How I Use The Dollar Index (DXY) To Make More Money Trading

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  • Опубліковано 31 тра 2024
  • The Dollar Index (DXY) can be very useful in understanding market directions and saving you from losing trades - here's how I use it and how you can use it too to make more money in your trading!
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    📚 My FREE Course: jeafx.com/wynw-optin
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    Chapters:
    00:00 - Introduction
    00:16 - What is the Dollar Index?
    00:53 - Dollar Index Correlations
    01:27 - How I use the DXY to my advantage
    08:10 - Conclusion
    -----
    My name is James ~ i am a forex trader & coach teaching you how to become a better trader, win more trades, make money trading forex and master trading psychology.
    If you want to master forex trading & learn the best price action strategies, subscribe & connect with me below;
    💌 Follow me on Instagram: / jeafx_
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КОМЕНТАРІ • 53

  • @ChouaibiHoussem
    @ChouaibiHoussem Рік тому +11

    Totally agree ✌ I m using dxy for most of my trades. Most of the time , i open positions based on dollar index s movement , and it s working fine.

  • @user-kw2ke4ri4j
    @user-kw2ke4ri4j 3 місяці тому +1

    just wow, i love the way you explained it

  • @MalaaKurdi
    @MalaaKurdi 4 місяці тому

    Very informative, thank you.

  • @simojovic6358
    @simojovic6358 4 місяці тому

    Great video bro!

  • @johnboscochigoziem6921
    @johnboscochigoziem6921 11 місяців тому +1

    The best video I've seen today. Thanks man

  • @seyiakins2932
    @seyiakins2932 Рік тому +4

    I must confess, you are the best trader I have ever come across

    • @Fred_Alan
      @Fred_Alan Рік тому +1

      Do you already have his trading course?

    • @seyiakins2932
      @seyiakins2932 Рік тому

      @@Fred_Alan not yet but I have been going through his UA-cam video and it has improved my trading skill alot. Am planning to join the academy very soon

  • @wisdomgabriel8480
    @wisdomgabriel8480 Рік тому +1

    I've been waiting for an upload forever 🥳

  • @marciaffx
    @marciaffx Рік тому

    Really nice video James.

  • @litebohokhama5362
    @litebohokhama5362 Рік тому +7

    Never understood how to analyse using the DXY until now. Thank you for this one! +1 Sub

  • @karimallidina6633
    @karimallidina6633 Рік тому +2

    Like the fact you showed how to manage a potential loss as opposed to just showing wins 👍

  • @davidwill604
    @davidwill604 Рік тому +1

    Hey James, this is awesome. I have been trying to learn how to do it myself but haven't achieved much. So a big THANK YOU for this video. You make it so simple.

  • @amirullahabdullah4795
    @amirullahabdullah4795 Рік тому +1

    Thank you so much is a very valuable information ... 100 times thanks ...

  • @samuelkaribo.7795
    @samuelkaribo.7795 Рік тому +1

    Thanks for this

  • @bonganimahlangu6656
    @bonganimahlangu6656 Рік тому +1

    Great Video Bro... Thank You For The Clarity🐐❤

  • @CyrusNjoroge-qc3nl
    @CyrusNjoroge-qc3nl 3 місяці тому

    Please explain on the timing of the DXY and Eur/USD on when to execute the trade, timing is my problem

  • @belhaddadyanis6030
    @belhaddadyanis6030 Рік тому

    you a good bro it the first time I herd THAT THANKS A LOT KEEP DO IT THANKS A GAINE

  • @SohrabRahravan
    @SohrabRahravan Рік тому +1

    Truly you are to a great mentor. Good luck brother 🙏🏻🙏🏻💐💐💐

  • @tshimenagauthiernsaka2945
    @tshimenagauthiernsaka2945 7 місяців тому

    thanks, is there a way to "freeze the instruments" you are comparing? every time one zooms in or out or scrolls, it's kinda messy.

  • @I_am_Blackie_Amigo
    @I_am_Blackie_Amigo Рік тому +1

    thanks alot this has been very beneficial ur the best 🙏🏻 blessing

  • @TheMissawin
    @TheMissawin Рік тому

    This video is so informative thankyou!!!

