US30 Trading Plan - 02/Jun/2024Hello Traders,
Hope you all are doing good!!
I expect US30 to go Up after finishing the correction.
Currently US30 has given a nice impulse showing us that buyers are interested to enter the market for pushing US30 upside.
Plan to Trade:
If market starts to correct from current levels without going further to 39k level, then any correction towards highlighted zone will be a potential BUY.
The first target level to look for reaction will be 39k & if it corrects here then the next target will be around 39.5k level.
If market keeps on pushing towards 39k level before start to correct, then any correction to highlighted zone will be a potential BUY.
In this case the target will be 39.5k level.
Look for your BUY entry setups as per the above expectations.
Your follow and like will be a token of appreciation.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
US WALL ST 30
US30 Alert: Key Sell Opportunity and Potential Bullish Surge!Greetings Traders!
Brief Description🖊️:
Today, I am focusing on trading the US30, with an interest in taking a selling opportunity to reach the H4 bullish order block.
Things I Have Seen👀:
Liquidity Engineering🔄: Currently, price is engineering liquidity right above the H4 bullish order block using a retail pattern (support zone).
Confirmation Buy Zone🟢: Once the price reaches the H4 bullish order block, I will look to buy against the sell stops (stop losses) upon confirmation.
Bullish Targets📈:
-1st Objective (H1 Buy Stops): Anticipating price having to reach into the H1 buy stops, which is high probable.
-2nd Objective (Daily FVG): Anticipating a minor bullish run to reach and potentially fill the DAILY timeframe Fair Value Gap (FVG).
What's Important Now❗
Time is crucial. I only trade indices during the New York session morning and afternoon due to the favorable volatility. Stay observant for real-time developments.
Stay tuned for a video analysis on the US30.
Best Regards,
The_Architect
US30 (Rally Movement...)Nvidia Reports on the Horizon, Wall Street Gains Pre-Bell; Asian and European Markets Up
Wall Street futures indicated a slight rise pre-bell Monday as traders processed the final stages of the earnings season.
Nvidia ( NASDAQ:NVDA ) is scheduled to announce its earnings after the market closes on Wednesday. This week will also see financial results from Lowe's ( NYSE:LOW ), PDD ( NASDAQ:PDD ), and Intuit ( NASDAQ:INTU ).
On Wednesday afternoon, the US Federal Reserve will publish minutes from its most recent policy meeting.
Wix.com ( NASDAQ:WIX ) shares increased by 7.8% pre-bell following the company’s report of higher Q1 adjusted earnings and revenue.
In futures trading, the S&P 500 increased by 0.1%, the Nasdaq rose by 0.2%, and the Dow Jones remained steady.
Overnight, Asian markets mostly traded higher, while European stocks turned positive by midday.
Technically :
The Dow Jones has reached a new all-time high.
Stability above 40005 suggests the bullish trend will continue towards 40130 and 40420. Conversely, if the price stabilizes below 40005, it is likely to drop to 39790.
Pivot line: 40005
Resistance Prices: 40130, 40420, 40730
Support Prices: 39820, 39540, 39360
The movement range will be between support 39790 and Resistance 40420
US30USD LongThis index has formed a doji candle, which might be an indicator of an indecision in the market. I anticipate that the market might retest the resistance at 40,000 based on the fact that sentiment is bearish on this trade.
Entry point at 38150, TP at 40050 ,and SL at 37200 as my R : R is 1: 2.
Kindly remember to risk 1 - 3 % of your account.
SIGNAL: Go LONG on US30 - 15 May 2024Like, comment and share with your peers!
I would be looking for bullish moves on US30 today provided price remains above 39500.
1 hour price bar(candlestick) has closed above a range that started mid NY session yesterday. The range formed shortly after a 211 pips pump.
Find my confluences below;
✅Price at psychological level?
✅Has there been a recent intraday range?
✅Do you see 30 mins or 1 hr price bar closure outside recent range?
✅Will position be in the direction of 4hr and Daily trend ?
✅Has nearby wicks to the lefthand side been identified and marked as potential problem area/TPx?
With these ticked, i choose my entry and SL accordingly with the intention of giving my trade a second chance if my SL is hit
Position Parameters
Entry 39588 - 39609
Textbook SL - 39543.38 (means flexible - put SL as occasion serves you and give the trade a second chance if SL is hit)
Tp - 39801.65 (see partial TP levels on the screen)
Drop a comment to let me know if you have picked up a thing or two form my analysis
Warning:
1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk.
You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
Learn how to trade. See my signature below or visit my profile for more details
US30 Dow Jones Technical Analysis and Trade IdeaThe US30 Dow Jones index has exhibited a robust bullish trend recently. However, we now observe that the index is approaching a significant resistance level on both the weekly and daily charts.
Moreover, the market appears to be overextended. When a market becomes overextended, there’s a possibility of a reversal. Traders closely monitor signs of exhaustion or weakness.
Given these factors, we are considering a short opportunity. It’s essential to manage risk diligently, as trading always carries inherent risks. Remember that this information is for educational purposes only and should not be construed as financial advice. 📈👍
US30 Dow JonesPair : US30 Dow Jones
Description :
Double Top in Short Time Frame
Completed " 12345 " Impulsive Waves
Fibonacci Level - 261.2%
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
US30 Daily Analysis - 16 April 2024CHECK OUT MY BIO....
Knowledge Required to nail OANDA:US30USD
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.