[Week 02 - 2021] Trades Recap and Trade Setups

Good week Traders,

Friday's Non-farm payroll weak report was shrugged off by the market as everyone is eyeing on the stimulus talk. The dollars weakness has boosted the equities even higher (record high!). Now let's not forget about BITCOIN. As the FEDs print more money, people are skeptical of the US dollar strength and rushed to pour into bitcoin, resulting in a high of $40K USD. Simply amazing.

Dollar Index (DXY)

Analysis 50-1

Short position reached Take Profit-1 level where we announced to close / partial / risk free.