US30-LONG
US30 still going up, BULL-LIEVE thatttttdow jones still on a bullish run and momentum,
looking for it to stay inside the channel , also everyone is expecting the "drop" how many have been caught out already?
dow jones job is to do well in performance, i see it respectng the channel , ive also called in my telegram group US30 to make a new high this month also.
insta - imtonythompson
Telegram - Ntec fx free signals
US30 2 Possible OutcomesBased on market structure we either have a break above resistance retest and head north to 26643.0 or form resistance @the highs and come south to 25550.0 #US30 follow it
USD30 - Possible Interim 2:1 LongUSD30 is creating a valid bullish flag pattern on the 1H time-frame.
Entry @ 26000 or after breakout (tight stop).
Stop @ 25850 (varies on your risk).
US30USD Potential Long opportunityClear technicals point towards potential long! What do you guys see?
LB StrangleThis is a very good example of when to do a strangle. The market is about to choose which direction to go in soon. You have NFP tomorrow, earnings for LB in 2 weeks, and a rate hike decision coming up. This is the perfect cocktail to take advantage of a big move. LB is down 11.7% today and could potentially continue down further. I have no idea which way LB will go, but I expect to make a profit on my 75 strike call 70 strike put strangle setup. I bought this setup 45 days to expiry and only paid a net debit of 4.00. You should see a nice move soon.
Cheers
US30 / DOW - LONG Opportunity !US30 LONG opportunity is here after a 5%+ dip
Trade parameters:
- Buy the 16250 - 16200 zone
- Stops Below 15973 (2014-2-20 low)
- Target1 16700
- Target2 a new high above 17148
Reasons for the trade:
- Market dipping below 200dma channel low (16303), where dip buyers should emerge
- Market retracing 50% of the 2014 range at 16242
- Market touching the Weekly S1 pivot at 16257
- Market touching the weekly 50sma channel high at 16300
- Technicall oversold conditions, that should get at a bounce...
Let's see if this market is really weak and bearish or if this is a "normal" dip opportunity.
