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.
US30 trade ideas
A potential bullish continuationDow Jones is currently en route towards an all-time high and will likely surpass it. This is because of transitioning from a correction phase and stabilising above the transition point at 43k. As long as price action is above this zone, and erasing established highs, the indice will be making newer highs.
DOW JONES: Channel Up rebounding on the MA50 (4h).Dow Jones is trading inside a Channel Up which hit today its MA50 (4h).
That was right at the bottom of the Channel Up, which is a strong buy signal.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 45400 (+3.86% rise like the previous Leg).
Tips:
1. The RSI (4h) is also rebounding in a similar manner as the January 13th low.
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Notes:
Past trading plan:
US30 - 15 min ( Sell Scalping Target Range 180 PIP )In the context of trading the US30 on the FXCM platform, we identify a critical bearish reversal key level situated in the 44580 area, characterized by high trading volume on the 15-minute timeframe. It is imperative to note that our analyses are grounded in accuracy rather than numerical data alone. We prioritize delivering the most precise trading opportunities tailored to enhance decision-making for our clients.
DOW JONES: Absorbing tech sector's losses.Dow Jones remains heavily bullish on its 1D technical outlook (RSI = 63.633, MACD = 251.980, ADX = 35.788) and in contrast with Nasdaq's heavy losses, which is rattled by DeepSeek, it is rising. It seems that industrial stocks are absorbing quite a significant portion of tech's losses. Dow's long term Channel Up pattern remains intact and last week's crossing over the 1D MA50 and the bearish wave, confirmed that we are at the start of the new bullish wave. Based on the HL of the 1D RSI that was completed on the January 10th bottom, we draw strong comparisons with the October 27th 2023 bottom. If the index holds the 1D MA50, we expect the next high to be at 48,000 and after a pullback, complete the wave by May on a +20.75% rise (TP = 50,500), same as the increase of the 2024 bullish wave.
See how our prior idea has worked out:
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US30 - 15 min ( Scalping Sell Trade Target Range 150 PIP ) The 15-minute time frame analysis of US30 on the FXCM platform identifies a critical bearish reversal key level at the 44,400 area, characterized by high trading volume. This level serves as a significant threshold for potential market movements, indicating a possible shift in sentiment. Traders should closely monitor this zone for further confirmation of reversal patterns, as it may present strategic opportunities for engagement in the market.
⚡️Us30 / FXCM
Best Break Our / Key level's 15m Tf
🚨Bearish Reversal key level + High Volume / 44400 Area
Watching Market for this week. - US30Observations:
Price and Bollinger Bands:
The US30 is trading near the upper Bollinger Band, which often signals potential resistance. It may indicate an overbought condition in the short term.
RSI:
The RSI is at 69.70, nearing overbought levels (70+). This suggests the potential for a reversal or a pullback.
MACD:
The MACD is above the signal line, showing bullish momentum, but the histogram seems to be flattening, which could indicate a weakening trend.
Decision Points:
Buy:
Enter a buy position if the price breaks above 44,570 (upper Bollinger Band) with strong volume, confirming bullish momentum.
Sell:
Consider selling if the price rejects the resistance around 44,570 or if the RSI crosses back below 70, signaling a reversal.
Recommendation:
Short-Term Outlook: Watch closely for a rejection or confirmation at the upper Bollinger Band. Based on current indicators, a slight pullback seems more likely.
Place stop-loss orders appropriately to manage risk, regardless of your choice.
Suggested Entry and Exit Levels
Sell Setup:
Entry Point (Short Sell):
If the price rejects 44,570 (upper Bollinger Band) or shows a bearish candle pattern near this resistance.
Take Profit Levels:
Target 1: 44,000 (midpoint of the Bollinger Bands).
Target 2: 43,800 (lower Bollinger Band).
Stop Loss:
Place the stop-loss slightly above 44,600 to avoid getting stopped out by minor volatility above resistance.
Buy Setup:
Entry Point (Buy):
Enter on a breakout above 44,570, with a confirmation candle closing above it (e.g., a strong bullish candle).