  • @mag4926
    @mag4926 Рік тому

    Is you a Video which explains Imbalance?
    Thank you!

  • @-sparks
    @-sparks 3 місяці тому

    Hi. How can I use SMT divergence with forex pairs?

  • @ominiokpa6731
    @ominiokpa6731 11 місяців тому

    Please sir thanks for the video.
    Please if the us dollar index is on the uptrend direction which implied buying direction,hence how do u trade nas100 n us30?
    Do nas100 and us30 has direct or inverse correlation with us dollar index

  • @adamsibrahim8841
    @adamsibrahim8841 Рік тому

    Hello there please can you help me with some question
    I want to know made a sell or buy limit trade doesn't activate or those the candles type to where I set my limit thank you

  • @SohrabRahravan
    @SohrabRahravan Рік тому +2

    Thank you James. This is exactly what I do on daily trades

  • @lwabzforex3310
    @lwabzforex3310 Рік тому

    Hello buddy....how many pairs should one focus on, trade

  • @greengardens1565
    @greengardens1565 9 місяців тому

    Exxuse me, where do i get the individual index chart?? So i can see all indexes

  • @matthenry3043
    @matthenry3043 Рік тому

    what's the indicator that shows all those pairs price action?

  • @mohsenfarzaneh5743
    @mohsenfarzaneh5743 10 місяців тому

    Hi. I am using day for trade on EUR USD and GBP usd.

  • @eatingpips
    @eatingpips Рік тому +10

    Also not bad to look at the USDOLLAR chart (dow jones dollar index). Sometimes it gives you nicer price action so it's easier to read 👍

  • @mzwakhederrol691
    @mzwakhederrol691 Рік тому

    Appreciate

  • @BoboTrades
    @BoboTrades Рік тому

    Anyhow know how I can get the dollar index on mt4 or somewhere else because I don't like trading view

  • @KenLahne2
    @KenLahne2 15 днів тому

    why are there so many options for the dollar index and which one should I watch? USDX, DXY or DX?

  • @tumeloleonard1547
    @tumeloleonard1547 Рік тому +2

    wish GOD bless you more man,you really helping us a lot thank you...🙏

    • @tumeloleonard1547
      @tumeloleonard1547 Рік тому

      ill send you a whatsapp later running low on Data now.

  • @ouinikatjinamunene7853
    @ouinikatjinamunene7853 Рік тому +3

    i like you Jea, and i dont like people in general, but i like you.🤑

  • @aforkaraphael5952
    @aforkaraphael5952 Рік тому

    You are going well ♥️

  • @forextrader65913
    @forextrader65913 Рік тому +1

    Do you use power of 3 for daily bias? Do you think it's useful?

  • @33528.
    @33528. 8 місяців тому

    What beat is that?

  • @enternitytv6504
    @enternitytv6504 Рік тому +3

    First to arrive 🤗🤗

  • @thisisilyasraza
    @thisisilyasraza Рік тому +1

    Thanks Sir James Love From Pakistan 🇵🇰

  • @PossibleOffside
    @PossibleOffside Рік тому +1

    Danko bro🏆.

  • @Acenux
    @Acenux Рік тому +1

    Its like a cheat sheet haha insane

  • @kavr
    @kavr Рік тому +1

    Wow I didn't know the DXY dollar index had a inverse correlation to the DOW YM futures. Thanks 😊

  • @CNIIIOR
    @CNIIIOR Рік тому +1

    Thanks alot
    So what about eurusd is this correlation happen in eurusd when dxy move up then eurusd will move down

  • @mmaduegbunamchukwuka5082
    @mmaduegbunamchukwuka5082 10 місяців тому

    Sometimes it doesn't work

  • @danielbarnes6873
    @danielbarnes6873 Рік тому

    All that time and still bot rich why would you have students if your rich witch means your not rich

  • @guzzi_sa
    @guzzi_sa Рік тому

    Hi jeafx what about the btc.//bitcoin can an individual use dxy 2 confirm market direction on a btcusd pair ?