Dow Jones DFB Intraday Live

[molodyetz]

short 173, SL 50

 

[molodyetz]

short 173, SL 50

brought my SL down by 10 pips.

 

[molodyetz]

brought my SL down by 10 pips.

another 10...diminishing risk but won't move to BE until it hits 100, if it hits 100.

 

[molodyetz]

Okay, it just touched 32,100, so I've moved my SL to BE, and hope I haven't moved it down too quickly, but it feels good to know I cannot lose on this trade. Not sure of a TP just yet, but I'll post one as soon as I have one.

 

[molodyetz]

I think I'm going to TP on R1 if it gets there, unless it blasts straight through.

 

[molodyetz]

100 pips thrown away. Knocked out at BE. A hard lesson!

 

[molodyetz]

Looking to short again...

 

[molodyetz]

short again from 212, SL 50

 

[molodyetz]

short again from 212, SL 50

bailed at BE. Momentum still up, so staying out for now.

 

[molodyetz]

May be one last short opp building....

 

[molodyetz]

May be one last short opp building....

No, nothing on. Will learn from today's mistakes and live to fight another day. Ideally, I should have taken profits on my short, then re-entered with the trend in my favour, but that sounds easy enough, which it is not obviously.

 

[molodyetz]

short 220, SL 50. One last try.

 

[molodyetz]

short 220, SL 50. One last try.

out 230...just does not want to fall.

 

[molodyetz]

I've noticed that Thursdays are days for big moves with loads of volatility. After today, with the price being bought strongly after every small dip, tomorrow the price falls, surely. I'm not working tonight, so I'll check out the Asian session, but tomorrow looks like a down day to me, in my own humble opinion of course.

 

[CharlieB]

Morning! Trading long this current bounce of yesterday's new york high looking for 460

 

[CharlieB]

...and out at 360 ... now this could be happening:

 

[molodyetz]

My 15m chart showing the NY open dip to the 100sma. I thought about buying here, but strangely I seem averse to jumping in with the trend following a pullback to support such as we saw today, something I'm going to have to learn. On the daily chart, Dow is now in the clear with the way open, the sky being the limit as they say. I won't be making any pointless predictions as I did last night forecasting a bearish day, and will just focus on trading the opportunities as I see them, bearing in mind that the trend at the moment is strongly up.

 

[molodyetz]

No time to look at Dow today. Super bullish though and 33,000 looking well in its sights. for next week.

Hopefully back on Monday, and it would be great to hear from one or two more Dow traders next week, as I know they are out there.

Wishing everyone a pleasant weekend.

 

[CharlieB]

A good buy for intraday here imo

 

[CharlieB]

bear push to 32800 probably see a few more bids