Dow Futures Trading Strategy for 03rd December 2024

Dow Futures Trading Strategy

Buy Strategy:
Condition: Look for the price of Dow futures to close above 45050 on a one-hour candle.
Entry Point: Identify the high of the candle that closes above 45050.
Action: Place a buy order above this high once the one-hour candle has closed above 45050. This confirms that the market is trending upward and you’re looking to ride the momentum.

Sell Strategy:
Condition: Look for the price of Dow futures to close below 44800 on a one-hour candle.
Entry Point: Identify the low of the candle that closes below 44800.
Action: Place a sell order below this low once the one-hour candle has closed below 44800. This confirms a downward trend, signaling a bearish market.

Current Price: The current price of Dow futures is 44880.

Disclaimer: This strategy is for informational purposes only and should not be considered financial advice. Trading involves risk, and you should do your own research or consult with a financial advisor before making any investment decisions.