#DowJones #US30 Action Areas For The Week AheadIn this update we review the recent price action in the emini DowJone futures and identify action areas for the week ahead
PAST PERFORMANCE NOT INDICATIVE OF A FUTURE RESULTS
YM1! trade ideas
Example of Winning Price Action from a Live Trading SessionPrepping a market and having a defined directional bias coming into a trading session, is the key for a winning day.
In the video I talk through a Live Trading session we had with our group and the reasons why we were bias short.
I talk through the areas our traders hit sell entries and Where and Why I was happy to enter the market short once my ideal Price Action setup gave me all the confirmation that I needed.
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#DOWJONES #US30 Weekly Wrap Up & Friday Levels In PlayIn this update we review the recent price action in the emini DowJones futures and identify the next high probability trading opportunities and price objectives to target
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
Dow daily = I see mini crash to 30000 areawe have sell pinbar on row daily chart
2 scenario possible =70% mini crash in next 90 day or 30% break up trendline and start new up trend
advice don't pick buy before green line break
wish you stable profits
Analysis of the psychology and Price Action of a momentum moveIn this video I take a look at the psychology of a phase of Price Action that we traded in out Live Trading Room.
I review the key price action that I am looking for to get involved in the action for a new momentum push up/down. Our aim in trading is always to enter a trade in the 'unknown' as traders start to realise they are on the wrong side of the action...this gives us the biggest payouts.
Intraday Trading is a process of doing the analysis, reviews and having confidence in your read when LIVE trading.
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E-mini DOW ($5) Futures LONGLooking for Bulls to re-claim their territory at 33655 will be holding this as a potential swing to 34225 for 560+pts this is a 10:1 Reward/Risk opportunity and as long as Fed Chair doesn't say something to screw up the markets we should remain bullish from here...
Dow Futures (YM) Pullback May Find SupportShort Term Elliott Wave in Dow Futures (YM) suggests the decline from 7.27.2023 high has ended with wave (W) at 33014. The Index is now correcting that cycle in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave (i) ended at 33410 and pullback in wave (ii) ended at 33032. Index then resumed higher again in wave (iii). Up from wave (ii), wave i ended at 33756 and wave ii dips ended at 33298. Index resumes higher again in wave iii towards 34092 and pullback in wave iv ended at 33799. Final leg higher wave v ended at 34153 which completed wave (iii). Pullback in wave (iv) ended at 33617.
Index resumed higher in wave (v) as a diagonal. Up from wave (iv), wave i ended at 34123 and wave ii ended at 33707. Wave iii higher ended at 34254 and pullback in wave iv ended at 33966. Final leg wave v ended at 34305 which completed wave (v) of ((a)). Index is now doing a wave ((b)) pullback to correct the cycle from 10.4.2023 low in 3, 7, or 11 swing. Down from wave ((a)), wave (w) ended at 33738. Expect rally in wave (x) to fail in 3, 7, or 11 swing for another leg lower in wave (y) to complete wave ((b)). Near term, as far as pivot at 33014 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.
How to find Key Price Action zones for Daytrading successPrepping a market for daytrading is an important part of my process and understanding and identifying the KEY LEVELS is the major part of that process.
We have to build a Price Action picture of what may happen and what levels may be targeted so we will be ready for a trade. Understanding who (buyers or sellers) is getting caught off side and levels the market is targeting, will set us up for the higher probability trades.
I discuss a few key concepts for Intraday trading and how I identify the important zones. I show some trade examples and high probability trade zones.
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Head & Shoulders Bottom in Dow Jones Futures?Dow Jones index futures has completed head & shoulders bottom formation and is exhibiting a breakout from the resistance zone on the 4h time frame. If the breakout is successful, we can expect the price to hit the previous support/resistance zone of 34800.
#DowJones #US30 Action Areas For The Week AheadIn this update we review the recent price action in the emini DowJones futures contract and identify action areas for the week ahead
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS
YM1! evening updateLooking for regular flat to be near complete, two more impulse waves down to get price below 32254 and complete expanded flat B wave. Count invalid if price breaks above 34382 and 34637.
ES1!/YM1! morning analysisComparing ES1! and YM1!, I'd like to see one more move down for each to complete their corrective structures. I would look to long once YM1! breaks below 32254. I would like to see ES1! get below 4173.
#DowJones #US30 Actions Areas For The Week AheadIn this update we review the recent price action in the emini DowJones futures contract and identify potential action areas for the week ahead
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
Be ReadyWe cannot trust the last 2 green candles, strong resistance around 33820 area. This upside movementum is just a correction of the drop that we saw from 35560 area. Good chances that tomorrow it will open with gap down and continue to slide down. Of if it opens with a positive sentiments that it will again hit the road block at 33820 zone. For now the index is not in bulls territory dont be fooled by green days its just dead cat bounce.
Next week more news is coming out from the fed so fasten your seat belts for some action.
Hit like & follow guys ;)
YM1! evening updateI am looking for bottom of expanded flat (green ellipse) to complete below 32254 but above 29790.
After bottom prints, I'm looking for an impulse C wave back towards ATH, to complete the zigzag from October 2022 low.
The Dow Jones is back on the uptrendAccording to the negative data that came for the dollar, it is likely that the Dow Jones will return to the upward trend
#DowJones #US30 NFP Levels In PlayIn this update we review the recent price action in the emini DowJones futures contract and identify the next high probability trading opportunities and price objectives to target
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
US30 Analysis Quick Trade Idea
Im looking to catch the next wave of bearish movement, and i believe this will be an easy setup.
I have a 4hr level at 34,545 - which is also a Daily level. And with NFP, and more Unemployment data releasing tomorrow I'm sure to expect things starting to reverse back to the downside again
This is just my Personal Opinion, Trade Safely!
let see the next barlets see the next bar yeah
the next bar 15m chart
80 points
for ym
us 30
dow jones industrial
Supply zone short on YMZ2023We have a downtrend on the 4 hour chart.
Downtrend on the 1 hour chart with CCI below -100
Supply zone located on the 15 minute chart. Drop Base Drop
We should get a pullback to this zone which also has a .618 Fibonacci retracement level.
We have another supply zone located above with a .786 and .886 Fibonacci retracement levels inside of the DBD.
#DowJones #US30 Action Areas For The Week AheadIn this update we review the recent price action in the emini DowJones futures contract and identify action areas and price objectives for the trading week ahead
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
#DowJones #US30 Trading The Corrective SequenceIn this update we review the recent price action in the emini DoJones futures contract and identify the next high probability trading opportunity and price objectives to target
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
