Long

US30 Long

I trade GBPJPY only, not only because I love the pair and it's volatility, but it's preparing me for the more institutional style of trading and training for the US30. This is a position in which i used my same analysis, as i would on GJ because the correlation and overall mobility of both instruments is amazing. Here, we can obviously see that was retesting the counter trendline, so i waited for weekend data to print. It's retesting right at that monthly support which gives me a great deal of confluence along with a couple other factors. Just looking to take the position to the 0% on the fibb, as i usually target the extension. I am a sniper trader and will look to implement my trading style on this asset. More backtesting and practice trades to come. I am only backtesting US30 for the next few months. We will see if the analysis checks out and if there are any tweaks that need to be made.
backtestingBeyond Technical AnalysisdowjonesTechnical IndicatorssnipersnipertraderTrend AnalysisUS30

Also on:

Disclaimer