Dj30
Dow Jones UptrendOnce DJ30 raises to 28700 it may pullback a bit and then hit 29500 easily considering stimulus package deal is on its way
DJ30 - Dow running +600 pips US30 - Buy is valid
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
US30/DJ30 Weekly OutlookTechnical:
Daily ascending trendline
Weekly fib
4hr fib
4hr descending channel
Buy Entry:
Close above 78.6% weekly fib level
Close above 23.6% 4hr fib level
Close above 27,500 breaking LH/LL structure
Break of descending channel
Target - 4hr 61.8% Fib for around 600 points
Sell Entry:
Break of daily ascending trendline
Close back below both fib levels
Target - 4hr -23.6% fib for around 600 points
Stocks Strategy is now here!We don't like standing still, so now I am keen to launch our strategy for stocks and indices.
Same ideas as our FX one and we have optimised settings for the below pairs.
There aren't meant to be shortcuts in this game, so we created them instead.
Please see the link to strategy script in related ideas too.
Thank you
Darren
US30 Sell still valid.Still time to review and consider this one - not far from entry price.
This entry is based on our specific parameters for US30 as you can see in the bottom graph - almost a 1000% gain since 2018 with a fixed 1 contract size, no compounding!
We are aiming for TP3 or closure for a reverse trade for target, but manage as you wish should you enter for those without access to our tool.
Regards
Darren
Bearish Flag Forming on the US30Potential drop on the DJ 30 Futures / retest of 27,000 support as bearish flag is forming!!...
US30 Sell now valid!US30 sell is valid on our strategy - 800 pips on the way up and the Buy is now closed due to the opposite signal being displayed.
Lets see how it plays out for us now.
Regards
Darren
DJ30Price touch the supply area and react...
Price may go south to the demand area..
But price approach need to be good to take a long trade on demand zone..
US30 Bearish on 4H using Elliot WavesUsing the Elliot Waves 12345 and ABC we see that price should go to point C as a big correction, and it has already broke the small support created in the last 3 days mentionned by a blue line at 25767.0 which is a good confirmation for the sell setup.
Green lines are partial TPs.
What a beautiful picture..... DJ30!DJ30 - to perfection!
Ride it down and then up, buy running almost 1000 points.
Very simple.
Regards
Darren
DJ30 - new signal, down we come!For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite ways to manage your trades to suit your mindset and time.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy.
We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC .
Regards
Darren
Blue FX
DJ new trade - we need to break the last low and down we come.For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite ways to manage your trades to suit your mindset and time.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy.
We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC .
Regards
Darren
Blue FX
DJ - Down we come? New signal validFor more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite ways to manage your trades to suit your mindset and time.
Works on all instruments
Directly onto your own personal trading view - all devices work
Non repainting
Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy.
We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC .
Regards
Darren
Blue FX
DJ30 / DOW JONES / US30 - About to fall..Price has been consolidating in the highlighted area for a bit.. price may go up slightly BUT once it breaks support shes gone..
(last chart was a bit of a mess so thought id redo it)
US30 - ShortClear H&S pattern has formed. Bad news coming from the US at the moment in regards to the pandemic with highest number of deaths in 24hrs. Anticipate a sell on break/retest of the neckline. Drop back to support around 21,000???
DJ30 - Sell We have just seen the chaos but it was short and should have finished..
Sell DJ30 when price breaks support