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Dj30

US30 SCENARIOUS30 Outlook. - Weekly: US30 is bouncing further in the channel, we had a nice downmove to the lower border of the channel, where we also caught good liquidity currently it might be up for a move to the higher border. Weekly chart we are bullish. - Daily: We had a perfect retest at the lower border and we can see the liquidity spike. We are below the equal librium, we see a nice tweezer candle and created a higher low indicating a shift of trend possibly. - 4H: There is a nice H&S pattern, we are up trending and the neckline hasn't been broken yet. I would like to see a nice breakout of the neckzone combined with a (weak) pullback correlating with the fib before making a further decision. - Let me know your thoughts, link your outlooks below.
OANDA:US30USDLong
by Nas-Prince
Still a Bull Market?Still a bull market? I am shorting the market here. This action is to protect our portfolio from any downside in the markets and is based on some patterns that we have seen. Many would believe that this bounce is a return of the bull market, but actually following Dow Bear Market Theory, this bounce is within the rules before a further move down to take out our lows. Nothing is certain in investing, and there is no crystal ball, only rules, strategies and risk management. The probability *chance* attached to each outcome should be carefully considered. I give this a moderate chance of happening and for that reason I am opening a short $SPX500 . Fundamental factors for my short include -Inflation is highest in years, not likely to stop and Bank of England will be one of the first in the G7 to increase interest rates. It's logical to expect other countries to be following suit shortly and If the US fed increases it which can occur, the market will fall. -September/October typically tend to be volatile months with little in the way of gains. -Oil reaching a point where it can reverse sending the USDOLLAR soaring which would take stocks down with it. -VIX is reaching a historic buying level, which typically signals a market pullback. Overall my portfolio is set to be safe from a market fall, leveraged to benefit from crypto and gainful in a stronger dollar with FX trades open.
UShort
by Zen-Trades
1
Can Dow Jones bears hold another lower high!?Hey Traders! We hope you all have had a fab weekend, before we begin this post we want to bring you attention to the related posts that can be found below, each of these posts is directed at video education on specific trading topics with each of them being useful to new or experience traders! Moving back to the post about DJ30 / US30: We are clearly in some special times right now because after over a year we finally have some fundamental action that might support a potential bearish trend in the world indices but not only do we have fundamentals, we also have technicals which suggest we have one of the BEST opportunities for shorts in a long time. I'll detail what this 1D chart of the Dow Jones tells us. 1) We have a wedge breakout, a contraction of price which is pushing towards the upside, at its top we have a lower high which was followed by a decent breakout. 2) Our fibs entry process suggests we could prepare ourselves for possible short entries on Monday, Tuesday or maybe even Wednesday, but that should be the threshold for downside 3) a major resistance (marked as "current main resistance") is right between the 30% and 21% of the current swing high to low As traders, and a community, we are more on the "proactive" trading side, where we wait for the right information and react to it accordingly, hence we will wait and zoom in on the hourly and minute charts before we execute our potential shorts which will most likely become compounded swing trades, but until that happens we will be taking buy positions which will be in the form of day trades, but again that highly depends on what we see when the markets open on Monday! What do you guys think will happen with DJ30?
OANDA:US30USDShort
by PrimedGroup
1
DOW JONES Last Timd he did this kind of yellow correctionthink to think Smart Analysis How to trade DOW JONES : Simple : Just trade it smart Investissement on DOWJONES is usually bénéfique on long time !!! 12 or 24 month to return back It can be a good think to wing it bullish way and doing shopping as the price as low he goes in normal market News, Géopolitics, Géo-economy, Macro-economie : Fondamental things i want to say, but i remembered trump twitter things... 1 POste 1 Wave , 10 , 20 the market sometimes changes the side Buy the FORK Sell the news Free TRade can be A security => So When market is down you should have money to invest .... So what to do ? every thing but not full margen or X25 or x50 Do you know the price must drop to zero if you should loose a position with x1 levrage !! So Please dont hurry to win juste do things as investor investor always protect the capital what to do if Market drop ? nothing, just short it in à hedge account or in another account hedging can be progressive with also free trade after 20 % of Gain if it's closed just put the same order few point below you can surf it every time bearish thinks is done scalping mixing stratégie based on 4H interval * Dont forget to buy as low as he goes !!!! For who understand this strategy just don't like the post and don't share it !!! Hey Jone, they know how to beat you !!!! Be SMART Trade SAFE I will make the same for BITCOIN who want it ?? juste like the post
OANDA:US30USD
by biotradingFX
1