from the short term high to the swing low, then move it so that the OTE is at the short term high.
EDIT:
What a revelation
So if youāre aggressively short from 1.3090 - 92 say, you can use it to place your stop just above the level, Oh neat, that is something to consider many times after you put a trade on.
i was just confused because you pulled āfrom bottom left to the top rightā, indicated by the dotted line. if you place it at the high and pull it to the low, it should be the other way around.
Took the same, but was a bit worried this morning when we made that higher high [SMT divergence I gues :)] (I kinda figuered weāre retest the high during Asia, so I didnt move my stop, another good lesson in letting price do its thing before rushing in to move the stops!)
Half off at the 1.3060 level, lets see how far this thing is willing to move!
I wish I had taken the Cable trade, literally 2 seconds after I opened this Fiber trade I slapped myself 
Cable, where did it go? Right into that OTE sweet spot I had NOTED on the chart! (check some of my old posts, 1.6170, 70.5% retracement of the full range weāre currently working within!)
Oh well! This could be the icing on the cake for this week. Nice time to close it out for the year!
By no means a āperfectā week, but that loss yesterday has already been covered
Reflection - easier to just add 1/0.705 to the Fib toll
Aye, do you know, it confuses me sometimes, I have a totally different Fib on this computer as I do the other, and I keep pulling them the wrong, but I sort of got used to it, but I must get round to making them both right.
In the true spirit of Christmas -[B] Oh no itās not :D[/B]
With Michael he is pretty much all the time right just not to the pip and that why he says that with me itās a little more like being a little right and mostly wrong i am trying to improve though.
Ideal entry though would have been selling right in to that bearish 1.3100 candle, thatās big stones entry as thought by Chris Lori.
With regards to exit, only going by what Michael thought in his latest plan development series. Time and price theory.
Fib extensions, S/R ect.
So i will hold the trade up until 15:00 gmt where i will take the lions portion of the trade, however 1.3044 which converges with 127 ext seems like a good area to take something out and hold the rest. Possibly 1.3020 as ultimate downside objective
What do you think PPFX?
how come everyone seems to be short today? and entered with reflection without a break in MS (not even m5, but thatās the nature of reflection, i know). i just feel pretty stupid, seems that everyone is getting it except me. if i ever use reflection, i get burned. but lately also when i use ote in line with MS, i get burned as wellā¦ and everytime i read about trades by you guys iām thinking āwtf? why would they be in this trade right now, much too risky, doesnāt make senseā, and obviously iām not in the trade. and yet, you guys seem to be always right (which in like 70% of the trades i read here seem to be just nuts for me, because as i said, they donāt make sense to me). yet you are the winnersā¦ phew, trading is really kicking my balls lately
Nice one, I took the short based on the Fib noted above 5-7th Dec, 79% was at a good level for stops to be, hence why I wasnāt looking to get short before these had been taken. Although itās nice to call a nice entry, a lot less stressful to wait for the retest.
I didnāt take any partial just yet as I waited 6 days to get in on this and wanted to make it worth the wait, plus I think I manage too aggressively once in. I nearly moved the 20 pip stop last night and Iām glad I didnāt as I would have been stopped this morning. Looking forward to 10GMT so I can see where we stand as not overly convinced just yetā¦
The break on the daily structure on the 7th is what had me stalking that level.
Like TommyL, I was short from last night, in the hope that Uncle Ben would cause some havoc after that massive rally to take out all the stops at 1.3090. We didnt quite get the reaction I was hoping for (I wanted more of a Cable reaction to the tune of say 40 pips slide), but I left the trade open with SL in original place as I figured weād probably retest before dropping lower.
We seem to be stalled now, so maybe we are going higher, who knows! I dont really like trading during these times when the market doesnt āobeyā the rules (making new highs on Thursday just isnt on when no low was made on Tuesday LOL)
But seeing as Cable and Fiber are diverging, maybe we are in for more downsideā¦ Wouldnt be the first time my analysis is wrong though
Yeah, with that reflection, you would have possibly got in at 3100.
Holding on to 15:00 is always a good plan, you can forget all about it until then, I ended up closing the rest of my trade on Tuesday London Close when I said I was going to leave it until Wednesday, thinking, there will probably be a little pullback so I can get in again on Tuesday LO, didnāt get he chance, it might have been there, but I didnāt take it, same with a day trade, just leave it until London close, save you trying to be clever at NY open like the kind of thing I did.
But hey Iām not used to 100 PIP trades, if Iād have left it like I said I was going to I would have been another 100, BAD DISCIPLINE
Well, I can tell you why I went short, but Iām very new to this, so it might be for all the wrong reasonsā¦
We had SMT divergence between the fiber and cable. Fiber making higher highs than yesterday, cable not doing that at all. Both the fiber and the cable traded right into an OTE short just after LO, and then I took the short tradeā¦
I also think the USDX might go back and re-test that 80.00 level.
That was my reasonsā¦ Donāt know if they are correct at all, but Iām trying to learn the best I can!