Dow Short IdeaI am still short the dow and obviously expecting it to move lower soon. It held trendline support today, but has resistance above still and is forming an ascending wedge. If it breaks the wedge to the downside, I'd like to look for more short entries if it comes back for a retest.Shortby AdvancedPlays0
sell June mini Dow at 38854 limit, stop at 38936, targt 38372 Mini Dow is looking top heavy, looking to sell June mini Dow at 38854 limit, stop at 38936, targt will be 38372Shortby Cannon-TradingUpdated 0
Dow Jones $YM EoM ReviewArea of interest: EQ; $39,040 Liquidity Void: $38,400 07:00by LegendSinceUpdated 1
YM countertrend short from -M OHLC maanipulation!Beautiful example of algorithmic precision! Tapped -M D OHLC manipulation to the tick and then news spooled price to 1/3 ADR & +M D OHLC maanipulation (opposing manipulation where we also got opportunity go long!) This repeats every single week. OHLC manipulation + ADR really often stop the "Judas Swing" alias fake move against orderflow and tends to reverse there! then we can target opposing manipulation or another ADR!by Keclikk113
Dow Jones Down Week Wednesday Sell IdeaI am looking at a down weekly candle/template or perhaps a bearish doji weekly candle. I set my limit sell on that wick above the 09:45 EST 15 min candle with a 50 tick stop and a 150 tick target for a 3:1 I am not interested in the middle of the range as that is where price is bouncing from I see ramped volume on Tuesday with the low of Tuesday suspended above 2024 yearly open price and the peak formation low. Shortby Dow_Jones_MaestroUpdated 2
Trade Ideas for the DowYM has been fairly weak recently relative to ES and NQ. NQ is having a strong day, while YM is sitting near 0% change. Here's some paths for some potential entries with good R/Rby AdvancedPlays0
How to pick trades in different market conditionsIn the video I look at two different markets and the resultant setups which yielded the prime trades. The two markets had to be approached in different ways, especially early in the session. I look through the price action on the DOW and then the Nasdaq. The DOW proved to be more clear cut and a trend style approach while the Nasdaq was very choppy and warranted a range or reversion style approach to the trades. Still, both were tradable and produced some good scalps although the action had to be recognised early. ANY QUESTIONS, JUST LEAVE IN THE COMMENTS !! ** If you like the content then take a look at the profile to get more ideas and learning material ** ** Any Comments and likes are greatly appreciated **Education17:33by TradeTheStructure221
Dow Jones 2024 Daily Chart Spike and Channel Buy Setup 42,000 I made a post yesterday about the rest of 2024 and I have more updated information. This is what I will be playing going forward. A buy set up in a spike and channel with the target of 42,000 by year end. The teal line is the open of the 2024 yearly candle Prices below the teal line is the bottom wick There will be one more lower high and another pullback into the rectangle box I have set before the climb to 42,000 I am anticipating the buy in August That will close the year around a 13% gain from high to low or 4,800 ticks. I have my buy set at 38,774 Stop below the middle line on range box at 38,134 (650 ticks) Target at 42,000 area for (3,400 ticks) Around a 5 to 1 on the daily chartLongby Dow_Jones_MaestroUpdated 114
Using Multi-Timeframe analysis for a major WinnerMulti-timeframe analysis is a key techniques for prepping a market prior to a trading session. The first thing to do before trading is to understand the major moves and longer term price action. This enables us to get on the right side of a sessions move and avoid a lot of the chop. We take a look at the DOW from the previous trading session and talk through the 30 min timeframe and why it was so important for the 500 pt rally into the close. I talk through the key price action, the trap of shorts before the big move up and why we needed to be on the long side of the action. ANY QUESTIONS, JUST LEAVE IN THE COMMENTS !! ** If you like the content then take a look at the profile to get more ideas and learning material ** ** Any Comments and likes are greatly appreciated **Education17:04by TradeTheStructure4
1/3 ADR + OHLC -D Manipulationbeautiful reaction of1/3 ADR + OHLC -D Manipulation with beautiful SMT at highs, entry is refined on lower timeframes. These points are very good to monitor setups from them like this. good target could be opposing ADR or Open of OHLC like today.by Keclikk1
Dow Jones Weekly Bull Flag PatternThere is a lot to take in on this chart. How do I start to explain what it is that I am seeing? The dark green line is the monthly major movement and the black path line is the 4 hour movement in between that major movements. Price is being contained inside of a MAJOR bull flag pattern that will take MONTHS to resolve itself. Using the concept of thirds of that major move from November 2023, I firmly believe price will return to the halfway point, which is also the top of the peak of that July-October pullback from 2023. The ramped volume that is sitting just above the 0.66 or bottom 1/3 is a dead giveaway that price will return and take that out. The small range created just slightly above the 0.50 mark is also a dead giveaway that that price will be taken, along with the fact that the purple box Low that broke structure is suspended above the 0.50 line as well. These are all clues that price WILL be returning to these locations. Finally, the space between those recent double top highs and the 1 full range expansion of the July-October pullback is a dead giveaway that price will return to those highs and take them. This will mean that the high will break and more All-time highs will be made to continue the bullish trend up until 2033. On a zoomed-out view of the bull flag, a measured move of the November run will take price up to the 44,000 area Of course I am not a genie that can predict prices, I am merely trying to follow the bull trend higher and to me, this is what I am seeing. Please comment below on your thoughts as I am highly interested in sharing feedback. I have no problem putting my ego aside and admitting I am wrong. This is one trait I do not have issues with as I am wrong quite often with a 40% win rate. Longby Dow_Jones_MaestroUpdated 3
