Hello Fellows!
I hope you are all doing great!
This trade is an experiment, I'm working on a system and will try to post further details if successful.
Let's see how it goes!
Take care, trade safe and be dandy!
Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for...
New World Capital - Article 4 (continuation)
FOREXCOM:US30
US30 has indeed gone from a falling knife to a space rocket. The volatility is dying down as the session is coming to an end. Prior to the next session, I anticipate that there will be another liquidity grab that will make the price slips rapidly before rallying to the level it was at before the...
US30 is back for us to open more buy trades,
Retest level was hit and now we wait for market to give another chance to enter more trades,
All i know is that i am the Greatest in trading
US30 is currently in a downward trend. It is recommended to wait for effective support to be formed before buying again. The lower support should focus on the 37200-37400 area.
All my current transactions maintain 100% accuracy. If your account is still losing money, you can follow my signal trading and I will help your account make profits quickly!
In my earlier video, I was convinced that the market will sweep the 4h SSL before going higher. I was was wrong, as my update afterwards showed. In this video, I recapped my analysis, acknowledging my shortcomings and What my mindset should be in the markets. We live and we learn :)
With US30 depicting a bearish trend on the !h timeframe i am inclined to take a short sell. Also bearing in mind that the overall trend on the daily is bearish
US3O has already paid out since PSTG 1 AND 2 were hit, now we just trade the trend until the market gives us another pattern to work with. We enter more trades on c-re-enter level
Following our previous analysis, the US30 has touched our Grey area and didn't reject on our resistance trend line but broke it. We are now expecting a retest, possibly followed by a surge to new highs. For more trade setups and analysis
Hey There on 1htF the US30 looking for buy opportunity here 38.400 and til valid rise upside untill ourp resistance support 39400
And then we can sell opportunity immediately back side till 38100 so we can use this circle and continue make target
Taking shorts as Dollar index gaining strength. we have to take advantage of this retracement to our supply from the early hours of the day and scale in with sells.
US30 hit a significent zone and created a double top, broke the trendline and dropped even further. Broke a zone retested and it seems like we looking for more selling opportunities.
Tell me what you think traders
H4 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
US30 broke structure and continued on a downtrend giving us a new low (Indication). It is now in a correction phase and watching as price reacts to that area 38400-38500.
If we drop and close below 38440, will be looking for entry to sell to the lows at 37300 area.
