I’ll have to get into the indices at some point.
@AmericanTrader I don’t trade the indices, I use them as a cross reference points for the EUR/USD trades.
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Interesting. Have you been doing that for a while?
About 6 months. If they DXY moves in either direction it’s more or less refelected at the same time on the EUR/USD for example in the opposite direction. You can even see on a candle by candle basis on 10 sec/1 minute charts for scalping.
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Nice info. You watch it on TradingView?
Yes on TradingView Just get the DXY feed on there from Capital com, don’t rely on the USD/EUR feed as it’s too slow.
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Thanks so much, rock.
I bookmarked your comment so I can get back to it when I’m looking at more of the 1M trading.
Hi dastultz.
Thank you so much. What is the name of the indicator, as I can’t find it on TV?
Thank you again in advance and thanks @AmericanTrader
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Thank you so much
Closed trade.
If 1h trend still looks good after this pullback, I’ll look to get back in on a buy.
Hi, good morning
I have two questions:
1)how you select which pair to follow?
and 2) do you use the same setings?
@FedeRomero
The original strategy is unchanged. Although it works very well on Eur/Usd, it also has potential to work on other pairs, and we have BP members who are using it on other pairs successfully.
Friday, I posted some settings that were working for me on Chf/Jpy and Eur/Jpy for 1M and 5M timeframes.
**Personally, I just made a small 5 pips between Chf/Jpy and Eur/Jpy and have a pending Buy order on Eur/Usd that will kick in if price bounces off the support its currently sitting on.
thanks man