Dow Jones Daily Gameplan Next 6 MonthsThis is what I am somewhat looking for and how I plan on trading the market. I don't know if it will play out like I imagine it but to me, this is what makes the most sense. In order for the next monster move higher, we are going to need to pull back a bit more. April 19th's low can not be the low yet. It just doesn't make any sense.Longby Dow_Jones_MaestroUpdated 1
Dow Jones (US30):🔴Is it bearish..?!🔴Hello trader By examining Dow Jones on the weekly and 4-hour chart we can figure out the chart is bearish and there is sell-side liquidity that can be defined as targets for smart money. In this chart, the price failed to create an all-time high and dropped, the price made the bearish breaker and respected it and shifted the market structure. Now we can see the bearish order block with bearish FVG that makes an important resistance, If the price reaches this zone we can look for a sell position in a lower time frame. 💡Wait for the update! 🗓️27/05/2024 🔎 DYOR 💌It is my honor to share your comments with me💌Shortby VahidTradingCRUpdated 112
YM - Keep A Close Eye On YM This WeekCompared to ES and NQ, YM is the only pair to close above Wednesdays high but with high volatility in the cards and YM currently trading in 'no-mans land', expect things to happen!02:53by LegendSinceUpdated 1
Dow Jones Weekly Template of May 27th BullishMonday has just shown its hand to me on what the week will bring. This week will be a bullish expansion candle. Whether or not it will be a small, medium or large is still up in the air. The average weekly candle's range is 900 ticks. I believe that Monday is the low and will be bullish all week. This pattern right here on a Monday is the textbook play of a bullish week. Price bounces around under the weekly open price and towards the end of the day blasts higher. Tuesday will then continue higher Here is a weekly template with the Monday pattern Longby Dow_Jones_MaestroUpdated 114
support levelThe Dow seems to be at a support level, if the support holds, the uptrend is likely to continueLongby forkman0
Market Maker Weekly Doji Templates (Outstanding 33% Chance)Going through this set of data since late 2021 or 140 weekly candles, I have discovered that an astounding number of weeks are of the Doji type ( 1 Out of 3 ) My previous post was about pin hammer bars and they represent 17% of all weekly candles. Between dojis and pin hammers, that is equal to 50% of all weekly candles. The other 50% of candles represent expansion bars (small, medium, and large) In most cases on a doji week, what ever price the week opens with, price will tend to go back and forth around that price for either a high of week sell or low of week buy. If this short week is indeed a doji, then it should rotate around the week's opening price of 39,160 And, since most weekly doji candles are roughly 350-600 ticks from the high to low, then that will be a good spot to look for reversals. I won't know how this week unfolds until it unfolds, I can only watch and react accordingly. by Dow_Jones_MaestroUpdated 3
Market Maker Bull Hammer Weekly TemplateThe following template for a bull hammer weekly candle is as follows. Monday goes sideways. Mark off the high and low of Monday Tuesday is a complete down day Wednesday and Thursday form the mid week reversal Thursday and Friday close out the week at the highs Another thing I have noticed is that this type of weekly candle happened only 16 times since 2020 and 9/10 they occurred around a news event like FOMC,NFP, and CPI and/or a holiday. 4th of July happened 2 times in a row, New Years, and Easter. I will need to back test more on the bearish side of the coin to test more dataLongby Dow_Jones_MaestroUpdated 663
Dow Jones Selling High Opportunity (Pullback 39,575)I am looking for the next sell off after a slight pullback up into the 39.5k area The ramped volume will be the fuel to take it lower. Last week was a bearish engulfing and will likely see more selling pressure This can be a 10:1 opportunity 100 tick stop 1000 tick target Shortby Dow_Jones_Maestro1
Dow Jones Price Cycles AnalysisThe average bull and bear price cycle on the Dow Jones is roughly 20-25 days before it switches back. Roughly 3-6% moves in a direction by Dow_Jones_Maestro1
Dow Jones Looking For Next Higher Low Sell OffI had anticipated that Monday was going to be the high in my previous post. I initially thought it was going to pullback a little bit higher before a sell off but today it based lower and then sold off. I am still bearish short term and will be looking for the next higher low to position myself short at least down to 39,650 to take out that small range back on May 14th Funny how price is floating above that low just waiting for it to be taken out. The average weekly candle on the Dow is 937 ticks. That will place the low somewhere at 39,250 area, roughly. Shortby Dow_Jones_Maestro111
Dow Jones Bullish Target 45,000I believe the low of late April's range will be the low in this up channel. Price will chop around inside this box before coming back down to that low before ripping to the upside. The top of the channel and 45,000 is a short-term target. My ultimate target is 90,000 around 2035 Every bull run is 26 years and 1000+% gains The low was in 2009 2009-2035 is roughly 26 years Longby Dow_Jones_MaestroUpdated 1
Great Short Trades on the DOW as price dumped on FOMCThe DOW was sold lower as traders looked to lock in some profit. By planning ahead and assessing recent price action, you were able to steer clear of the early rally and focus on Sell Setups to take advantage of the selloff. In the video review, I talk through the previous sessions price action and why I was looking for selling opportunities. I then discuss the Price Action on the trading charts and the momentum plays that led to the Sell Entry setups!! ANY QUESTIONS, JUST LEAVE IN THE COMMENTS !! ** If you like the content then take a look at the profile to get more ideas and learning material ** ** Any Comments and likes are greatly appreciated **14:10by TradeTheStructure1