Posts Tagged trading dow jones

Some Simple DayTrading on the DOW

Some Simple DayTrading on the DOW

  I haven't daytraded for ages but sometimes I am tempted and today was one of those days. You can see where I've drawn a horizontal S/R line.. this tied in very nicely with the days price action and I was essentially looking for a break or rebound up  at this level. As the price broke below, I quickly went short and took a few points before it headed upwards. As it breached, I went long but lost a few points as it headed down. Then it became clear that it was going down so I sho

October 13, 2014 1 Comment Full Story

DOW trade stopped and then fell.. would have hit my target!

DOW trade stopped and then fell.. would have hit my target!

This was most annoying. I had sold the DOW last night as you know with a 50 point stop and target. The price moved up and took out my stop before it plumetted.. it would have hit my target as you can see nicely. It's always difficult to know where to put your stop.. it can always be either too tight or too far away.. you just have to stick to your plan. In fact, I think in the coming days we may see lower prices.. all markets seem primed to move lower but they will do what they need to do

September 25, 2012 No Comments Full Story