[00:01] money in the markets by trading for or against the US economy? In fact, that's what I've been doing for the past month, and we can do it through an index called the DXI, better known as the [00:14] dollar index. Hello everyone, investors! I hope you are all doing very well. Well, as I mentioned in the introduction, there is an index called the DXI that measures the strength of the [00:27] US dollar against six other major currencies, such as the euro, the pound, and the yen. Through this index we measure how strong the US dollar is against other currencies, giving us an [00:41] the US economy is relative to other countries. And this may seem like a very simple concept, but in reality, many investors see and analyze it because basically, the decisions and economic data that [00:55] come out on a daily basis directly impact this index, and what happens with this index is then reflected, for better or worse, in other assets. For example, Bitcoin usually reacts in a way that is the opposite of how [01:07] this index does. If the index falls, Bitcoin usually rises, and if the index rises, Bitcoin usually falls. In the last month I was trading this index and we see that I made 46 orders, which gave me a net profit of $130. Remember that in [01:21] this specific account I am only operating with $1,000. I don't use all the to carry out my operations. And we see that of these orders, 38 were profitable and eight were loss-making. which generated those $130 for us. A very [01:35] good result. If we could maintain it long- term it would be excellent, but the truth is that it was a good month. Imagine that it was a 13% monthly return. Maybe imagine if we did it with $10,000 or $ 100,000. Obviously, earning $1,300 or [01:50] $1,000 in a month is a huge amount of capital. Below we see how the performance was trading volume and capital. Right now, right here on this platform we are looking at the D index and this is where we trade it. The platform in question is [02:04] Exess; it's the platform we use to trade all these types of assets, not , but also because it works very well and is very secure. And here we see how the pattern is formed. Basically, we need to understand one thing. When the price [02:18] is above 100, it means that the US dollar is stronger than the while if it is below 100, it means that it is weaker understand about this index is that it is a direct measure of the strength of the [02:33] US dollar, which is why it is called the dollar index. And the economic data that comes out in the United States, day after day, will directly impact its price. Notice that here at Exnes they tell us when [02:45] example, if I look here, data came out yesterday on the inflation rate in the United States, core inflation and so on, and right there we have very strong movements. Inflation was lower than expected, [02:59] because the US Federal Reserve has no need to raise rates to calm inflation, it is already calming down on its own. Therefore, this index tends to fall in response to lower rates. Because? Well, [03:12] but what you need to understand is precisely that. The data that comes out directly impacts this index, and we can trade on that. Notice that another one just happened here where we have the PPI which also [03:26] turned out to be lower than the market expected and we also had the , data which were also more positive than the market expected and the index started to fall again. Now, the way I explained to you how to [03:39] operate in another video was through the Fair Value Gap, which consists of going to look for those areas where the price moved very quickly and left pending orders. In this index, that happens a lot after each news item. Look at this [03:51] sharply and then recovered to go and find those orders. So, if we had opened an order in this area, we could easily have taken advantage of this drop. And the same thing happens repeatedly. It [04:04] falls here, it goes back to that area. Here we have a space where there is directly a gap, a blank space. It's obvious that there were pending orders and then he comes back here to look for it. It falls sharply again , then recovers its [04:16] price. We can always position ourselves in those movements to make a profit. The same thing happened again here yesterday. The price recovered again; profit. And now he's doing the same thing again. We could [04:29] position ourselves in this area here to take a profit when the price falls again. That's the way I 've been operating for quite some time now, and it's yielding very good results. Now I'm going to show you how to place an order [04:42] take advantage of these movements every time they happen. And I'm going to can do it yourselves, all for free. There's no need to go to different pages to look for the data, because within [04:55] Exnes, look at the economic calendar below where we can see what dates the different types of data will be released and from which country. If, for example, I put in this week's high-impact data from the United States [05:07] data that came out at the specific time and what the results were. I can even see that tomorrow there will be more manufacturing index data from the or something very important, initial [05:21] jobless claims. All of that high- impact data affects the price of that index, and we can take advantage of that to make money. Remember that we do all of this you can register directly from the link I leave below in the [05:34] description or in the pinned comment, or by scanning the QR code that video descriptions, I always include a bot link in addition to the registration link so you can log in and get discounts on commissions for [05:47] operating within the platform. Just click on that link and it you have to start. He's going to ask them a couple of questions and then discount. If they don't have an account, he'll [05:59] create one, and then he'll add them directly to that group. If you already have the can also join the VIP group