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Dow Jones Industrial Average Index
Feb 2, 2023
Backtesting for 1 Feb (Wed) - US30
0
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Technical Analysis:
NO 1: SELL (407 PIPS)
Entry: M15 BOS + PULLBACK M15 R (33983.19 - 33951.34)
Type: Reversal Sell
Exit: H4 Support (33568.10)
Pips: 407 pips
Time: 22:45H - 03:30H
Duration: 4 hours 45 mins
Sesh: US
NO 2: BUY (775 PIPS)
Entry: H4 SUPPORT (In daily zone) (33568.10)
Type: Reversal Buy
Exit: Daily Resistance (34286.88)
Pips: 775 PIPS
Time: 03:30H - 04:30H
Duration: 1 hour
Sesh: US
Fundamental Analysis
High impact news! Very busy dayy
21:15H - ADP Non-Farm Employment Change (Bad)
23:00H
- ISM Manufacturing PMI (Bad)
- JOLTS Job Openings (Good)
- Crude Oil Inventories (Bad)
03:00H - Federal Funds Rate (Dovish)
03:30H - FOMC Press Conference (Dovish)
Other news tend to be overshadowed by the rate hike
Technical Analysis: 1182 pips
Fundamental Analysis: 6 high impact news
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