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IvanLabrie
Mar 5, 2017 4:57 PM

DXY: Potentially a short here 做空

U.S. Dollar Currency IndexTVC

描述

You can try averaging into a short position during the next 3 days, risking 3 average ranges from the last closing price, or, risk taking a tighter stop trade, ideally above 101.75 (but you could start with a half position at market).

The dollar appears to be at a significant intermediate term top, but it could also remain sideways. It's worth a try in this particular juncture.
Long EEM, long Canadian dollar, Aussie, Pound, Euro, are probably good ideas. Short oil as a pair against CAD...quite a few proxies for this.
These trades serve as a nice hedge to long US equities exposure too, at the same time.

Good luck,

Ivan Labrie.

评论

Conservative stop held, acting well.

评论

You can hold it with a break even stop, taking partial profits is ok.
评论
jojofang0901
Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.
IvanLabrie
@jojofang0901, thanks for your comments and good luck!
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