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Us30idea

US30 OUTLOOK UPDATE During yesterdays London session we were stuck in a consolidation faze for 8 hours. Once we finally broke out we rejected off major zone 34100 for the 5th time and then rejected back off of 33750...end up back right where we left off during London session. Also stated this yesterday, "i would like to see a retest of 33750 and a break through 34100. If not we might bounce back and fourth within a major consolidation zone from 33100 - 34100" We still need to see a clear break through 34100 to break resistance.
OANDA:US30USD
by CORNINO
US30 30 min breaks February 23Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat. *** I update my charts every night and in the morning to confirm the S And R *** -The strategy is for the 30 minute chart. -Edwin usually sends over the charts already marked up. -The Support and resistance lines are based off of the 1D, 4H, and 1H charts. -This is a market structure strategy so you'll want to make your trade decisions based on how the market is trending and using the S/R lines provided. Comment Below if you have any questions or input about the strategy.
OANDA:US30USD
by edwingonzalez13
DOW JONES LONGS 📉📉📉📉 After price taked out my SL on my entry yesterday i wil re-enter LONG on this area because all the traders/investors expect the price to drop hardly during the ny/nasdaq open as i am a contrarian trader i will go agains the heard and LONG IT, we also have a bearish gap that should be closed there and a bullish GAP on VIX that should be closed meaning BULLISH INDEXES. Also price taked out weekly lows + sell stop liquidity (there is no reason for the market makers) to push price lower. What do you think ? Comment below..
ULong
by AnonimFXRO
DOW JONES LONGS 📉📉📉📉 Expecting bullish price action on DOW JONES on a mid-long term perspective as price failed to make another leg lower, the price takes out weekly lows aka sell side liquidity and then quickl reverses with a bullish candlestick h4 closure. Another conflunce in this area is that we have a bullish orderblock on h4 a strong are of demand for the price + the institutional figure 34.000. 📉 We are in a RISK OFF market sentiment today as Asian/European sessions opened bullish + green in crypto What do you think ? Where DOW JONES goes ?
ULong
by AnonimFXRO
1
US30 1h Price Action | Neutral | Long/Short breakout | TESTINGHello traders, I'm forward testing some ideas for US30 on the 1h chart and live market conditions. IDEA: - breakout either long or short - Stop Loss below previous line - About 2.4 Risk/Reward - TP adjusted according to support/resistance on higher timeframes (4h and Daily) IMPORTANT: By no means take this as something to copy, it's a forward test and it might turn out to be unprofitable. That said it should be fun to watch how the trades unfold :)
U
by HedgeFox
US30 15M Support/Resistance Zones Showing Great Ranging Entries.Out of the 4 trades that I found doing live analysis on the 15Min. 3 were extremely successful wins (Green Vertical Lines) and 1 a small loss (Red Vertical Line). If you were to have taken each of these trades with 1 percent risk on your account, you would have seen a 22.78% gain from trading today alone. The first trade being successful also funds the next 6 trades with profit alone, instead of dipping into account balance. I say this because the first trade shown is a 1:6 RR winning trade. Just thought I'd share how well these Support and Resistance Zones work when ranging, especially for US30 I can't speak for other currencies or indexes though. Its also worth mentioning depending on entry strategies you have, this could be much less risky. One way I see achievement of a less risky entry is instead of waiting for price to hit your entry level (The Support and Resistance Zones) like shown in my screenshot, allowing price to actually push to your intended Entry or past your Intended Entry before you even set your trade and instead catch it on the Zone bounce upward or downward allowing the trade to confirm respect for these zones. You will be able to see this on a lower timeframe like the 1Min and secure a better entry with potential for a much smaller stop loss or realize it is going to the lower or higher support or resistance zone. This would have made the failed trade (Red Vertical Line Shown) much more unlikely as I wouldve known to wait until it reached the bottom of the S/R zone. Which I ended up trading anyway, however the loss was preventable. If you find this trading opinion or analysis useful like and follow, I'd like to start posting more. Thanks.
U
by FX_Road_To_100k
US30 30 min breaks February 15Follow the 30 minute breaks of support and resistance , this is a scalping strategy created by Edwin Gonzalez. I have no bias on the market as I create the chart I trade what I see and react to it. Simple explanation of the strategy is to look at the 30 minute chart look at the direction where the candle closes above or below the line , take the trade on that direction. I cant stress this enough , this is a scalping strategy as soon as I see blue I put my SL in profits. Rinse and Repeat. *** I update my charts every night and in the morning to confirm the S And R *** -The strategy is for the 30 minute chart. -Edwin usually sends over the charts already marked up. -The Support and resistance lines are based off of the 1D, 4H, and 1H charts. -This is a market structure strategy so you'll want to make your trade decisions based on how the market is trending and using the S/R lines provided. Comment Below if you have any questions or input about the strategy.
OANDA:US30USD
by edwingonzalez13