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Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<p><a href="https://www.smartkarma.com/entities/u-s-dollar-index-usdx" target="_blank" data-smartkarma-citation="entities:26018:1" rel="noopener">Dollar Index (DXY CURNCY)</a> is ripe for a squeeze higher given elevated short positioning and signs of downside exhaustion in the form of a descending bull wedge associated with cycle lows. Positioning risk with the market short and risk of an upside surprise tied to risk aversion is now growing.</p><p>DXY – Call was to buy the DXY near the 92.00/91.60 low zone as the bullish wedge matures. 93.50 and 94, the resistance to clear to reach for 95.00 with risk to 95.80. RSI new point of bull divergence stands out and has now cleared trendline resistance that will lead a DXY price break higher above 93.50. Tactical bottoming bias for the USD into oversold readings with consensus USD bearish. </p><div>
<div>Tactical: Bullish.</div>
<div>Macro: Remains bearish to sell a bounce sequence.</div>
<div>Conviction: USD rally on bull wedge patterns with divergence likely to surprise to the upside given USD bear positioning.</div>
</div>

Dollar Index (DXY CURNCY) is ripe for a squeeze higher given elevated short positioning and signs of downside exhaustion in the form of a descending bull wedge associated with cycle lows. Positioning risk with the market short and risk of an upside surprise tied to risk aversion is now growing.DXY – Call was to buy the DXY near the 92.00/91.60 low zone as the bullish wedge matures. 93.50 and 94, the resistance to clear to reach for 95.00 with risk to 95.80. RSI new point of bull divergence stands out and has now cleared trendline resistance that will lead a DXY price break higher above 93.50. Tactical bottoming bias for the USD into oversold readings with consensus USD bearish. 
Tactical: Bullish.
Macro: Remains bearish to sell a bounce sequence.
Conviction: USD rally on bull wedge patterns with divergence likely to surprise to the upside given USD bear positioning.


Trading a USD Short Squeeze, Then Re Short