September Gameplan Down Month To Sweep Lows B/O ATHsSeptember I am going to look for bearish trades in line with these three peak wedge formations.
I am looking for 46,000 to possibly be the high of month
What I am seeing is a build up before the break out of all time highs. I believe the market will make one more dip down to the 43,000 area before
Related futures
Mean Reversion Support at 250. Long 4 to 1Price is mean reverting around 500, this much is plain obvious. I will look for a support entry near 250 area.
125 tick stop
500 tick target
4 to 1 Risk Reward
The orange box is the middle of the range. I.E. the slaughterhouse.
Swing highs and lows formed near the middle get taken
I am expe
Pullback into 45,000 Long 3 bars down plus gaps
I am looking for a pullback into the 75% retracement area that also coincides with 45,000. Round numbers being double zeros.
I am expecting Wednesday to also be a down day.
The trade Long, I am expecting it to be on Thursday with Friday being another Long continuation day to finish the month
selling pressure or lack or buying pressure presents breakout ?* looking at this pattern and pivot points we see a reduction of power from buyers, unable to push the market higher, while sellers then are logically stronger.
* buyers are currently holding the price point in the purple line marked, but they are less able to defend it with every attempt to break
Daytrading Risk Management Strategy Hold Until CloseAfter reviewing my past 500 trades, the absolute most profitable trade management is to hold until market close. If you study the daily chart, most days will close near the highs/lows of the bar.
By only using just a stop loss and no profit target, one can capture monster moves.
One trade per da
Creeping Trend Into 750. Thursday Long Opportunity. My gameplan Thursday is to see how this creeping trend plays out. I am looking for the creeping trend to layer down into 750 near the lows of these 8 Hour candles.
Price is mean reverting around the 1000 level
Creeping trends resolve themselves in one of two ways. They capitulate and blow off in
a return to solid solid structure affords =BUYers a cheap entry 1-3 : a swing low is followed by a one sided highly volitile swing high, this creates two set of events, first is that number 2 is now a solid low, due to surpassing the high of 1 they are proven to be stronger then them , second is the slow and controlled(ish) downtrend that follows volitile moves
downtrend resumption opportunity presents itself * price returns to vwap and previous support, which might be support turned resistance
* what do I think will happen next ?
* if it pulls back from the vwap which price does like to do alot and pushes below the micro downtrend, we could see a continuation to the downside from here
* vpoc behind
return to major buyers presents an on trend continuation entry1->4 : creates a higher high , number 3
is the market participant in control and
to whom we are waiting for a returnt to from
the high number 4
what do I think will happen next ?
* if we return to number 3 we have an opportunity
to join the market ontrend , we would need a
minimum of 3 indepe
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Micro E-mini Dow Jones Industrial Average Index Futures (Mar 2025) is Mar 21, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro E-mini Dow Jones Industrial Average Index Futures (Mar 2025) before Mar 21, 2025.