Jump to content

Dow trend Your best friend

Guest oilfxpro

Recommended Posts

Guest oilfxpro

The Dow trends are smooth, whereas trends on other indices and currencies tend to be choppy.In a choppy trend, the price breaks out and retraces several times , often hitting stops.  These choppy trends are uncomfortable and stress full for cash traders.Dow offers easier smooth trends, this is because it is constituted  the biggest companies in the world.


The trend is your friend, until the end when it bends.The dow trend is your best friend when it trends.Historically the long trades are more profitable.


The trick to trading is patience – waiting for the right point in the in the trend or support areas before entering a trade. While there are many techniques used to analyse the momentum of an asset, one of the most popular is technical analysis and the use of charts.The charts are you map, and use it as a map, it is the trader who has to trade, it requires simple trading skills.


There are several strategies that can be used for trading the dow.These are

1)Support trades

2)buy the dip

3)Trend line breaks

4)trend retracement

5)trend lines 

6)Trend trding

7)weekly ,monthly and daily options

8)Bullish Option spreads


Option trading has many advantages, it also reduces stress in trading.


Read this site to help you profit from trading, understand the risks involved in trading and risk management is the most important aspect of successful trading.Great traders are patient ,they manage risk.


The site is only intended to help traders.It provides more information about trading successfully.


dow trend is your friend.jpg


dow 5 min 100 tick trend move.jpg


dow2 tlb.jpg


dow ranging box.jpga


FAILEDbuy the dip.jpg


dow daily options quite high.jpgdow weekly options.jpg




[Mod edit: removed link]

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 29/09/22 10:37
  • Posts

    • Hi @HYDROCARBON Your requests have been submitted. Thank youAll the best - MongiIG
    • BRENT CRUDE OIL (LCOC1) TALKING POINTS Demand-side factors continue to dominate. Will OPEC trim supply again? BRENT CRUDE OIL FUNDAMENTAL BACKDROP Brent crude oil rallied yesterday on the back of a weaker U.S. dollar coupled with a notable decrease in U.S. crude oil stockpiles as revealed in the EIA weekly report. This morning has seen a resumption of the downward trend as the dollar is bid once more, making yesterday’s move largely attributed to oversold levels as well as quarter-end rebalancing. Markets are still focused on demand destruction and a global recession as opposed to supply-side concerns. Full article: Sep 29, 2022 | DailyFX Warren Venketas, Analyst
  • Create New...