Shorted @ 1369.25, Stop @ 1384.00 Whatever news was announced, the market swung up and reversed massively. I recognize it as a serious threat...
I pulled my stop up to 1351.75. Currently sitting on $2,000 unrealized gains which is a very handsome reward for two days and one click of a mouse...
Bought @ 1340.00, Stop @ 1326.75 The market is shifting back to an uptrend pattern in the 1H time frame. Stop is placed at the trough created...
Here we go again. Amazing gains of that long position evaporate, leaving me with some remains. Nevertheless I am reaching all time highs in my...
On a side note, here is my current assessment of the SPY. [img]
Many thanks, Stok. There is actually one single source that expands on the Dow Theory in detail, and which highly correlates with my philosophy of...
Can you elaborate on it with an annotated chart? I don't see any relevance in them in the context of trend patterns according to the Dow Theory.
Interesting that you totally ignored the higher timeframes 4H D and W. They are tremendously helpful. I'm just saying.
Adjusted stop to 1351.50.
That was a weird move. Thankfully it created a striking needle to adjust my new stop to. I moved it higher to 1338.25, nearly eliminating my risk...
That's an interesting remark, chrisjs87. Let me run through it quickly: Market First Quote Close 07/13/12 Points USD %...
Many thanks, vinc, will gladly do. @Humpy: Have you been able to capture the move? Although we went lower at first, your scenario posted...
Here is the updated performance plot. [img]
Bought @ 1339, Stop @ 1329.50 Reversed at this level as the bulls took over and broke the downtrend channel drawn in an earlier post. Realized...
Adjusted stop to the relevant peak in recent price action 1343.50 and sitting on about 20pt unrealized profits. Truly pleasing market activity :)
I notice the very same. What's vicious about those end of day rallies is that they appear quite potent indeed, but often fail to break any...
Still in my short position since yesterday and sitting on around $450 unrealized profits. Very tiny and vulnerable for the time being, but let's...
Shorted @ 1341.50, Stop @ 1357.50 I'm in a new short position after a very visible peak was created earlier (where the stop is placed at). A...
Adjusted stop on my ES position to 1338. Gold is offering a very interesting setup which I want to take. Look at this: [img]
Trading idea for Gold. [img]
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