where we'll be sharing tutorial videos to help you take your first steps, not only with [06:13] leave the videos above so you know how to add money, how to open your first trades, and so on), but also how to do your first Japanese candlesticks to this strategy that I'll explain how to do. They'll have [06:27] all the videos inside that VIP group completely free. then if you want to follow more economic data that I share in my stories, you can follow me on my Instagram account where I occasionally [06:40] upload about four stories a month with this important data and going to show you how to place an order so you too can use this strategy on DXC. For example, what we were seeing here is [06:52] that after very strong movements or directly from gaps, which are empty spaces where there is no price quote, the asset returns to that zone to example, this sharp drop here, then it went looking for it with this [07:06] pullback and grabbed all those hanging orders. So that? Well, then we could have another move in the same direction, which is where we could example, what happened now was that some data came out down here and we see that the [07:19] price moved to this area, that is, the price went down. What we're going to do is place a sell order right here in this area, because obviously everything is never exact; you have to look for areas and not [07:32] exact prices to open a short position. In other words, we'll make money when the price we're not in this zone yet, what we're going to do is put here where it says "sell" and select "pending". This will allow us to drag this order to [07:45] sell limit. Now what we're going to do is place a stop loss. Always remember to trade with a stop-loss and we'll move it above this told you before, not everything is exact. So, the price may bounce and [07:59] move a little around this area here. It will even go looking for these stop-loss orders that people place because they are specifically looking for those hanging orders. have an area that has not yet been searched, therefore we should move [08:12] this particular case. Well, it won't always be like that. And then a take happy, which can be below the previous zone or even not so much profit ratio of 21. So, let's leave it more or less around here. This [08:27] n't change so much would be the stop loss, so as not to interfere with our emotions. But look, we would already be losing $ if our order is wrong and $ if we are right with the move. If it [08:41] do is increase the size of our position a little here where it says volume to our liking. For example, if I raise it to 0.02 lots, in this case I gain six and lose four. And if I raise it to 003, I gain nine or lose [08:56] six. Okay, in this case we'll leave it at 0.05 to lose 11 and gain 15. And we simply click the button that says "I confirm the selling limit at 0.05 lots" and the order is placed. I'm already in the market or paying something, I have [09:09] n't paid anything yet. If I want, I can cancel it right here. When will this Well, when the price pulls back and touches this point here. Only then do we start making money if the price goes down, or we start [09:22] losing money if the price goes up. Because? Because it's a sales order. the price goes up, I would have to place a buy order, like the one we have here. If I select market, it will open immediately . And if I select pending, [09:35] I can move to where I want the order to open when the price reaches will also be a pullback to this buy order right now immediately. Yes. And I can set the take profit at the [09:49] triggered, and the stop loss a little further back where I think it won't go. This is also part of the strategy because I think it's going to go back to that point. So I see this as a bit riskier because in [10:02] market instead of waiting for an entry point with confirmation. So in little smaller, but only 0.03 lots. If I win, I win 3, and if I lose, I win 2.60. [10:14] And I confirm the order, and there I already have both an upward movement to make money when it goes up, and if it turns out correctly, it will open another position to catch the downward movement and make money too. Many people [10:26] commissions in these cases?" Notice that if I click "buy" down here on the right, it will tell me all the costs of making this type of transaction. Where I'm trading roughly $3,000 in volume, it's only going to charge me [10:38] 39 cents, very, very little, which is already being for example, you can see that it says 54.50 cents in negative. Well, it already takes into account [10:50] those 39 cents it cost me to open it. Therefore, if this starts to go positive and starts to be 10 cents positive, positive, 5 cents positive, those 39 cents that it cost me to open it are already discounted. That makes it [11:03] we are already in profit or not. And that's why many times you'll open it and as soon as you enter you're already a little bit in the negative and not in the positive. And that's because it's already telling you the fees it cost to open it from the beginning. So [11:16] pure and simple profit; you don't have to deduct commissions things and details later in those get by joining the VIP group through the Telegram bots I [11:31] Simply click on those links and it will take you there. It's super intuitive. If you'd like me to real-time trading with this emerging data— economic data, how we see it on the calendar, our expectations, and [11:44] leave a comment below, and I'll bring it all to you completely free. I love teaching them this way. Remember that we Exnes platform, and you can create your account using the links I've included in the [11:58] also included on the screen. You can also find all the links in the comment that appears. I hope you enjoyed the video and found it helpful. If so, please support me by liking it, [12:12] subscribing to the channel, and turning on notifications so YouTube will let you know See you in the next video. Goodbye, Crypto Trader.