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TFC Commodity Trading Forum

Re: US dollar - DXU12/TJC
In Response To: Re: US dollar - DXU12 ()

Hi TJC,
Just saw your post.
I have been waiting to short the Euro as well but have been waiting for it to break below 1.24.

I just "don't like those big round numbers" sometimes they will hold a "surprise" !!!!

You mentioned %R, I assume you mean Williams %R. If so, what settings do you use.
I only have a choice of "length" which is now set at 10 and I assume length refers to bars.

On a 1min. chart of Ec it swings nearly full range (looks like 0 down to -100) on only about 3 ticks.
Some time ago I gave up on it for the night, then forgot about it. Any advice, comments would be apprecated. It does seem to react quickly if you learn how to intrepret/use it !!!!

Ec now at 1.2409 - it just won't roll over and die !!!!

Thanks, Lee