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Dow Jones Industrial Average Index

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US30 trade ideas

DJI / GOLD in a end of consolidation ZoneThe performance or price of gold might determine the future price of DJI/Equities. It looks like it is 'on the balanced state and Can stay there for some time. Meaning, the ratio can be the same, prices of both Gold and equity can rise/fall at more/ less the equal percentage. Possible outcomes:- 1. If the ratio remains the same, then the rise/ fall in both Gold & equity more/ less remains the same. 2. If there is a increase in the ratio, meaning there is an increase in equity value and Gold remaining the same or increase in equity and a decline in Gold. 3. a)If there is a decrease in the ratio, meaning there is a decrease in equity value and Gold remaining the same or b) Decrease in equity and increase in Gold, which is very rare to happen only when there is minimal or zero economic activity due to war on other pandemic like situation) Leaving option 3b above, I feel we are at the end of option 1 and about to start option 2.
TVC:DJI
by aravindleo_99
US30 Trading Plan - 03/Jul/2022Hello Traders, Hope you all are doing good!! I expect US30 to go DOWN after finishing this correction. Look for your SELL setups. *This BUY is risky and I am biased only for short term upside, if you dont know how to manage your trade, dont take the risk now and wait for it to break the last low for HPB . Please follow me and like if you agree or this idea helps you out in your trading plan. 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
OANDA:US30USDShort
by For3xScalper