Dow Jones Trend Day Setup 5* OpportunitiesMy goal going forward into 2025 is to only trade the Parabolic Trend trades and to master them. They happen roughly 5-8 times per month. Just catching 1 of these per month is all I need. Using 3% risk per one of these setups can deliver 15-20% gains.
The universal entry criteria is the 5 minute close back inside the 20sma.
The timeframe for entries are either 1 hour before the open, the open, and 1 hour after the open.
Profit targets are generally until the close or a range expansion target of 1-2 times the Asia/London box.
Below are multiple charts of the same setup with the green box being the ideal entry.
If I can only trade 1 trade PER MONTH, this is what I will focus on.