In the video I review my trades on the DOW Jones Index for the session and talk through the setups, price action and reasoning for the trades. I also talk through the overall bias for the session and the missed opportunity from my sessions plan.
Feel free to join in our live trading room....link in the signature below.
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In this update we review the recent price action in the emini DowJone futures and identify action areas for the week ahead
PAST PERFORMANCE NOT INDICATIVE OF A FUTURE RESULTS
Prepping a market and having a defined directional bias coming into a trading session, is the key for a winning day.
In the video I talk through a Live Trading session we had with our group and the reasons why we were bias short.
I talk through the areas our traders hit sell entries and Where and Why I was happy to enter the market short once my ideal Price...
In this update we review the recent price action in the emini DowJones futures and identify the next high probability trading opportunities and price objectives to target
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
we have sell pinbar on row daily chart
2 scenario possible =70% mini crash in next 90 day or 30% break up trendline and start new up trend
advice don't pick buy before green line break
wish you stable profits
In this video I take a look at the psychology of a phase of Price Action that we traded in out Live Trading Room.
I review the key price action that I am looking for to get involved in the action for a new momentum push up/down. Our aim in trading is always to enter a trade in the 'unknown' as traders start to realise they are on the wrong side of the...
Looking for Bulls to re-claim their territory at 33655 will be holding this as a potential swing to 34225 for 560+pts this is a 10:1 Reward/Risk opportunity and as long as Fed Chair doesn't say something to screw up the markets we should remain bullish from here...
Short Term Elliott Wave in Dow Futures (YM) suggests the decline from 7.27.2023 high has ended with wave (W) at 33014. The Index is now correcting that cycle in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave (i) ended at 33410 and pullback in wave (ii) ended at 33032. Index then resumed higher again in wave...
Prepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process.
We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is...
Dow Jones index futures has completed head & shoulders bottom formation and is exhibiting a breakout from the resistance zone on the 4h time frame. If the breakout is successful, we can expect the price to hit the previous support/resistance zone of 34800.
In this update we review the recent price action in the emini DowJones futures contract and identify action areas for the week ahead
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS
Looking for regular flat to be near complete, two more impulse waves down to get price below 32254 and complete expanded flat B wave. Count invalid if price breaks above 34382 and 34637.
Comparing ES1! and YM1!, I'd like to see one more move down for each to complete their corrective structures. I would look to long once YM1! breaks below 32254. I would like to see ES1! get below 4173.
In this update we review the recent price action in the emini DowJones futures contract and identify potential action areas for the week ahead
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
We cannot trust the last 2 green candles, strong resistance around 33820 area. This upside movementum is just a correction of the drop that we saw from 35560 area. Good chances that tomorrow it will open with gap down and continue to slide down. Of if it opens with a positive sentiments that it will again hit the road block at 33820 zone. For now the index is not...
I am looking for bottom of expanded flat (green ellipse) to complete below 32254 but above 29790.
After bottom prints, I'm looking for an impulse C wave back towards ATH, to complete the zigzag from October 2022 low.
In this update we review the recent price action in the emini DowJones futures contract and identify the next high probability trading opportunities and price objectives to target
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
