Maximise your Day Trading Profits 5X | Apply this trade management system to hold trades all day without much effort
In this video I'm going to share with you a trade management idea which would allow you to trade and hold the trade from the start to the end of the day trading session.
The Chart I'm using is US30 / DOW30. The Time frame for day trading would...
US30 looking to retrace back up having completed the 3rd almost equivalent impulse. Looking to see it pullback to then give another 200+ point drop.
Entry zone is highlighted in green.
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I am no financial advisor and risk is always present when trading.
Risk appropriately and no more than 5% of your account.
Take care and have fun
US30 is currently consolidation / ranging in the daily TF
In the 4 Hour TF you can see US30 is heading towards a key resistance zone
Expecting price to bounce from resistance zone back down to support
If price breaks and retests resistance, expect price to head up
US30 / Dow Jones 30
We are seeing a really sideway range which has pretty clear support and resistance levels.
Will it touch the support and buyers will kick in? Will see the higher levels tomorrow ?
I have a limit buy order