how to get a tight stoplossthis are the guiled on how to trade the strategy
first you will look at the higher time frame for your market bias and you can switch to many time frame up to 15min time frame to look for the entry
US30 trade ideas
Reality Check!Long gone are economic data which should be bullish for stock markets and instead have become bearish, yesterday's jobs number was too strong, lesser chance of rate cuts this year...it's all about the debt and managing this enormous pile of borrowing binge...the reality check is approaching fast.
The Fed has of course trapped itself, buying of all securities for many years to suppress interest rates artificially....keeping the party and economic spending swinging far too long. Their unwinding of assets is increasing, causing long term rates to rise...no meaningful cuts will eventuate until markets crash or collapse...economic chaos.
Friday saw the selloff that was coming, confidence is high that 40K will be the next target...we sell the rallies.
What took months to rally, can be taken out in a few weeks...there is no bait to buy this market...hold short.
We are likely in the early throes of a wave 3 down, serious selling will come...late bulls will attempt to slow the decline and believe in a bargain.
Gold is extremely close to confirming a solid buy signal confirmation, if gold can rise and close higher on Monday, that is your green light for a strong move upwards in the early stages.
Whatever reasoning you read or hear about gold rise, ignore it and just buy the precious metals, silver is grossly undervalued.
Debt is the calamity that implodes gold into the sky...Bitcoin's bull run looks tired for now, a rotation back into PM's.
Summing up: hold short the Dow, buy gold!
Appreciate a thumbs, good trading and God Bless you all!
US30 Continues its bullish Move As expected, US30 broke the next resistance level and provided a great intraday opportunity.
DJ30 make or breakDow Jones (DJ30) is clearly at an inflection point.
Though resistance at zone around 43350
Though support at 4170.
European indices at all time high time morning noticeably DAX30.
Will the DOW follow ?
Arguably a difficult trade. We need momentum behind it .
US/30 retracement down before the big pushUS/30 bullish daily & weekly, i will be looking to take this to the upside, price could react
off either support areas, it would be nice to see a retracement down before the push up.
thats why i like to have multiple areas of interest & not just fixate on 1 area.
US30 - What's Next?!You all remember my US30 which hit 'Take Profit' & secured us 8,800 PIPS (26% ROI)?👀 5 Wave Bullish Move Complete.
What's your current bias on US30 long term?
US30 to fall for 300 pips before continuing Bullish overallUS30 Likely to fall from here 300 pips then recovering for an overall bullish trend continuation.
US30 Trade Scenario's and Analysis (14.01.2024)CORE PPI m/m (FORECAST 0.2%) & PPI m/m (FORECAST 0.4%) 15:30
⦁ Higher then expected signals inflation pressure. (Bearish)
⦁ Lower then expected signals a ease in inflation.(Bullish)
Lower readings reduces inflation pressure on the economy, Which generally means BULLISH, however as i explained about INITIAL MARKET MOVERS can have a volatile effect to find a clear Trend to the Market before Reacting to the Data Readings.
BULLISH SCENARIO.
A Pullback with a Rejection around 42150- 42055 can confirm the Bullish. After a clear retest around those Zones Take entries with a SL at 42000.
EXECUTING TRADES.
A Strong bounce at 42055 and holding strongly above with no break below.
Take BUY entries once the Confirmation Candle enter the Zones between 42125 - 42150 With a SL at 42055.
A Continuous Push above 42250 - 42375 and holding above it can simply just continue Bullish, Automatically turning the resistance to support. Which will then be the POI for another BUY Entry. IF it breaks above those Zones and trades above 42250 with no breaks below.
Take entries once the confirmation Candle enter 42325 - 42350 With a SL at 42250.
BEARISH SCENARIO.
A Strong break through 42055 and trading below with rejections. Can continue Bearish to Either test Support at 41775 or continue to the Weekly support at 41435
EXECUTING TRADES.
Take SELL entries once Rejection Candle enters 42000 - 41975 With a SL at 42055.
A break below 41775 - 41700 will then also be a POI for another Sell entry. I Will monitor price action if it does reach those levels.
FOR NOW FOCUS ON THE REJECTION FOR BUY ENTRIES AS THERE WAS ALREADY A BREAK THROUGH THE TRENDLINE LAST NIGHT. AS LONG AS IT TRADES ABOVE THE TRENDLINE AND HOLDS ABOVE 42055.
ONLY IF PRICE BREAKS BELOW THAT TRENDLINE AGAIN AND HOLDS BELOW 42055 I WILL LOOK AT FOR SELL ENTRIES.
US30 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 42900 zone, Dow Jones was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area 42900 support and resistance zone.
Trade safe, Joe.
US30 Short (Swing Trade)US30 is retracing to a key area left behind by a high-volume candle. The area lines with my normal entry zone of the 50% and 61.8% retracement zone.
YM (US30): Trend in daily time framePlease pay special attention to the accurate trend, channels, and colored levels.
Its very sensitive setup, ...............<<<<<<<<<<<<<<<<<<<<<<<
Be careful
BEST
MT
Ascending wedges in DJI vs BTC topsJust a comparison of ascending wedges in DJI and the tops of BTC runs. Not saying we are at the top of this run... but just something to look at as a possible sign if broken.
US30 SELLAnalazying US30 shows me a strong bearish trend on higher TFs.
Even though price is Currently trading on a daily AOI for possible bullish movement,
Price continuously breaking Lower lows.
- As price just retraced to a 2hr/4h Area of Interest, a medium-risk opportunity is presented.
- limit order set and triggered
-Let's see if price continues its bearish momentum with this trade
Like and Comment your thoughts!
Follow for more ideas
US 30 WALL STREET SHORTLet's try this quick short before the end of the evening
No financial advice.
Make your own choices and be cautious."
us30US 30 - Dow Jones
Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel in Short Time Frame
Break of Structure
Demand Zone
Completed " 12345 " Impulsive Waves
Fibonacci Level - 61.80%
US30 BullishWaiting for the market to retest to the retest area and I think it will push up after that.
14JAN25, us30This morning i seen price swing above midnights opening price and into a -fvg giving me the opportunity to execute a short position at the mean encroachment of the mentioned fvg. I am targeting previous days low
US30 - 15 min ( Buy Scalping Trade After Break 42150 ) The analysis of the US30 index on the FXCM platform indicates a bullish trend following the breakout of a key level at 42,150 points, accompanied by high trading volume. This development suggests a significant opportunity for traders, as our focus remains on delivering precise and accurate market insights rather than mere numerical data. It is essential for investors to remain vigilant and capitalize on these pivotal moments in the market.
⚡️US30 / FXCM
Best Break Our / Key level's 15m Time Frame
🚨Bullish after Break Out key level + High Volume / 42150 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
Long trade
15min TF overview
Break of Structure (BOS) on the 4-hour timeframe (4H TF) I
I assumed the price still has enough room to balance the price range.
Pair: USD30
LND Session AM
Mon 27th Jan 25
9.00 am
Entry 44575.3
Profit level 44903.5 (6.74%)
Stop level 44447.2 (0.29%)
RR 2.56
time for sell DOWits a good time to sell dow jones i think wave Y has ended almost and we can think of selling this savage!!!sell wid sl guys and tp is personal
Trading CodeTrading Psychology
Greed in FX trading can manifest itself in various ways. It can cause traders to take excessive risks, make impulsive trades, and ignore their risk management plans.
