Dow Jones Industrial Average is the oldest index in the world.
The index always shows what is happening with the US economy - the largest economy in the world.
Let's look at the chronology of important economic events since 1916:
1916 Lusitania - Sunk by German Submarine / Emergency Revenue Act - Includes Estate Tax
1917 US Formally Declares War on Germany
1918...
All index traders trade it...
But do we know anything about The Dow Jones?
I'm going to break down what it is, some interesting facts about the Index and what companies makes up the index.
Save it because it's all you need for the Dow Jones.
WHAT IS THE DOW JONES?
The Dow Jones 30, or DJIA or "The Dow" is a stock market index that reflects the performance...
In this analysis I'll be shedding light on my own theory on:
- How President Trump's Covid-19 Positive news may impact the market
- Similarities and differences in historic cases
- Why Trump possibly announced his testing positive so quickly
Trump's Testing Positive
- Trump testing positive for Covid-19, 4 weeks before the presidential elections, is not good...
Private trade we took
Cannot upload everything we analyse - but this one was necessary as the target is was left to its own device here.
We only used a 0.5 contract to run to the target
and closed the other 1.00 before at target I.
The reason for the trade?
W bottom formation - included a double bottom on the 15min pattern.
We entered early and then as the...
Dow Jones is the oldest index in the world.
This index always shows what is happening with the US economy - the largest economy in the world.
Soon can be a new crisis and the question why this is happening? people will have many answers
But I'm not talking about that
Each crisis created new technologies and new companies, and the people who created or invested...
Hello traders
I. Wisdom of the day
I heard a lot of trading saying that trading INDICES (CFD) is only interesting when the USA wakes up.
Nothing could be further from the truth...
It's not common knowledge that the DOW JONES/SPX500 often give an interesting move when the Europeans wake up.
This interesting trade often happens between 6:30 and 8:30 am...
It is important to understand that primary trends of stocks, bonds, and commodities are determined by the attitude of investors during unfolding of events in the business cycle. An understanding of the interrelationship of credit, equity, and commodity markets provides a useful framework for identifying major reversals in each.
MARKET MOVEMENTS AND BUSINESS...
