US30 LONG AFTER A 2,500 POINT DROP IN DOW JONESUS30 BUY SIGNAL BUY LIMIT Time Frame : H4
Entry ENTRY Price : $27048
Entry price 2: $26988
Stop Loss $26770
TP 1: $27448 & TP 2: $28048
TP.3 $28448 & TP.4 $28988
TP.5 $29348
The Dow Jones Industrial Average trimmed its loss in afternoon trading after plunging more than 2,000+ points as coronavirus pandemic fears intensified.
At its lowest point, the Dow (INDU) shed 929 points, or 3.3%, in the early ... The Dow is more than 8% below its most recent high, putting it close to correction territory.
Us30idea
US30/USD (DOW JONES) LONG SET UP AFTER MARKET DROPS 1,000 POINTSUS30 BUY SIGNAL BUY LIMIT
Time Frame : H4 Entry
ENTRY Price : $27948 & Entry price 2: $28148
Stop Loss $28670
TP 1: $28448 & TP 2: $28748
TP.3 $29048 & TP.4 $29348
TP.5 $29648
The Dow Jones Industrial Average trimmed its loss in afternoon trading after plunging more than 1,000 points as coronavirus pandemic fears intensified.
But it was still down more than 800 points heading into the last hour of the regular session. The Nasdaq dived 3%, the Dow Jones industrials sank 2.9% and the S&P 500 shed 2.7% in the stock market today. Small caps tracked by the Russell 2000 tumbled 2.8%.
Volume was sharply higher on both major exchanges vs. the same time Friday. The Dow is now underwater for the year, down 2%, while the S&P 500 held a 1% gain. Both indexes fell below their 50-day moving average lines. The Nasdaq, up 3% year to date, is testing support.
The coronavirus continued to spread outside of China, as cases ramped up in South Korea, Iran and Italy. That rattled stock markets around the globe.
US30 11/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
Here u will find a thought process to identify these spots on chart, where SM stuck with their orders.
We want to play with SM so, we looking for entries (depending of direction) on HEC in 3 spots:
- top of WICK
- top/bottom of BODY candle
- 50% of BODY candle
CHARTS AGENDA:
BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS)
BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS
BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US
BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL)
BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA.
EQH - EQUAL HIGHS
EQL - EQUAL LOWS
PA - PRICE ACTION
SM - SMART MONEY
HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :)
I'm so grateful to Mentor's which I met on my trading journey for this knowledge, and cause of struggling few years to discover how the market really moves i decide to share it for free with all of u.
My only goal with it is to Help all of u to have a breakthrough in your Trading Journey and obviously it will impact all your surroundings <- generate more time 4 u, more freedom and this will impact others.
We are all human beings but we act as enemies being against each other.. Stop fight with each other! Focus on Freedom, and broken Governments who keep us under financial leash! Live is amazing, but u already know that...
We've been simply INDOCTRINATED and BRAINWASHED to be slaves in this CORPORATOCRACY SYSTEM... But TOGETHER we are strong, so do your homework, and share this knowledge with someone u take care of...
If u have any questions go ahead and ask:)
GOD BLESS U ALL!