DJI Going pretty as per plan Some more room to fall as per the oscillators. May be a bounce is in play from the Trendline or the Support Zones identified before reaching the Target 2.
Short-term consolidation seems to be over. The Dow-Jones Industrials Average (DJI) is breaking out of the symmetrical triangle to form an ascending triangle. The DJI should continue to rise in the days and weeks to come. Long DJI!
After breaking the symmetrical triangle last Friday, the DJIA's run to 26500 looks likely. I expect a very good next two week; starting with a price target this week of 26000, and 26500 next week. It is fair to say that the Dow could face a lot of pressure from its January high. Therefore I believe that the price will be dancing between 265-266 for a week before...
B&B Pattern. Trade setup with Buy Limit position (EP) at 25387 Stop Loss (SL) at 24531 and Take Profit (TP) at 26186. Money Management I have 22,800 USD in my portfolio. I can lose 10% of the port which is 2,280 USD. I will Trade MINI DOW JONES ($5) Position Sizing 1 Tick = $5 1 Contract size need IM = $3,685 (I can open not more than $22,800 / $3,685 =...
DXY is heading to $91 and even lower if we break below there. Sentiment towards the dollar everywhere is trying to pick a bottom which isn't good for dollar bulls. My current positions are short DXY , long EURUSD , long XAUUSD , short USDJPY , short USDCAD , long USOIL , long DJIA and long SPX. I will be holding these positions until sentiment turns the opposite...
-Continuation pattern to support uptrend. -Once it breaks out 21,032 level, it will swing up to 22,000 level. -Moving averages are still supporting current trend. -A wise old man once said, "the trend is your friend till it breaks"
Never closed below MA50 since election
Hey Traders, Just wanted to pull this simple analysis on DJI (Dow Jones Industrial Average) We had an impulse and a corrective structure, I am sure we can get a brakeout soon, watch for that and then go long for a short term trade. - Hey Traders, Simplemente compartir este analisis en DJI (Índice Down Jones) Tuvimos un impulso y una corrección. Estoy seguro...
Drop had to happen, but neatly at bottom of channel now. 7:1 trade
Pullback today matches Feb 15-17 in time and distance.
Note how a new lower upper boundary has been established.
basic upside trend is still intact - and runs around 19500 (today) and even around currently prices around 19838 (while 23rd december`16). How ever much more important is the 19810 price are, in my opinion! `Cause this price was the low before yesterdays fed rate hike. And from this point of view, technicly bulls need to defeat this price areafirstly, to get...
let me first clarify: "i got cold feets traders - & closed my both long positions in AXP & GS"! I am thinking that we will can buying both shares a little bit cheaper, in the next few days :shades: ... In the YM1! i am still long, not only `cause the sentiment is by far not so euphoric even like in the banks & financials. And by the way the chart is also...
Morning guys, Wishing you all a happy weekend - I will not be free much this weekend so wanted to share this chart this morning. The eurusd call was completely as expected which was brilliant for us all, please see the related idea if you have not already plenty more opportunity before we reach parity. There are still plenty of people who continue to think...
Simply following the last two up-wave fractals, give you 19225, only 2% away from where we are now. However, the Trump rally is over-extended, may pull back as per red lines.