Dollar index is pretty strong that the consolidation will be completed with another higher high created soon.
Fundamentals:
1. Better-than-expected job data released last Friday. Service sector recovered fast thanks to the vaccination progress.
2. Strong weekly economic data, WEI
Technical:
1. Solid demand structure with flip & momentum
2. inevitable golden cross of my long term MA and short term one.
Opportunities:
1. Look for short setup of mirror of the dollar index- EURUSD.
2. Commodities, such as gold or silver might be weaken. Rebound might be terminated and we should look for signals on small timeframes .
3. stock buying opportunities, e.g. financial companies. , JPM
We're living in the correlated world which everything has a connection. The expectation of future economic growth and dollar might give us a clue to other assets. Hence, we increase our odds to trade those stuff.
This is my raw trading plan which is subjected to fine-tune. What about yours?
Give me a like and follow if you think my idea is useful.
Fundamentals:
1. Better-than-expected job data released last Friday. Service sector recovered fast thanks to the vaccination progress.
2. Strong weekly economic data, WEI
Technical:
1. Solid demand structure with flip & momentum
2. inevitable golden cross of my long term MA and short term one.
Opportunities:
1. Look for short setup of mirror of the dollar index- EURUSD.
2. Commodities, such as gold or silver might be weaken. Rebound might be terminated and we should look for signals on small timeframes .
3. stock buying opportunities, e.g. financial companies. , JPM
We're living in the correlated world which everything has a connection. The expectation of future economic growth and dollar might give us a clue to other assets. Hence, we increase our odds to trade those stuff.
This is my raw trading plan which is subjected to fine-tune. What about yours?
Give me a like and follow if you think my idea is useful.
plan your trade and trade your plan
