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What to do in a choppy market? Sell the top and buy the break!

FX:USDOLLAR   Dow Jones FXCM Dollar Index
my projection tells me that USDOLLAR has room to continue down this channel until 12050, in the mean time we can sell the top of the channel with a stop outside of it or wait for a break out and buy it!

nevertheless, this is a correction move in a larger trend in the long term, use good money management and do not revenge trade!

Please also checkout my blog at wolfradar.com for analysis and education articles!

Peace!

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