Full Breakdown of My Trading Strategy Dow Futures DaytradingI will be detailing my strategy to both help others and to help myself fine tune my strategy.
My strategy is one of market maker cycles. The end goal: to trade off of the Daily chart by drilling down to the 15 minutes for entries. Everything revolves around the Daily chart. The only indicator I us
About E-mini Dow Jones ($5) Futures
E-mini Dow Jones ($5) futures are derivative contracts with the Dow Jones Industrial Average (DJIA) Index as an underlying asset. These mini futures are electronically traded and give investors exposure to the US stock market through 30 US blue-chip companies, but they represent only a portion ($5) of standard Dow Jones futures, which makes them more accessible. Since these are still futures, traders use them to hedge their stock portfolios against risks that are inevitable in markets.
Related futures
Range Bound July Fade The BreakoutNow that CPI has traded and closed below the monthly open, I am eager to see Wednesday's price action. I believe this is the Low of Month/Mid Month Reversal to trap shorts selling down low. Since the trend is bullish, I want to see buyers step in and pivot away from that low. Trap and shift.
I don
Range Bound Trade Trigger Long Dow FuturesI am Long now at 44,437
120 tick stop
335 tick target
Market gapped down, flushed the lows, tapped the monthly open by a hair and closed back inside. My stop is under the low and under the monthly open. My idea is that is will continue bullish back into the range.
Price is forming a range and mea
CPI Long Off of March's Monthly Open Possible NY SessionIf I can get a small doji formed after CPI at around the orange line (March's Monthly Open) I will enter Long.
Once entered, stop loss is 120 ticks and target the high 325 ticks.
I believe CPI will be whipsawed and range bound until NY opens up swinging
This is the 2 Hour chart for the pattern.
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of E-mini Dow Jones ($5) Futures is 44,805 USD — it has risen 0.42% in the past 24 hours. Watch E-mini Dow Jones ($5) Futures price in more detail on the chart.
The volume of E-mini Dow Jones ($5) Futures is 2.49 K. Track more important stats on the E-mini Dow Jones ($5) Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For E-mini Dow Jones ($5) Futures this number is 83.64 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for E-mini Dow Jones ($5) Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for E-mini Dow Jones ($5) Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of E-mini Dow Jones ($5) Futures technicals for a more comprehensive analysis.