US30 Dow Jones - Long term Buy - Short Term Sell

Long term the US 30 have consistently grown for decades, so we're always going to be looking to be a buyer at the lower levels, but until those signals occur, short term we're looking for rejections on the consistent highs to sell it on the daily, 4h and 1hour timeframes.

Buy around 33300 and sell around 33900 - 34000 - Look for confirmation signals before entering and adhere to your strict account management strategy. less than 1% per trade if you're not making consisten money, going for a 2:1 ration RR, 3:1+ or more once you confidence and profits grow.

Trade active:

Broke below 34,000 again showing a long pin bar, I'm going in a bit early after the DXY is climbing it's way back up towards this mornings zone, but we're at my sell zone below, stops above the pin

Comment:

We've broken the first level and we're nicely profitable and moving down to the next, since this one has a lot of buy volume from the weekly timeframe, I've gone to break even.

Comment:

First profit target taken, we're half way through "the box", we'll have a last run at 33,300, I would not enter a short now if you didn't on the highs.

Trade closed: target reached:

Taken profits and closed the trade.

Comment:

We've broken the 33,300 level, let's see if that holds, if it breaks down below the long term support below that, we could be looking at some serious shorts in the coming weeks!

Comment:

We've bouned off 33200 all Friday afternoon, we need a buying signal before an entry and some stabilty and good position from both 10Y and DXY