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DMA Trader - Trading System

  • #21
  • May 4, 2020 12:57am May 4, 2020 12:57am
Quoting DMA Trader
S&P 500 (SPX) Since the Earnings season is almost done, but i still have to read a lot and also Berkshire meeting is today i am jumping directly to conclusions Simple 6H chart, to the battle field area. we are near the bull trend area in daily and also on a channel started since March lows. So 2800 on cash is support while above 2900 to 3000 is resistance. TF are conflicting so is COT report with a lot of players on short side and others on longs Earnings are done and problem is from this perspective few companies give us guidance for this Q even...
SPX

ES f - open lower than support and even lower on daily, i will wait to see how US session goes before any decision. from a short perspective ES f hit a resistance near 2805 so that level for shorts need to be defended but gap is big so we will see 1h after US opens.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #22
  • May 4, 2020 12:58am May 4, 2020 12:58am
Quoting DMA Trader
Last chart for now. i rather be consistent every week than post a lot of charts and the pause for weeks. Anyway this is weekly EUR/USD I am still a bull in USD so long story short black lines are monthly trend-lines red are weekly we got to a monthly black trend-line near 1.10 area - trend line is coming from January 2018 and once was breached in april 2018 (2 years ago) acted like a very strong resistance each time. as you can see on red arrows it was breached once in march and then acted as a support for a week than prices come back and close...
We went below 1.1 again and broke some supports. now we have 930 S and 900 for other shorts to join. important resistance at 960
so stops for short should be above 960.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #23
  • May 4, 2020 1:00am May 4, 2020 1:00am
Quoting DMA Trader
USD/CAD LONG Until i have time to organize my charts so the are not very nosy with a lot of stuff on them i am posting a more clear chart 2day (daily is with lot's of staff) this is a trade i like and will be probably profitable fast. buying now or near 1.405 (better entry) or a little bit lower to target 1.44 (3xx pips) with a stop near 1.38 if 200 p is to much for your stop try to enter as low as can possible near 1.405 and exit with stop 70 p below. it really depends on how markets trade Sunday night to Monday so 70p stop for at list 200 (1.41...
this one looks good and i like PA.
on USD/CAD sometimes move are bigger and fast so instead o waiting to have a full position you can open a smaller one and wait for a pullback.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #24
  • Oct 12, 2025 11:24am Oct 12, 2025 11:24am
Oh wow. Lol
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #25
  • Oct 12, 2025 12:37pm Oct 12, 2025 12:37pm
Right before Market opens
Attached Image (click to enlarge)
Click to Enlarge Name: 217.jpg Size: 179 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #26
  • Oct 12, 2025 4:46pm Oct 12, 2025 4:46pm
My personal opinion for this week is that we must be extremely cautious, avoiding high risk. There are a lot of weekend wounds, rage trades, and revenge trades, but the market simply doesn’t work that way.

At first, expectations are that equity markets will open higher and probably continue to rise after Trump and Vance tried to calm the markets. However, things are not that simple.

In my view, this week it’s important not to use margin and not to believe everything said in the news.
Earnings season is also starting, and expectations for Q3 are huge, especially in the financial, technology, and AI-related sectors. The problem isn’t whether companies will beat estimates, it’s that we’ll need exceptionally strong results for stocks to move higher.

That means results well above expectations.
As for EUR/USD, I think we must also be patient. We went to sleep on Friday amid full panic, and we wake up today with everything looking rosy. In reality, it’s not that simple — the market will show us the direction. But under no circumstances would I increase margin or take big risks until things settle clearly in one direction or the other.
Have a good week ahead.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #27
  • Oct 20, 2025 3:58pm Oct 20, 2025 3:58pm
I don’t have time to write much because of earnings season,
but here are a few important levels:
1 - Gold: as seen in my signature, it has passed 4000. I think a consolidation pause here between 4000–4400 is normal. I don’t believe we should rush in any direction yet.
2 - SPX: positioned very well today to reach at least the all-time high around 6810, but I believe we’ll see 7000 either this year or next; no need to hurry.
3 - EUR/USD: quite weak over the past few days. I’d watch 1.1640 closely; although it looks like it wants to break it in the short term, we must stay calm. I previously wrote that after reaching 1.18, we would likely see a range. It might still have a chance to reach 1.20, but we’ll take it day by day.
4 - USD/JPY: consolidating within a bullish trend. I’m waiting to see a few hourly closes above 151 before targeting higher levels.
5 - Bitcoin: after the big drop, it’s consolidating. I’d say the first important level is 113,000; let’s see if it can hold above that.

Have a beautiful day and a great trading week ahead.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #28
  • Last Post: Oct 22, 2025 2:48am Oct 22, 2025 2:48am
1. Gold did exactly what I said, a wide range between 4000 and 4400, and today it tested the 4000 area.
Even though we’re bearish in the short term, let’s not forget that the larger trend is bullish.

3. EUR/USD

There is very strong support on EUR/USD around the 1.16 area, which is an important level, if we lose it with a daily or weekly close below, it is a problem. I’d say that beyond the short time frames we’re still safe with 1.16 for the bulls.

On the daily chart, things don’t look that great since there’s already a downward trend from the 1.19 high after the FED meeting.
However, the support is visible even on the daily chart. On the smaller time frames, we’re clearly talking about a downtrend, but we can already see buyers stepping in at 1.16.

I think a bear trap could be set if they rush to go short just slightly below 1.16, apparently on a confirmed break.
That’s why I mentioned in recent days that there’s risk on both sides, for longs, we need to be much higher, but there are already bulls here.

I’d lean toward a long position, but only higher, above 1.165, so probably still a pause for me.
I don’t rule out the short option either, but I’d like more confirmations, and the main trend is still bullish.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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