Dow Jones Futures Bullish Move Into Resistance 450 Ticks 10 to 1I will be looking for a Long entry with a limit order at the price of 42,420 which is the High price of the September FOMC. I will use a 50 tick stop and target the resistance level of 42,975.
I believe this week will be bullish as the down move from earlier was counter trend. I closed my short p
MYM1! Bullish Price Action for 10/31
This week’s overall trend for CBOT_MINI:MYM1! appears bearish, but during the NY session, we’re seeing strong bullish moves, often exceeding 200+ ticks. Given this pattern and the respected supply zone, I anticipate similar price action tomorrow (10/31).
I plan to enter at the 8:30 CST open, ai
Weekly Forex Forecast Oct 28th: S&P500, NASDAQ, & DOW This is the Weekly Forex Forecast for Oct 28 - Nov 1st.
The S&P500 and NASDAQ are neutral at the moment, but the trend is bullish. Patience will pay off if we wait for confirmations to bullish orderflow.
The DOW is looking weaker than the other two. It is clear the short term profit targets are to
Update to September FOMC Support and Resistance Price LevelsUsing the high to low prices of the September FOMC, and the range expansion tool to project measured moves, prices have been forming support and resistance levels based on the ONE 8 Hour candle of when that FOMC release was at 2pm on September 18th.
High: 42,415
Low: 41,855
33%: 42,230
50%:
Re Entry Into FOMC High Support Trade 7 to 1 350 ticksThis post will be an update to my prior post regarding bullish price action back up to take out pivot highs.
Monday and Tuesday has been using the FOMC High price, notated in green line as a solid support level. The last twenty minutes of the day saw a spike off of it into the close.
Using Monda
Dow Jones Futures End Of Day Sell Trigger EntryA counter trend sell setup has just triggered for me and I entered in 15 minutes before Friday's close and got filled at 43,544. If you want to take this same setup, you can enter in on Sunday's open at whatever price you may get filled at.
The reasoning behind this trade?
Daily Timeframe Entry
Average Range Levels + OHLC Statistical Mapping Short SetupMy bias for today was bearish.
My Bearish Model:
Entry: -Manipulation
Stop-Loss: 1/3ADR+
Take-Profit: -Distribution
If you have any questions and eventually wanna learn more about the tool and have chance to receive a discount code. Shoot me a dm.
YM Short trade 10/27/2024YM is in a downtrend in daily and 4hr chart. So, macro match. It is the weakest market among all the equities. Taking a short position in confluence supply zone (top HV supply zone that coincides with the 4hr 21 EMA). We have another HV SZ that coincides with 4hr 200 EMA (bottom zone). Risk= $250. T
MYM Short 10/30/2024MYM is in a downtrend. Placed a short position in SZ above MA. It is the weakest equity. Risk= $250. Target= 1:1 and 3:1.
DJIA/YM1 1D Bear ABCDDJIA/YM1 1D timeframe has active bear ABCD harmonic pattern. may see a quick bounce to form hns, then sharp continuation lower.
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for E-mini Dow ($5) Futures (Sep 2021) is Sep 17, 2021.
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 E-mini Dow ($5) Futures (Sep 2021) before Sep 17, 2021.