Here is The USD via The PowerShares DB US Dollar Bullish Fund (Symbol: UUP).
UUP is based on the Deutsche Bank Long US Dollar Index (USDX®) Futures Index™ (DB Long USD Futures Index), The Index, which is managed by DB Commodity Services LLC, is a rules-based index composed solely of long USDX® futures contracts. The USDX® futures contract is designed to replicate the performance of being long the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
Short on a daily basis with the stop at 22.06 near the 50% retracement of the 22.30 – 21.79 move.
Short on a weekly basis with the stop up 3.4% of the close.
Technical Analysis of the Financials Markets, Swing Trading Speculation
Hi, these are just ideas not recommendations, sometimes I trade my ideas, sometimes I don’t.
Always remember, yours is the responsibility for your trades,
Good luck,
Erick
Always remember, yours is the responsibility for your trades,
Good luck,
Erick
Sunday, February 26, 2012
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- Erick Stern
- From the Dominican Republic - Swing Trader Speculator - Civil Engineer/Project Manager - sternloinaz@gmail.com
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