mdalifalwi

Showcase: Trading the e-mini Dow Jones (YM)

Long
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
1. Showcasing a simulation trade on e-mini Dow Jones. Price moving sideways earlier, setting the boundaries for Support & Resistance in 1 min chart.

2. I did a Long trade, looking at the price making a higher low while price and volume in 3min chart confirming this; closing on the high with higher volume.

3. Of course, there was some worry that price may move lower instead but the support and price movement on the upside seems to be strong.

4. Hit 10pts within 8 mins from Entry.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.