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Micro E-mini Dow Jones Industrial Average Index Futures (Jun 2022)Micro E-mini Dow Jones Industrial Average Index Futures (Jun 2022)Micro E-mini Dow Jones Industrial Average Index Futures (Jun 2022)

Micro E-mini Dow Jones Industrial Average Index Futures (Jun 2022)

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MYMM2022 trade ideas

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 the breakout. The biggest clue was August 22nd's exhaustion bar. Another huge clue is the start of September is a holiday at the top of the wedge and the start of a new month. New Month, New Timing Cycle. How I will be playing September: I will limit myself up to only 10 trades One trade per Daily Candle when Initiating a trade 120 tick stops 480 tick targets 4 to 1 Hold overnight until stop or target is hit Aim for a 40% win rate 4 wins 4*4=16 6 losses 6*1=-6 Net +10R
CBOT_MINI:MYM1!Long
by Dow_Jones_Maestro
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 what do I think will happen next? * a break of the purple line and a push downward by sellers seems likely simply by looking at the narrative shown by price. * we have hidden bear divergence and we have a break of obv uprend showing sellers power increasing
CBOT_MINI:MYM1!Short
by jacesabr_real
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 day, win or loss. Wins will be small 1-2R wins or giant 3-8R wins Losses will be small half R losses or simple 1R losses 5-10% of the trades should make up 90% of profits. Most trading months offer around 8-10 really great setups on Dow Jones. The other 10-12 days should be on the sidelines in cash, waiting. To really stay in the game, simple 1 or 2R wins WILL NOT cut it. One has to pay for: Small Losses Commissions Fees Taxes Spreads End of Day Hold Until Close Trade Management maximizes profits and routinely produces 30-40R gains per month. Go through your own past trades and see if holding until 4pm EST would have yielded substantially more profits vs what you have achieved with your current management. I know I did and I am floored. Some Examples: These are all trades that could have been taken. My point is if just using a simple 2 to 1, the profit would have been SUBSTANTIALLY LESS than Hold till Close.
CBOT_MINI:MYM1!Education
by Dow_Jones_Maestro
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 out strong. These are my two trade Ideas for both 4 to 1 opportunities. Thursday low of week Friday trend continuation I am looking for the following price action circled in green to be the order flow needed to fuel the move back up. Creep lower into 45,000 getting shorts chasing down low for the reversal. Big moves take time to setup and so I will be waiting.
CBOT_MINI:MYM1!Long
by Dow_Jones_Maestro
Bearish Weekly Trending Cycle To me, this week is looking like a weekly candle that is going to be a bearish trending cycle. Sunday, Monday formed the high of the week and immediately sold off. Tuesday and Wednesday was mean reverting around 250 forming a falling wedge consolidation for Thursday/Friday to continue the bearish trend. I am currently short inside the consolidation. To me, this wedge consolidation is the middle pause in the trend week and it seems like the goal is to take out August's level. If bearish trending cycle, then Non Farm Payrolls will be bearish and sell off, closing near the lows. I am only going for a 2.5 risk to reward. I have been burned too many times swinging for the fences holding on to big trades only to lose money. My system is 2.5 to 1. Another clue is the consecutive lower openings each day. Sunday opened at the extreme high at 650. Wednesday opened at 320 and now Thursday opened at 250
CBOT_MINI:MYM1!Short
by Dow_Jones_Maestro
YM 9/4 1hrMonthly timeframe Pink Weekly = Grey Daily = Red 4hr = Orange 1hr = Yellow 15min = Blue 5min = Green 4 candles, 6 Levels, & MarketMeta Range = 2 or consecutive candles of the same color. Distribution Range - When price is above a distribution range it will act as support. When price is below, the SwingLow will be the boundary/entrance/exit of the range. Distribution ranges consist of the 1st candle called the BackSide and last candle called the Frontside. Each has expectations. BackSide candle (BS): expectation=strong reaction to price, support price. Hold price above it. Mark this level with a horizontal ray tool on the topside wick or topside body. FrontSide candle (FS) expectation = support price until trend reversal. Protects the SwingLow, exit of range. To mark this level, place the horizontal ray tool on the topside wick or topside body. SwingLow = the bottom side wick of the FrontSide Candle. Boundary of the range. The Accumulation Range - When price is BELOW an accumulation range then these levels will act as resistance to price. Inverse Backside (Inv.BS)= the first candle in the accumulation range. Its marked on the bottom side wick or body of the candle. Its usually next to a Frontside candle. Traders like to see Inverse BackSide candles engulf Frontside candles and create an impulsive Fair Value Gap. These f.V.G's next to FrontSide levels have higher probability than those that don't have the engulfing, F.V.G.. the last candle in the accumulation range is the Inverse FrontSide (Inv.FS) marking the topside wick with the horizontal ray tool is to mark the SwingHigh Level. Mark the bottom side wick or body to display the Inv.FS level.
CBOT_MINI:YM1!
by StudyGuideTA
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 independant confluences as well as a micro bullish bar pattern * bullish rsi and mfi , also oversold on both * reverse pitchfork is frequency aligned to number 2 pivot outside as well as inside frequency line * vwap 2nd standard deviation off number 4 pivot and 1st standard deviation off number 1 pivot
CBOT_MINI:MYM1!Long
by jacesabr_real
