11/11/2015 – US Dollar

Issued: 11/09/2015

December dollar index:

1. Continued hourly and especially daily closes below $99.55 indicate a tradable decline and test/attempt at $98.60 (or lower) into later this week (week of November 9). Today’s session closed at $99.11.

2. Once short, a protective buy stop should be placed at $99.65. This stop will be lowered as the market continues to confirm. Will update.

David Williams

Issued: 11/10/2015

December dollar index:

1. Our previous December dollar index report noted that continued hourly and especially daily closes below $99.55 would indicate a tradable decline and test/attempt at $98.60 (or lower) into later this week (week of November 9).

2. Today’s (Tuesday, November 10) December US dollar index tested the critical $99.55 selling territory and closed the session below that level (today’s daily close, $99.27). Short entries from at/near $99.55 should exit a portion of their position at current prices. Others should exit initial positions at an equivalent amount lower based upon their entry price.

3. Our protective buy stop remains at $99.65. This stop will be lowered as the market continues to confirm. Will update.

David Williams

Issued: 11/11/2015

December dollar index:

1. Our previous December dollar index report noted that continued hourly and especially daily closes below $99.55 would indicate a tradable decline and test/attempt at $98.60 (or lower) into later this week (week of November 9).

2. Tuesday’s, November 10 December US dollar index tested the critical $99.55 selling territory and closed below that level. Short entries from either $99.55 or lower exited initial positions with an approximate 25 pip gain.

3. Further short position exit should be taken at current prices (current price, $98.86). Final short position exit should be taken at/near $98.65.

3. Our protective buy stop has been lowered to $99.43. This stop will be lowered as the market continues to confirm. Will update.

David Williams

Issued: 11/12/2015

December dollar index:

1. Our previous December dollar index report forecast that continued hourly and especially daily closes below $99.55 would indicate a tradable decline and test/attempt at $98.60 (or lower) into later this week (week of November 9).

2. Tuesday’s, November 10 December US dollar index tested the critical $99.55 selling territory and closed below that level. Short entries from either $99.55 or lower exited initial positions with an approximate 25 pip gain.

3. Further short position exit was taken yesterday (Wednesday, November 11) at $98.86).

4. Our final short position exit was completed today at $98.65 (today’s session low, $98.61, so far). This successfully completes the trade. Will message any further entry or indication in the December US dollar index.

David Williams