#TSOT - #USDX - #ICE - Alternate Trade Strategy

DX Trade Reference 5.11.16

DX Futures contracts are used as alternative trade strategies along with CABLE earlier position to arbitrary hedge and protect gains accumulatively made from its daily corrective move from the 93.77 resting at the Advance / Decline Line support, projected upward direction. A long trade position well calculated against its probable decline. Click chart to enlarge.

The isolated market reaction identified where Cable's upward move above the 1.4600 is contrary with the Euro's the  decline back towards the 1.1180 low. While GBPUSD is concurrently moving in line with the US Dollar direction with minor setbacks during the US session.  As this is a typical strategy applied well to simply carry a protective position against any unexpected pullback from the GBPEUR Cross trade as our 2nd alternative trade. Likewise, the third (3rd) swing from a USD decline alignment when it marked a 91.90 basis point low turning point as a price reversal was a huge factor for this trade.