Today I'm explaining a very simple strategy that I use for trading US30 during the NY session. Basically just wait for the 8:am EST candle to close Once the candle closes, if it's red, you would enter a sell position with a 100 point profit target with a stop loss at 100 points as well. If it's green, enter a long position with a 100 point profit target and 100...
It is expected that the upward trend will end in the current resistance range and we will see the beginning of the corrective trend. If the price crosses the support range, the correction process will continue
New World Capital - Article 4 FOREXCOM:US30 US30 is going through a sharp correction and is now trading around some major support @37800. Those instruments are usually good for investing in the long run so buying the falling knife is worth the risk. We are now in a Buy position risking about 1% of our account to generate about 5%+. The volume is adequate;...
By examining the trend in the one-hour time frame, the Dow Jones index, having a very important low-level support interval in the range of 38244-38153, can increase to the resistance of the middle level in the range of 38803.
Price was falling gradually from the starting of this month. It has formed bottom at the zone 37700 and now it has broken the downward trend line. So what next? 38500 is an important zone. If price sustains this level then it can move towards 38580, 38660, 38740 and 38800. On the other hand if 38500 acts as a resistance zone, then price will move towards 38380,...
Hello traders what do you think about US30 give your suggestions in comment.. As the US30 inches towards the critical resistance level at 38,068, traders are on high alert. A successful breach of this threshold could fuel the ongoing bullish trend, propelling the index towards the next target at 38,380. Conversely, should the price stabilize below 37,996, market...
New World Capital - Article 5 FOREXCOM:US30 More liquidity is being grabbed on US30 as well. When a breakout is about to happen, it is more often than not preceded by fakeouts. If all the conditions are met in this session, we will observe a breakout of US30 past the $38,000 - $38,200 zone and see new horizons around $38,500 and beyond. It is not a matter...
Hello,Friends! Previous week’s green candle means that for us the US30 pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 33337. ✅LIKE AND COMMENT MY IDEAS✅
Pair : US30 Dow Jones Description : Double Top in Short Time Frame Completed " 12345 " Impulsive Waves Fibonacci Level - 261.2% RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
US30 TRADE PREDICTION BULLISH SETUP if you like the idea support please hit the like button and show some love wish you good luck and good trading
Intitutional Strategy/tactics This is the trade i found after trading 1.5 Risk reward if you like the idea please subscribe for more hit the like button and show some love wish you good luck and good trading
New World Capital - Article 6 We closed some of our positions with profits and are now entering the market at the manipulation currently happening. Another liquidity grab is happening right now around $38220 - $38200. If the price ends up going higher after that liquidity grab, the price should definitely breakout and trade around $38,500 - $38,700 US30 Buy (...
In this live trading session video,we look at our open positions on BRENT and potential trades coming on Bitcoin,Etherum,S&P, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
Wait for breakout then sell Dont over complicate things Money money money
US30 gave us some nice prints as well this week. The Sells/Shorts were just picture perfect = Thursday was amazing. Follow us for more….
US30 broke structure and continued on a downtrend giving us a new low (Indication). It is now in a correction phase and watching as price reacts to that area 38400-38500. If we drop and close below 38440, will be looking for entry to sell to the lows at 37300 area.
Dow quickly turned neutral again on its 1D technical outlook (RSI = 49.651, MACD = -238.11, ADX = 37.915) not staying for long on its previous bearish state as after hitting our TP = 37,300 it rebounded emphatically and is about to test the 1D MA50. The pattern was the same as the prior corrections inside the Channel Up: pullback to the 0.382 and -6.95% in...
DJIA (US30) is rising towards the pivot which has been identified as an overlap resistance. Could this index stall around this level before potentially reversing to drop lower? Pivot: 38,546.69 1st Support: 38,025.73 1st Resistance: 39,042.57 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...