Dow Futures (YM) Bearish Sequence Targets 49570The short-term Elliott Wave view in Dow Futures (YM) shows that the cycle from the August 5, 2026 high remains active as a double three corrective structure. From that peak, wave (w) finished at 51609. A rally in wave (x) then ended at 52840. The Index has since resumed its decline and broke below the termination point of wave (w). This break confirms that the next leg lower has started. The projected downside target is the 100% to 161.8% Fibonacci extension of wave (w), which lies between 47542
In-depth trading ideas
Day trading October New Monthly CycleNew Month, New timing Cycle. New monthly candle forming.
This is the third month now showing my monthly process.
Now that the first two days have traded, I have gathered some vital information.
The monthly open in orange 51,335. What I am seeing is so far the first two days have been mean reverting around the monthly open.
The 15-minute ATR (the timeframe I enter in on) is at 110
I have decided that I will be using 185 tick stops for the entirety of October. No matter how and where
October Preparation New Month Template StartNow that September has three trading days left, the new month is about to be upon us. I don't know what the monthly open will be yet, but once I do, I will mark it in orange.
So far this month, September has been a bearish template with a sort of creeping down motion. Creeping trends either blow off in the direction they are creeping in, or they violently reverse.
I take it day by day and won't know what October will look like until it plays out. Just a ball park estimate, I think October wi
September Results Day Trading Dow JonesI am going to call it a month being up 12.5R with Thursday's trade closing in green. I will take the rest of the month off to regroup and to let the month play out. Usually, at the end of month's, the market likes to manipulate prices and set up for the next month.
Using the 1-hour chart, I have drawn what the monthly candle looks like and the price action inside of it. Every month I mark out the open of the month and two black vertical lines.
Below are my trades and my thought processes
First Half of September Trades Taken Results Day TradingPre FOMC tomorrow, these are my results so far
10 trades taken
6 wins
4 losses
using 1.6 risk to reward
(1.5 plus 0.1 for commissions)
125 tick stops
200 tick targets
So far up 5.6R
I am risking 3% risk per trade
So far, I am ok with the results. Two losses were just random variance and didn't work out. Nothing to fret about that. The other two were just poor execution and being a dummy. One loss I entered in way too early before the pullback to the 20 and got tagged out. I reentered a
Trading idea for the MYM on September 10, 2026CBOT_MINI:MYM1!
The price is in a neutral position from a technical standpoint. I'd like to see how it reacts at Monday's open and how it unfolds over time to make a better decision on whether to go long or short. For now, I see a good buying opportunity, but I'm not too fond of the fact that the daily 20-period SMA is so close; however, I think the market could still rise further.
US30 15M: Wait for Bullish Break of Structure (BOS) ConfirmationOn the 15-minute timeframe, US30 (Sep 2026) has dropped into a major lower demand/support zone near the $52,060 - $52,127 area after sweeping previous swing lows. Price is currently consolidating within this support block, setting up a potential bullish reversal scenario.
Technical Reference Levels
Projected BOS Confirmation Level: ~$52,180 (Awaiting Break of Structure Level)
Invalidation / Structural Level: ~$52,005.1 (Below the lower demand zone boundary)
Upside Target Level: ~$52,673.1 (O
ULong
Trading Craft 101 · Lesson 04 — Backtesting 101🔵 WHY BACKTEST AT ALL
A backtest is the cheapest way to discover that your edge does not exist. Better to find it in data than in your account. But a backtest is only as honest as its rules — and most backtests are dishonest in the same, quiet way.
🔵 THE EXACT-MECHANICS RULE
Before any test, write the trade in full mechanical detail: the exact entry condition, the exact stop, the exact target, the exact size. "Enter near support" is not testable — "buy on a daily close above X, stop below
#DJIA Futures - 7500 Points move expected?Date: 23-03-2026
#Dow Jones Futures
Earlier we had captured 8000 points move from Apr 2025 and 3500 points since last month,
Now the new levels are emerging which are highlighted 10 days ago and the same is getting updated here.
The levels are drawn on the chart. New 7500+ points move is expected and its non-directional call. No advice for anyone.
I don't mind shorts, but I'd like to get a correction for that!Yesterday was a bank holiday, and today we opened with a strong sell-off into short positions, since the overall narrative for us is still bearish. I’d like to see a correction so we can assess whether the trend will continue, especially since we’re now testing the long NPOC—it would be good to get confirmation and trigger a correction toward the short zones.
**The Four-Quadrant Framework: Using DXY to Navigate Risk**Just as we learned to analyze situations through four quadrants in school, markets can also be approached through a four-quadrant framework.
At the center of my framework is the U.S. Dollar Index (DXY). Its direction often provides an important signal about global liquidity and whether markets are shifting toward a **risk-on or risk-off environment**. Once the DXY trend and market regime become clearer, traders can better align their strategies across equities, commodities, cryptocurrencies, an
My August 2026 PerformanceI want to share my August performance to follow up with my strategy so you can see how an entire month looks like from start to finish. I will admit, I made some mistakes and fumbled at the start. Lessons learned to go into September strong.
I took 12 trades total
Won 7
Lost 5
58% win rate
Total R gained/Lost: +9R
Mistakes made:
I was feeling confident in increasing my targets to 3.5-4R after years of using 2-2.5R
My second trade hit 2R before rolling over (a 3R mistake)
My third trade






















