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FXCodeBase has a custom indicator for Marketscope that mimics the USD Index. I have attached the indicator to this post. Full technical details can be found on the FXCodeBase website here http://www.fxcodebase.com/code/viewt...t=dollar+index

A very important note from FXCodeBase:

"Please, note, that you must be subscribed for all instruments required to calculation: EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/SEK and USD/CHF. If at least one of the instruments is not subscribed, the indicator fails!"

So USD/SEK has to be added to the dealing rates window for this indicator to work since it is pulling data from the dealing rates window currency pairs. The indicator does a pretty good job of ...

Attached Files

• USDX.lua (8.0 KB, 231 次查看)

What an active market we had Friday New York with the triple witching hour, Gold dropping $22 in minutes along with other things, wow. Well as today opened in London we technically found ourselves standing in the middle of the highway on many Forex pairings. Where we had clearly broken support or resistance on a pair, yet definitely not yet reached the next area of support or resistance. Without knowing where to look for our next meal, in class we started looking to correlations for our clue train. In this video I show why we ended up settling mainly with the British Pound for some short term counter trend play. In this setup we use clues from the EUR/GBP pairing, the USD Index, simple price action (higher lows etc.), Fibonacci pullback zones, ...

Volatility tonight was the theme, with a little buying off support in the early London session, followed by some swift selling at the first level of dynamic resistance to continue the moves already in play prior to London.

In this video I focus on the tail end of the London session, and how we planned and then executed a continuation entry on a EUR/JPY short using things such as Macd, stochastic divergence, the USD index, Gold, role reversal, and time of day. As of the making of this video the trade has made a very short term double bottom at the 30′ish pip profit range, so whether one chose to scalp this or let it ride was a personal choice. There is no telling if this trade will ultimately turn out to be extremely profitable, ...

Now that global recovery is gaining momentum, according to the pundits, and risk appetite is back on the table, maybe the US dollar index is due for correction:

[see graph below]

Today, the dollar is testing the uptrend line going back to early December ’09; that’s when this rally began.

No doubt near-term the risk appetite train, and all its tight correlations strapped to it, may hit the buck. But the game may have changed on the correlation front. Already we have seen a bit of breakdown between the dollar and the stock market. Interestingly, given the big run up in stocks on Friday, gold prices were flat. Maybe Mr. Market is telling us he isn’t going to make it so “easy” for us to discern tight ...

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