Day Trading the Dow Jones

Discussion in 'Journals' started by Slepoy, Feb 5, 2021.

  1. cvds16

    cvds16

    took +50 on my short
     
    #71     Feb 11, 2021
  2. Slepoy

    Slepoy

    I'm holding....
     
    #72     Feb 11, 2021
  3. Slepoy

    Slepoy

    Out 320
     
    #73     Feb 11, 2021
  4. Slepoy

    Slepoy

    Holy cow...I just bagged myself 118 pips. Don't care what it does now. No more trades today.:D
     
    #74     Feb 11, 2021
    Fonz likes this.
  5. Slepoy

    Slepoy

    What I learnt today was this.

    My first post today was that to me it looked like the Dow was going to fall today. I was right, but, the price spiked up first, knocking my short out, and I reckon a good few other traders. Was this market manipulation to hunt stop losses? I don't know, but it sure looked like it to me.

    Did I just exit my short too early? obviously yes, but I exited on my 30m 200exponential moving average, which sent the price back up yesterday, so it was a calculated exit, and I'm very happy with that.

    BTW, as I work nights, I'm only ever here for the New York session, and I shall try and get to my computer by 13.30 London time, or 14.00 at the latest.

    Hopefully be here tomorrow.
     
    #75     Feb 11, 2021
  6. cvds16

    cvds16

    the downmove ain't over yet, I am short at this point targeting the previous low at 31281
     
    #76     Feb 11, 2021
  7. Slepoy

    Slepoy

    I think you're right. I think it could be targeting 140 or so, maybe today's S2 pivot at 075.
     
    #77     Feb 11, 2021
  8. cvds16

    cvds16

    and again short at 31314
     
    #78     Feb 11, 2021
    Fonz likes this.
  9. cvds16

    cvds16

    still sitting on that short and targeting the low of the day
     
    #79     Feb 11, 2021
  10. Slepoy

    Slepoy

    :thumbsup:
     
    #80     Feb 11, 2021