I was up early this morning, approached the chart with a clear mind, and awesome energy. As I type this, I know I grow thirsty for water slightly, but anyways, I have a bearish idea for US30. Price is above an OLD weekly low, so above old lows, especially on a higher timeframe, shows indication of being in a deep premium. Also, on the weekly, price has tapped into...
I approached the charts fresh out of the shower. I got in at 9:20 AM NY Time and got to the computer around 9:40 AM NY time. But anyway, I saw on the weekly that we were slowly rejecting lows. So, that means if I saw either a shift in structure or a change in the state of delivery, aka a break above an OB that has taken liquidity to go higher on the 4H or 1H,...
Market Update DXY is bullish on the weekly and daily timeframe GOLD is bullish but needs some retracement lower trade safely and apply risk management
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...
Hello Traders and Investors, today I will take a look at the Dow Jones. -------- Explanation of my video analysis: There is one major long term pattern which we have been looking at for a very long time - a rising channel formation. Just a couple of months ago the Dow Jones retested the lower support trendline and created a beautiful triangle breakout while...
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.
Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
In my earlier video, I was convinced that the market will sweep the 4h SSL before going higher. I was was wrong, as my update afterwards showed. In this video, I recapped my analysis, acknowledging my shortcomings and What my mindset should be in the markets. We live and we learn :)
So, looking at recent moves in US30, it seems as though we can expect some bearish move to 381995.15 as a low hanging fruit objective. If the bearishness is maintained, I would be looking for price to reach 37975.49 level. I have tried to explain my thinking in the recording. It is my first video, so I am still learning to be more articulate. I hope overall, it...
due to on going conflict and certain a.i running things to the upside for me on us30
In this live trading session video,we look at our open positions on BRENT 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.
AMEX:DJIA break below 39000 opened a new bearish wave cycles near-term and possibly long-term
CHECK OUT MY BIO.... Knowledge Required to nail OANDA:US30USD 1, Good understanding of price Trend/directions 2, Absolute respect for Supports and Resistances 3, Knowledge of candle stick patterns 4, Discipline to use partial TP, SL 5, Discipline to wait for confirmations and only act when required See the video for more.
Hoping to take sells off of the demand up on top. Hopefully we see price retrace nicely and not impulsively into our POI. Goodluck to everyone trading today
CHECK OUT MY BIO.... Knowledge Required to nail OANDA:US30USD 1, Good understanding of price Trend/directions 2, Absolute respect for Supports and Resistances 3, Knowledge of candle stick patterns 4, Discipline to use partial TP, SL 5, Discipline to wait for confirmations and only act when required See the video for more.
DJIA (US30) is exhibiting strong bearish momentum and could potentially extend this current downtrend. Sell entry is at 37,770.60 which is a potential breakout level ( wait for 1-hour candle to close below 37,770.62 for confirmation ). Stop loss is at 38,100.00 which is a level that sits above a pullback resistance. Take profit is at 37,175.41 which is a...
US30 buy idea and explanation of how to manage stop-loss.
Price breaking out the bearish channel and we are ready to take those buys