Hello traders,
Most traders stay focused on stocks, perhaps dabbling in futures or crypto, but they barely pay attention to currencies, especially the US dollar.
Honestly, that surprises me. Currently, the dollar is positioned at one of the most interesting points on the chart that I have seen in years.
I just filmed a video below where I break down exactly why the dollar deserves your full attention.
I will walk you through the technical crossroads we are at, the bigger trends that still drive this market, and why this might be the best time to start caring about forex if you usually skip it.
I turned panic into profit, timing shorts on crude and catching the rebound in airlines – all by simply letting fear do the heavy lifting. This is how real edges are made.
People tend to forget just how powerful currency trends can be. When the dollar decides to move, it does not tiptoe. It grinds higher or lower in long waves that can quietly accumulate substantial returns for anyone positioned early.
Meanwhile, most traders are too busy chasing stories somewhere else.
But there is also real pressure building against the dollar right now. US debt is ballooning, spending is rising rapidly, and fundamentally, this weighs on the value of the US dollar. At the same time, if you look closely at the chart, it is signaling that a bounce could be just around the corner.
In the video, I show you exactly which zones I am watching, how interest rate expectations might flip the script, and why we could either be looking at a sharp rally or a much deeper fall.
If you trade stocks, futures, commodities, or even crypto, you need to have an eye on the dollar.
Check it out here and see precisely why I am so focused on the dollar at this moment.
It quietly drives so much of what happens across all these markets. I see too many traders get blindsided simply because they ignore it, then wonder why their positions get whipped around when the dollar finally moves.
Additionally, the recent jobs report could rewrite the market narrative, potentially shaking up rates and sentiment simultaneously. I’m laying out exactly how I’m preparing to stay sharp and seize the next move.
If you want to see how I analyze this market, where the biggest traps and best opportunities might be setting up, and how I plan to trade it, go watch the video.
It is concise, clear, and packed with insights you can apply immediately.
See you in the next one.
Imre Gams
Editor, The Trading Room