Posts Tagged trading the dow

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

Todays day trade on the DOW

Todays day trade on the DOW

September 30, 2008 No Comments Full Story

Hanging in there on the DOW is almost impossible

Hanging in there on the DOW is almost impossible

Despite my last email about the DOW and what a bad instrument it is to trade, I just could not keep my eyes off it. Watching the DOW move is addictive and I found myself drawn to it again like a drug. It's movements are huge and if you get on the wrong side of it, it is extremely satisfying. I entered again, a short at 10993 as the long pattern broke down and with 30 minutes to go before the markets closed, I felt this was going to be a decent move but I just could hang on and I closed for a

September 23, 2008 No Comments Full Story

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