Take Profit Levels:
Target 1: 44,700 (short-term resistance based on the next round number).
Target 2: 45,000 (psychological level and likely resistance).
Stop Loss:
Place the stop-loss below 44,400, slightly under recent support, to limit risk.
Additional Risk Management Tips:
Position Size: Adjust based on your risk tolerance (e.g., no more than 1-2% of your account balance per trade).
Volume Confirmation: Use higher volume to confirm breakouts or rejections.
Follow for more ideas.
US30 Continues Bullish Trend After Market CorrectionUS30 gave a clear opportunity for an intraday bullish move this morning as price fell slightly only to rally. This gave a clear opportunity to place a buy limit towards where price was heading to profit from the bullish reversal during busy market hours.
us 30 sell trade ideaThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
4th historical signal confirmedFor some reason, people keep forgetting that this has happened or are unaware.
So let me repeat.
Dow Jones Industrial Average (priced in gold) gave its 4th historical exit signal.
Signals seen in 1930, 1969 and 2002
Yes, this is the area were recessions are always found.
US30 : Focus on Key Earnings, Policy Updates, and Inflation DataU.S. Equity Investors Focus on Earnings, Policy Announcements, and Inflation Data
This week, U.S. equity investors are closely monitoring earnings reports from the "Magnificent 7" group of stocks, alongside trade policy updates, the Federal Reserve's January monetary policy announcement, and the central bank's preferred inflation data.
US30 Technical Analysis
The price has declined, reaching a support zone before reversing. It is now expected to fluctuate between 43,760 and 44,250 until a breakout occurs.
Currently, the price appears poised to test 44,250. However, as long as it trades below 44,400, further declines toward 43,760 are anticipated. A break below this level would confirm a bearish trend, with the next target at 43,350.
Key Levels:
Pivot Point: 44080
Resistance Levels: 44230, 44400, 44560
Support Levels: 43770, 43560, 43350
correctionIt is expected that the beginning of the correction will be formed and will progress to the specified support levels. Then, depending on the price behavior in the support level, the continuation of the movement will proceed according to the specified paths.
Dow Jones index 15 minute fast tradewe can excpect some reaction to this area . 2R reward is a good idea.
Bullish momentum to extend?DJ30 is falling towards the support level which is a pullback support that is slightly below the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 43,850.12
Why we like it:
There is a pullback support level that is slightly below the 23.6% Fibonacci retracement.
Stop loss: 43,383.26
Why we like it:
There is an overlap support level that is slightly below the 38.2% Fibonacci retracement.
Take profit: 44,606.77
Why we like it:
There is a pullback resistance level.
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Dow Jones Index : Some Pullback and again Bull marketI think that this week there is probably a medium pullback to the area with blue color. If price reaches there, I will be ready for buy until a new high.
Bearish reversal?Dow Jones (US30) is reacting off the pivot and could drop to the 1st support.
Pivot: 44,527.60
1st Support: 43,330.76
1st Resistance: 46,048.47
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US30/DJ30 "DOW JONES INDUSTRIAL AVERAGE" Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the US30/DJ30 "DOW JONES INDUSTRIAL AVERAGE" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 3h period, the recent / nearest low or high level.
Goal 🎯: 44600.0 (or) escape Before the Target.
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The US30/DJ30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the 30 largest and most widely traded companies in the US. The index is a widely followed benchmark for the overall health of the US stock market.
CURRENT MARKET SENTIMENT:
The current market sentiment for the US30/DJ30 is bullish, with the index trading near its all-time highs. The US economy is strong, with low unemployment and steady GDP growth. However, there are concerns about the impact of trade tensions and rising interest rates on the economy.
UPCOMING NEWS:
US GDP Growth Rate: The US GDP growth rate for the second quarter is expected to be released on Friday, with expectations of a 2.0% growth rate.
US Non-Farm Payrolls: The US non-farm payrolls for July are expected to be released on Friday, with expectations of 180,000 new jobs added.
US Unemployment Rate: The US unemployment rate for July is expected to be released on Friday, with expectations of a 3.6% unemployment rate.
