US30 - POST NY SESSION ANALYSIS - 05092022Price just kind of bounced around today around the new structure lows formed over the last day or so.
I am looking for price to pull back up a bit to previous structure lower highs in confluence with a supply/demand zone in that same area as well as a weekly support/resistance level and 38.2 fib.
Expect price to move sideways during Asian session tonight and hopefully pullback during early London session, exhibit some exhaustion/reversal signs, and then I will get in with approximately 1:6 RRR which is fantastic.
I will see you before NY session tomorrow!
Goodnight!
Us30update
US30 - PRE NY SESSION ANALYSIS - 05092022US30 - PRE NY SESSION ANALYSIS - 05092022
The bears have continue their push down starting off this new week, getting down into the 32500 range.
I anticipate that price will continue to drop as there are no major support levels to hold price up for a good ways.
I am looking and waiting for a pullback to previous levels of supply/demand and then exhibit signs of exhaustion and reversal on the lower timeframes up to H1 to consider an sell entry to continue the downward wave.
At the time of this writing I don't see that entry opportunity yet but I will have my eye on it.
Happy Monday!
US30 - POST NY SESSION ANALYSIS - 05062022Price has just been bouncing around all day after NFP.
No real direction just bouncing back and forth between 32900 and 33100
I think the bearish momentum is still definitely intact.
Will continue to be looking for shorts starting off this new week.
Enjoy your weekend and see you pre NY session on Monday!
US30 - PRE NY SESSION ANALYSIS - 05062022NFP DAY!!!
Since my last post, price has literally just moved sideways.
Currently there is very little volume in anticipation of NFP @ 8:30AM EST
I don't currently see an entry but I am looking for price to pull back into the 33200-33400 range and exhibit signs of exhaustion/reversal.
At that point I will consider and entry but it looks like that is atleast a couple hours away.
Also have to take into account that it is Friday and I don't particularly like holding trades over the weekend so I may just sit out today and come back fresh next week unless I see a really good opportunity: 1:3 RRR and SL outside of structure.
Let's see what happens today.
Watch out for news and Happy Friday!
US30 - POST NY SESSION ANALYSIS - 05052022THE BEARS ARE BACK IN TOWN.
After the push up yesterday following Daddy J. Powell's comments, the market (shocker) has corrected itself and continued with the overall bearish directional bias.
IMO the comments made yesterday about the "strength" of our current economic and labor situation were simply a distraction from the fact that they announced the largest interest rate increase since the year 2000.
Had they not made these comments, the markets would have not only gone up, they would have PLUNGED.
So instead we had this dog and pony show of "everything is fine" while the house is burning in the background.
That's why initially the market jumped up 1000 points after this "news" but today the real market factors came back into play and here we have the result.
All of the 1000 point gain that was realized yesterday has been completely erased and by all of my measures, the bears are still in control here.
I anticipate price to hover sideways during Asian and early London session.
I will then be looking to get back in somewhere around good ole 33200-33300 level to continue the ride downwards, targeting previous structure lows.
Have a good night and see you tomorrow morning!
US30 - POST NY SESSION ANALYSIS - 05042022Well that was a doozy!
As anticipated, news threw all technicals out the window and pushed price up over 1000 points in 2 hours at the time of this writing.
With this new push up we will see where price goes during Asian and London session but it price forms a support at this new 34000 area then potentially we may be looking at a further push up to retest previous levels of support/resistance heading towards 35000.
If not, price may run out of gas in this 34000 area and then look to continue the push down to approximately the 33000 or 32500 levels.
Have a good night and see you before NY session tomorrow morning!
US30 - PRE NY SESSION ANALYSIS - 05042022FOMC Day today
Major US economic news including probable interest rate announcement.
With that in mind, price hovered sideways during Asian session and early London session.
Has now pulled back into the zone of approximately 33200 - 33425
Despite news, I'm still targeting a sell order in this zone once price shows signs of exhaustion or a reversal pattern.
Keep an eye out on news today and I will talk to you after NY session!
US30 - POST NY SESSION ANALYSIS - 05032022Price today pushed down to around 33000 and kind of just hovered between there and 33300
Ranging market full of indecision pending tomorrow's FOMC Meeting.
Keep an eye on the news for interest rate decision and other news that can send this moving.
I anticipate price will continue in this range of 33000 - 33300 throughout Asian session and early London session tonight.
From there I think the bearish move will continue with news fueling this but we will see.
Have a good night!
US30 - POST NY SESSION ANALYSIS - 04292022What an end to the month :/
After my last post, price floated sideways for a couple hours then right after market open at 9:30AM EST price shot up and stopped me out @ 33875 then shot back down to my TP of 33400 and continued pushing down all the way to my previous TPs earlier in the week of 33200 and 32950
I have to say I'm a bit salty about this but I'm just going to add some pepper and keep it cooking.
In retrospect the 2 things I could have done differently here are:
1. Entered the trade during London session - this would have been the absolute optimal time to enter with a ridiculous risk to reward of 1:5 minimum but the only problem with that is I was asleep and usually am at 2AM. So this is probably not feasible to try and adjust much.
2. Once I was stopped out I could have looked for exhaustion and a sign of the bears coming back into the market on the M1 timeframe. I went down to the M5 and M15 after being stopped out but didn't see any big wicks or clear reversal patterns that indicated to me price was going to start dropping. This combined with a strong bullish close on the H1 off a possible 38.2 fib level on a bullish countertrend and I thought I should just let this one go, and I did :/
3. Once price dropped a bit I could have gotten back in albeit at a lower level but at an indication of exhaustion on the M15 which did occur. I was already checked out of the market by this point tbh and not in front of my trade station just tracking on mobile so I called it in for the week.
I learned some valuable lessons this week including the importance of documenting my trades in detail.
I feel that this platform gives me a good place to do this while also sharing my findings and journey with others who are also trying to find their way to consistent profits in this trading game.
With that, I hope to continue doing these pre and post NY market analysis videos for my own journaling and growth as a trader but I also hope that maybe you get some value along the way :)
Have a great weekend, take a break from the charts and refresh.
See you pre NY session on Monday!
US30 - POST NY SESSION ANALYSIS - 04262022Well that sucks :(
Price didn't come up to the roughly 34200 level that in which I would have been looking for an entry signal.
Instead price continued to drop after the last video I posted this morning around 6AM EST.
Price did go all the way to my projected target of the previous lowest low formed yesterday.
Will keep an eye out for the next potential move..
See you all tomorrow morning Pre NY Session.
Have a good night!
US30 TRADE UPDATE Well we missed the first entry and then posted another entry on the 15M TF and it's going out perfectly with minimal drawdown... partials have been taken and stop loss is at breakeven... hope someone enjoyed this one.
US30 Second EntryUS30 has brocken a 15M TF and it looks to be going... here's a second entry but as always trade with caution ⚠️ always use a stop loss.
US30 Made Inverted H&S Pattern Long Setup After Nick Line BreakThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
US30 PREDICITONas you can see we can retest once more before going for a buy in order to get all that liquity
US30 30 min breaks November 1Follow 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 ****
US30 30 min breaks October 27Follow 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 *****
US30 30 min breaks October 21Follow 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 *****
US30 30 min breaks October 20Follow 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 *****
US30 short long term analysis (MN) UpdateWe are holding. I opened more sells. A beautiful downtrend has respected our trend line for 4 days straight. I now anticipate the market to keep doing this until we have met our target.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance. If you have any concerns, we suggest you seek advice from a professional financial advisor. Keep in mind that past performance is no indication of future results.