Posts Tagged dow blog

DOW intraday trading

DOW intraday trading

Stalking the DOW again today.. I am primarily looking for quick profits. I was going to write quick and easy but trading isn't all that easy. However, if you can sense where the momentum is, you can get behind it and ride it a few points. I'm happy to grab a few points where I can and get out as soon as I sense that momentum has run out. I just don't trust the Dow, any sign of uncertainty... GET OUT!!! I put an order to get in at 10320 today and it hit. I was aware of overhead resistance at 1

June 23, 2010 No Comments Full Story

DOW scalp trade for a few points

DOW scalp trade for a few points

I thought I'd have another go at the DOW today since my forex trading yielded a -20 result. I needed to find a way to top up my account! The Dow was moving lower and you can see the resistance line I drew in. The market was bouncing to this line before heading lower. However, at the blue arrow, the market broke the resistance line and I was looking at a possible long entry at 10532. Luckily for me this did happen as the market tanked. I wasn't flexible enough to short at this stage here so I

June 21, 2010 No Comments Full Story