Courtesy of Read the Ticker
The US dollar (DXY) trend review using parallel channels.
Interesting how Parallel channels tells the tail of major support and resistance. Readtheticker.com has the tools to do this with ease.
Investing Quotes…
.."Without specific, clear, and tested rules, speculators do not have any real chance of success"..
Jesse Livermore
Unless you can watch your stock holding decline by 50 per cent without becoming panic stricken, you should not be in the stock market.
Warren Buffett
..“It’s not what you own that will send you bust but what you owe.”..
Anon
.."Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs"..
George Soros
..“The main purpose of the stock market is to make fools of as many men as possible”..
Bernard Baruch