Dow Jones Futures Daytrading Setup Continuation Long 41,750
I am looking for a pullback Long for the continuation up to 41,750 which is around the 2X range expansion. A somewhat of a repeat of yesterday. A dip below the open followed by Long at the NY open.
I will have to see how price is behaving towards the NY open.
My stops are always 50 ticks and my targets are 150 ticks. 3 to 1
Using my wealth trade, price is now in breakout mode on the weekly and will be ripping higher to 49,000. I will only be looking for Longs for the next 12 months.
I will have to see how price is behaving towards the NY open.
My stops are always 50 ticks and my targets are 150 ticks. 3 to 1
Using my wealth trade, price is now in breakout mode on the weekly and will be ripping higher to 49,000. I will only be looking for Longs for the next 12 months.
Trade closed: stop reached
Took two losses this day. Didn't see the transition from Trending to Range. Was completely wrong on this day.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.