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$UUP $DXY / $PDBC , $CL_F , $GC_F
Macro View of the market & my personal thoughts.
Macro View of the market & my personal thoughts.
( $UUP quarterly hammer = bullish bias)
A strengthening dollar is NOT good for the commodities industry & UUP was predictive from 2018 into the crash of commodities prices.
And in 2020 UUP marked the bottom for commodities with as the Covid crisis came underway.
A strengthening dollar is NOT good for the commodities industry & UUP was predictive from 2018 into the crash of commodities prices.
And in 2020 UUP marked the bottom for commodities with as the Covid crisis came underway.
As we're approaching the new quarter & month $UUP is attempting to put in a bullish hammer that would proceed in the direction of the yearly: the failed 2 going 3
Potentially signaling a mid-term top in commodities or at least a large part of the 'basket'.
Potentially signaling a mid-term top in commodities or at least a large part of the 'basket'.
WTF are those numbers on your charts @AlexsOptions ? Why are you saying that's the bottom?
What's a rev strat?
2-2 reversal? Looks like candles to me...
Pffft broadening formations? I want what you're smoking.
Any of my followers with those thoughts just read... #TheStrat
What's a rev strat?
2-2 reversal? Looks like candles to me...
Pffft broadening formations? I want what you're smoking.
Any of my followers with those thoughts just read... #TheStrat
What is TheStrat? It's @RobInTheBlack 's strategy he's developed over many years that uses 3 fundamental truths in price action. These are important because price CANNOT trade outside of the rules we're going to talk about meaning we know EXACTLY what is happening.
3 Types of Candles (The funky numbers)
From 1 bar to the next only 3 things can happen (named as listed)
1: Inside bar
2: Break of previous high or low
3: Break of previous high AND low
This is important because knowing there's a finite amount of candles means...
From 1 bar to the next only 3 things can happen (named as listed)
1: Inside bar
2: Break of previous high or low
3: Break of previous high AND low
This is important because knowing there's a finite amount of candles means...