Federal Reserve Interest Rate Decision: The Federal Reserve is expected to announce its interest rate decision on Wednesday, with expectations of a 25 basis point rate cut.
Strong US Economy:
Low unemployment rate
Steady GDP growth
Increase in consumer spending
Improvement in business confidence
Monetary Policy:
Federal Reserve adopts a dovish tone
Interest rates are cut or remain low
Increase in money supply
Stimulative monetary policy
Fiscal Policy:
Government implements expansionary fiscal policies
Increase in government spending
Tax cuts or reductions
Infrastructure investments
Earnings Growth:
Strong corporate earnings growth
Increase in revenue and profitability
Positive guidance from companies
Beat of analyst estimates
Valuations:
Attractive valuations compared to historical averages
Low price-to-earnings ratio
High dividend yield
Undervalued stocks
Technical Indicators:
MACD line crosses above the signal line
RSI (14) falls below 30 and then rises back above it
50-period Moving Average (MA) crosses above the 200-period MA
Price closes above the 50-period MA
Bullish chart patterns, such as a head and shoulders or a inverse head and shoulders
Sentiment Analysis:
Bullish sentiment among traders and investors
Increase in long positions
Decrease in short positions
Put-call ratio falls below 1.0
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
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US30/DJI morning analysisTechnical analysis for US30 (DJI).
Two bearish counts, both have corrective expanded flat for wave ii or b.
Price tagged .5 fib retracement from ATH to 5 August low, tagged median line target with reaction/profit taking seen last week.
There could be more upside towards ATH to complete the ((c)), but with these bearish counts suggesting either a zigzag or impulse down from ATH, 45105.1 should hold as hard resistance, and both these counts would be invalid with new ATH.
Risk/reward attractive for a short position, with ATH as stop.
US30 1HDow Jones Analysis
previous analysis
🔹 Overall Trend: Bullish
🔻 Strategy: Any dip is a buying opportunity.
🎯 Targets:
46160
ATH Breakout at 47180
Final Target: 49000+ (to be updated in future analyses)
High-precision analysis, amazing results!
Time for bearish run ?Market is approaching new ATH but will it create a new high? My analysis and outlook for the coming week. Based on price action, 4H is showing bullish rejection but there is no confirmation of a trend change yet. Else, market is technically still bullish.
US30The US30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the performance of 30 large-cap companies listed on the New York Stock Exchange (NYSE) and the NASDAQ. These companies are leaders in their respective industries and are considered to be a representative sample of the US economy.
The US30 is a price-weighted index, meaning that the companies with higher stock prices have a greater influence on the index's value. The index is calculated and maintained by S&P Dow Jones Indices.
DX (US Dollar Index):
The US Dollar Index (DX or DXY) is a measure of the value of the United States dollar relative to a basket of six major currencies:
1. Euro (EUR)
2. Japanese Yen (JPY)
3. Pound Sterling (GBP)
4. Canadian Dollar (CAD)
5. Swedish Krona (SEK)
6. Swiss Franc (CHF)
The DXY is a weighted geometric mean of the dollar's value relative to these six currencies. The index is calculated and maintained by Intercontinental Exchange (ICE).
IMPORTANT INFORMATION FOR TRADERS;
Correlation between US30 and DXY:
The correlation between the US30 and DXY is generally negative, meaning that when the US dollar strengthens (DXY rises), the US30 tends to decline, and vice versa. This is because:
1. Export competitiveness: A stronger dollar makes US exports more expensive, which can negatively impact the earnings of US companies and, in turn, their stock prices.
2. Commodity prices: A stronger dollar can lead to lower commodity prices, which can negatively impact the earnings of companies in the commodity sector.
3. Interest rates: A stronger dollar can lead to higher interest rates, which can increase borrowing costs for companies and consumers, potentially negatively impacting economic growth and stock prices.
we need price to push into supply and we sell off us30
Dow Jones long-term analysisContinuing the long-term analysis of the Dow Jones, as you can see in the image, the Dow Jones price has reached its highest point and is still rising in this trend.
Sasha Charkhchian
