US30 TRADE ANALYSIS!! Good Morning Traders, especially Indices Traders, this week might be your special week with this trade analysis.
US30 is 100% Bullish, from Daily down to 1hr time frame, and we can see it closed above the previous high, and there was little bearish momentum indicating the BIG DOGS are taking control.
My entry was at the close of the BULLISH CANDLE in the 1hr time frame and i'm riding it to Resistance line for 400+ pips, and stop is below support.
HOW TO ENTER
1) Wait for the close of the current candle at any time frame you desire to trade, and enter at the next BULLISH candle.
2) DO NOT...DO NOT..DON'T YOU DARE TRADE US30 ON AN ACCOUNT LESS THAN $1,000, because if there is any drawdown of 30 pips, your account is GONE!!! You should know how volatile US30 is before you THINK about TRADING IT!
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Us30setup
US30 LONG AFTER A 2,500 POINT DROP IN DOW JONESUS30 BUY SIGNAL BUY LIMIT Time Frame : H4
Entry ENTRY Price : $27048
Entry price 2: $26988
Stop Loss $26770
TP 1: $27448 & TP 2: $28048
TP.3 $28448 & TP.4 $28988
TP.5 $29348
The Dow Jones Industrial Average trimmed its loss in afternoon trading after plunging more than 2,000+ points as coronavirus pandemic fears intensified.
At its lowest point, the Dow (INDU) shed 929 points, or 3.3%, in the early ... The Dow is more than 8% below its most recent high, putting it close to correction territory.
US30/USD (DOW JONES) LONG SET UP AFTER MARKET DROPS 1,000 POINTSUS30 BUY SIGNAL BUY LIMIT
Time Frame : H4 Entry
ENTRY Price : $27948 & Entry price 2: $28148
Stop Loss $28670
TP 1: $28448 & TP 2: $28748
TP.3 $29048 & TP.4 $29348
TP.5 $29648
The Dow Jones Industrial Average trimmed its loss in afternoon trading after plunging more than 1,000 points as coronavirus pandemic fears intensified.
But it was still down more than 800 points heading into the last hour of the regular session. The Nasdaq dived 3%, the Dow Jones industrials sank 2.9% and the S&P 500 shed 2.7% in the stock market today. Small caps tracked by the Russell 2000 tumbled 2.8%.
Volume was sharply higher on both major exchanges vs. the same time Friday. The Dow is now underwater for the year, down 2%, while the S&P 500 held a 1% gain. Both indexes fell below their 50-day moving average lines. The Nasdaq, up 3% year to date, is testing support.
The coronavirus continued to spread outside of China, as cases ramped up in South Korea, Iran and Italy. That rattled stock markets around the globe.