08/28 Sell How to Use Pin Bars.Well as you can see the trend was bearish so I was looking for sells. In addition, the pin bar formed at a key level and I entered after it broke the support level. 1. Variation: Yellow ( Trend): The trend is bearish so look for sells 2. Wick Rejecting the Upside: Pin Bar in Blue. I needed this wick to put my SL and confirm the upside is being rejected 3. I entered after it broke with a lot of power. Key Notes: Pay attention to demand and supply levels and specific set ups in those areas.
CBOT_MINI:MYM1!Short
by El_Conde_Montecristo
Buyers Dominate as Dow Micro Futures Push Higher Price Above Moving Average: The current price is trading above the midline of the Bollinger Bands, showing bullish momentum. Bands Expanding Upward: The Bollinger Bands are sloping upward, indicating increasing volatility in the direction of the trend. Price near Upper Band: Price is near or hugging the upper band, which often signals strong bullish continuation. Immediate Support: Around the middle Bollinger Band (~44,500 zone). Next Resistance: Near recent highs around 45,100 – 45,200 area. If broken, this could trigger a breakout continuation.
CBOT_MINI:MYMU2025Long
by Sahrin
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 the direction of the trend or they reverse Below I have outlined my entry criteria and I will see how price behaves at my level. If Long, I am targeting that swing high for roughly 380 ticks. I will give an example of a creeping trend: Another example:
CBOT_MINI:MYM1!Long
by Dow_Jones_Maestro
DJIA – U.S. Stock Market Corrects UpwardTrend: Upward correction after rejection from 45,220.0. Current price: 44,794.0. ⸻ Bullish scenario • Entry: BUY STOP 45,280.0 • Target: 46,480.0 • Stop: 44,800.0 Bearish scenario • Entry: SELL STOP 44,190.0 • Target: 42,880.0 • Stop: 44,800.0 ⸻ Key levels Support: 44,190.0, 42,880.0 Resistance: 45,280.0, 46,480.0 Indicators • EMA (Alligator): still pointing upward, but narrow range. • AO histogram: correctional bars just below zero. ⸻ 📌 Breakout above 45,280.0 → continuation to 46,480.0. Failure and close below 44,190.0 → decline toward 42,880.0.
OSE:DJIA1!
by John_Isige
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 usually, and returns us back to number 2 low which gieves us a very good low risk opportunity 3-4 : a return to solid structure provides a high RR opporutnity with proven buyers behind us * what do I think will happen ? * if the current bar goes higher than the previous, making a higher high in the lower fractal structure, I would like to see the next leg up * if we fail to do so and continue down, I could see us having a decently volitile run down to the support at the higher fractal structure * as far as divergence goes : we have hidden divergence on all 3 of RSI, MFI and accumulation/distribution indicators * MFI and RSI are also oversold which is a good indication here as price action is not too volitile, so its a good signal * using the chaos theory indicator we can see that over the past 2,500 bars, if price closes above a zone we have a 55% chance it will go to the next zone on that way, this is better than a coin flip but not by much, it does give us a chance to break even once we pass one of the zones , because if price comes back down we have a 67% chance of coming back to the genesis of the trade, which I don't particularily like.
CBOT_MINI:MYM1!Long
by jacesabr_real
a return to solid support with bullish activity = BUY 1. sellers push us down after a strong volitile uptrend 2. buyers here push up creating the high 3 , this is higher than the sellers entrance at 1, therefore 2 is now a solid low, as it defeated the sellers from 1 3. we get an expected pullback after a one sided highly volitile move to the upside, a return to 2 now is very good for the end of the pullback and the next leg up * what do I think will happen next * we have a small stop loss at 2 , and we have a logical pullback at 3 , this to me seems like we should go up now , as per trend. * we have a staggering 79% follow through rate if price closes on one side, to reach the next orange zone, so I will breakeven once price exits the next orange zone above us to the top, TP at that target. You can manually verify this by reducing the lookback period and counting. we only count tradable follow throughs * as far as divergences go, the bullish divergence is there for mfi and accumulation / distribution, through rsi has both divergences for buy and sell, we can ignore this kind of behaviour *i'm going to buy, stop below 2 and tp at the next zone target.
CBOT_MINI:YM1!Long
by jacesabr_real
Setup Saturday Backtesting Templates Today I will be going over a setup that I am finding and am liking. It is a mean reversion; Low of the Day Buy Setup to take out the High of Day. I want to trade like Mcdonald's with each setup being a cookie cutter formula. It is either there, or it isn't. I don't want to guess direction or trade movement. I want a simple setup that repeats itself regularly. I am going over my playbook of setups and simplifying my entire process to 3-5 buys and 3-5 sells. Today's setup is LOD Range Back to HOD: This setup has a certain behavior it follows for each of the "sections" of the setup 1. Opening of the Daily Candle 2. Formation of the Initial High of Day 3. The Dump 4. Setting up of the Low of Day 5. The Entry 6. The Pump 7. Where to Place Stop 8. Where to Place Target I have given multiple examples of the same setup with minor variations and across different instruments. This is a New York setup that occurs roughly an hour or two after it NY opens. This is not something that occurs in Asia or London. In Summary: This is a range trade, mean reversion that takes place late in the NY session. It requires the entire day to setup and has specific parts that behave the same. Look for the initial high of day to form and the dump prior to NY. Wait until NY puts in the Low of Day and enter with small doji candles. Target the High of Day.
CBOT_MINI:MYM1!Long
by Dow_Jones_Maestro
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