Market Update (DXY & GOLD)Market Update DXY is bullish on the weekly and daily timeframe GOLD is bullish but needs some retracement lower trade safely and apply risk managementLong08:25by liamsmith0
Dow Jones has topped. After a solid 15 year run the Dow Jones has topped. $39,000 will be followed by the grinding and chopping of the next 3 years. The data forecasts price will settle down to the near $23,720 Level. The Feds response to stabilize this decline is always a factor that cannot be ignored. They can easily print their way into a softer landing. But diving the charge by M2, will reveal the true trajectory and end price. As always. Enjoy the ride. Shortby Urbanmove0
possibility of correction After some fluctuation, the continuation of the downward trend is expected to form and the support range will be broken. Then it can advance to the next support range. If the stabilization is formed above the current support range, the upward trend will be possible according to the specified pathShortby STPFOREX4
US30 Simple 8:am StrategyToday 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 point SL. If you end up getting stopped up, it's not a big deal. The following day you would just double the position size. Make sure you avoid trading Wednesday especially if there's anything related to the FED such as an FOMC. In terms of volume size to trade, for every $100k, start with a 1 standard lot position. If stopped out one day, the following day trade 2 lots, or execute two 1 standard lot positions at the same time. This is a very simple strategy with an 80% win rate. That's it - That's all Trade Safe Education05:02by Michael_Harding3
US30This and NAS100 have a similar path not the same. WEEKLY 40000, the highest price it has peaked at. When it peaks it then drops and goes to fetch support from a previously strong support level. NFP is where we will get our volatility. DAILY We were in an impulsive phase, because we know that the trend is bullish. Just stuck in the ascending channel. 36000 looks like the assumption price, but we need to remember the assumption price is not a strong clue to add to our evidence file. 4H I am seeing a bear flag, which should touch 38700 before collapsing, where we can get in with a risk entry or keep waiting till a reduced risk entry. Let's let price develop before we act and do anything. 1H Just stay watching and waiting.Shortby Mhangwane1Updated 5
US30 Support Holds: Brief Dip, Then BullishHello Everyone, The support structure for US30 on the weekly chart has been resilient, showing strength. A minor downturn is anticipated before resuming the bullish trend. TradeWithTheTrend3344 Longby TradeWithTheTrend33444
DJI ready for downside DXY is on speed. Hence DJI is ready for a cool down. LEt's see how this trade goes.. Shortby Flying_Dutchman_692
US30 SELL-STOP LIMIT FLASHED!!!!!!!!!!!!!US30 just grabbed liquidity at 37740 level am expecting a breakouts from that zone till we take out the 37701 then am going in on a long sell till 37001 is completed join and enjoy tell us what you think......?Shortby CAPTAINFX21115
Dow Jones - Textbook trading setup!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 rejecting towards the upside. If we now get a retest of the breakout level which is then acting as support, a major continuation higher is quite likely. -------- Keep your long term vision, Philip (BasicTrading)03:34by basictradingtvUpdated 7739
US30 Intra-Week Analysis, April 30th 2024Last week we got the expected retest of 38600 before failing to break above then returning to the 38000 level. With anticipation for this weeks FED speech and market indecision, we continued the week just ranging between those key levels. Tomorrow the feds will be discussing their stance on inflation and how they choose to respond will impact the current market sentiment. If the FEDs have a more dovish stance, fueling rate cut bets we can expect us30 to be bullish, above 38600. If they have a more hawkish stance, indicating there is more work to be done we can expect continued corrections on us30, below 37800.by Itskaleel3
Trade ResultsNew World Capital - Article 7 FOREXCOM:US30 US30 is at a key level right now after triggering a lot of SL. We broke even on it and are waiting for the next opportunity around $37,000. If not, we will trade the consolidation at $38000 but not hold it for long as price is driven down. Longby godoffinances0
Dowjones is attempting to break a supportHey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38150 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38150 support we will be looking for a potential retrace of the trend towards more lows. Trade safe, Joe.Shortby JoeChampion5
FORECAT US30 30 APRIL 2024IDENTIFying levels on us30 - 30 april 2024 waiting for price to reach previous major level , before looking for a selling opportuiniyLongby psychasm0
US30 Bullish ideaUS30 BULLISH SETUP ENTRY 1.8 Risk reward setup The insituional smart money concept tactics if you like the trade hit the like button and show some love wish you good luck and good tradingLongby AlphaBull-Trading3
Trade OpportunityNew World Capital - Article 6 We closed some of our positions with profits and are now entering the market at the manipulation currently happening. Another liquidity grab is happening right now around $38220 - $38200. If the price ends up going higher after that liquidity grab, the price should definitely breakout and trade around $38,500 - $38,700 US30 Buy ( 3X ) US30 @$38200 - $38240 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+Longby godoffinances1
US30 (Bullish Area...OR still)Futures tracking Wall Street's main indexes remained subdued on Tuesday as investors awaited the Federal Reserve's interest rate decision and closely monitored earnings updates. The Federal Reserve Open Market Committee (FOMC) will commence its two-day meeting later today, with markets focused on both the interest rate verdict and Chair Jerome Powell's statements. Money markets largely anticipate the central bank to maintain interest rates during this meeting. Currently, they are pricing in approximately 35 basis points of rate cuts for the year, a decrease from the 150 bps estimated at the beginning of 2024, according to LSEG data. Technically: The price is currently trading within a bullish zone, having established stability above the pivot line at 38320. Consequently, there exists a potential for further upward movement towards levels of 38480 and 38590, particularly influenced by earnings data. However, should stability falter and the price persist below the threshold of 38310, it may decline towards levels of 38225 and 38065. Pivot line: 38320 Resistance Prices: 38480, 38565, 38820 Support Prices: 38110, 37870, 37690 The movement range will be between support 38065 and Resistance 38565ULongby SroshMayi9
US30 PREDICTIONUS30 TRADE PREDICTION BULLISH SETUP if you like the idea support please hit the like button and show some love wish you good luck and good tradingLongby AlphaBull-Trading1
Us30Market has formed a W and now on m15 we are moving in on a bullish pattern plus price has to fill the downward move which previously occuredLongby theopontsho30
Dow Jones ShortI'm looking for shorts in the market this week. The trend is changing to the downside in higher timeframes. The markets are stairs to the upside and elevator to the downside.Shortby Vitezabraham0
Trade OpportunityNew World Capital - Article 5 ( Continuation ) Another liquidity grab is happening right now around $38220 - $38240. If the price ends up going higher after that liquidity grab, the price should definitely breakout and trade around $38,500 - $38,700 FOREXCOM:US30 Buy ( 3X ) US30 @$38200 - $38240 TP@ $38539 SL@ $37655 Risk: 1% - 10% Reward: 7%+ - 70%+ Longby godoffinances0
Live Trading Session 261: Open trade on BRT and potential tradesIn 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.05:46by masterthemarkets20104
US30 trade idea Waiting for the $$ areas to be swept with 39330 being the overall target. With this week having a few fundamentals NFP included, big moves loading. Trade safe and use proper risk management. Happy trading week ahead :) Longby OneSidedFX0