Dow Jones Industrial Average Index forum
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US30
DJI Monthly look bearish no? Seems like a repeat of 2022 with a -22% dip incoming this year.
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NAS100 US30Hi, In my point of view, I see and I understand the reason of that bearish wave. Which I expected as you know from its beginning by date and by price even which I see that no one here from analysts or anywhere else noticed. May you wonder how I knew! And how I expected a huge breaish waves would hit the markets on those levels!!
And the answer is in one date. The date of 05.08.24. I will reveal it here for the first time. Yes in this date! All you remember the huge bearish wave which hit the USA indexes? The carry trade when Japan raised interest rate by 25 basis points and that caused huge panic? That caused insane bearish wave, then on 05.08.24 a huge bullish retrace happened leaving behind gaps and even from before.. When Warren buffet (one of my idol leaders and examples with Robert Kiosaki) sold his shares he was expecting the problem of the carry trade from before and he knew that later on whatever they would go up (due to rate cuts), the sell day would come no doubt! They he would jump in!!
The US 30, the US 100 and the S&P 500 are paying the price now back!!!
So imagine with me that all those bullish waves by all its candles from the 05.08.24 till the ATHs were deleted and imagine that we are now stucked in this date 02.08.24, and ask yourselves one question, where the price would go if we were on 02.08.24 as per your chart patterns and analysis!
You answered!? Perfect
I hope you understood my words and what I meant 😉
US30 Hi, as a colleague down on one of my posts commented asking me an important and good question really if there will be a little bit bullish backlash or not?So I will post here what I answered him for all from point of view
((kristijantrajkovic0 no bullish retrace before reaching to the exclusive TP on my idea and could go down untill 40550 or till my TP3
Price could retrace from 41560 or 41465 but later on the index will go the levels I mentioned above. Please if you have a chance vote on my Mind to understand better what is better for all you))
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US30 Warning: Watch out for retail traders who develop business relationships with brokers, especially when they've been offered lavish perks from a brokerage. Google what "Introducing Brokers" is all about.Also, watch out for so-called trading gurus online, like on YouTube or social media, who have been approached by a company to have their own prop firm. You have to consider what kind of information they are gathering from your trades that can be seen on their end; used for their gains; and sold to third parties.
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SPY There are two key support factors, including support lines and zones. Closely watching next week’s volume to see if it triggers a clean shakeout, leading to a potential 180 degree reversal and a strong rebound. This is the ideal scenario, but risk management remains the top priority
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GER40 US30 NAS100 Please vote! to tell me how I can help you better! I judt wanted to help you by best possible way which can suit you and me too.
I did not plan for it at beginning at all and I just wanted to share my thoughts then I decided to share my ideas with you. Obviously my work got few brokers attention too and those product managers and account managers approached me offering everything possible on me to help their brokers of course in getting bigger which we can understand for sure and nothing is wrong about that!
They see a huge potential results by working together and the three of them offered literally everything on me to choose from what I personally!
They offered 3 things on me
First a partner account which means to recommend them by promoting their link and I will not lie on you here! The idea that if you use that link to open an account, I would take commission for every single trade you open based on the LOT size automatically. It is affiliate program and I will have access to see every thing like profits and LOT sizes so they can get bigger and me get money favour that and I saw many influencers from traders on social media are already doing so! But my idea was and will be always helping traders in first class! And I do not think personally that would do anything for help rather than me doing money and the brokers to get bigger! So I refused that offer! Regardless I would be paid as they said 5000$ to 20000$ monthly! And with my insane rising following database, they believe it would be so easy to achieve but it would be for me not for you so I refused!
They got further and offered two other things, one of them is not offered to anyone really but only for so experienced traders and they believe I am one of them!
This offer is called PAMM or a fund manager for you and for others too which means, simply, that I would be that Fund Manager and will trade by they money which will be under my account when you choose so and you could see as investors everything on your dashboard (the profit and the trades) against commission and that will match more the busy people of the novice traders or traders who try to get their capital bigtheger but they could not and you would be able to draw your money or close the trades whenever you want but I will be the only one who will open the trades and will be responsible about running that account from A to Z. Also as I understood will match more the traders who do not have big capital so when I open trades and the capital is like 250,000$ not like when I have 3000$ and then the profit will be distributed on all by the percentage of your money in that account
Second offer is creating for me a copy trading account which will allow you automatically to copy my personal trades without any interfere from your side! Then you can see my results and my profit on spot!
I was asked a lot to open Telegramm channel to not lose the track of trades and to keep there all my work so will be seen easier and faster! But I replied to those who asked me that I am already on discussions with some brokers to offer something bigger and more professional! But that will be also an offer for you if you wish too!
I could do more than a way if possible
But it an opportunity to hear your thoughts and what each one thinks it is better for her/him!
1- Affiliate (I refused it)
2- Fund manager (PAMM account manager)
3- Copy trading account
4- A private channel!
I will not decide now but will need to hear from you to consider all before taking my own decision.
Not will be before April as I expect my baby to come to the world in one month 😊 and my family will be always no 1 to me same like your families to you too!
Will be waiting for your votes down below in the comments, please not private messages!!! as I need to keep everything and voting in one place
Thank you for all, please vote to help me understand your wish and what you prefer it will be better for you.