Day 417: Don’t mess with the Dollar

Profit: $5.36 Profit: $1,108.27

The dollar continues to impress the market with it’s continuation in rally. The Friday ended with a strong finish by the dollar as it broke supports for multiple pairs. This week was truly dollar’s week despite any strong support data.

I rode the dollar rally once momentum kicked it. The dollar killed it this week and I’m expecting some sort of pullback next week but it looks like the bullish trend is pretty strong. I’m guessing the market anticipates the Feds to make moves soon.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s