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DOW
12 years 8 months ago #6512
by remo
on the dow i always place 40 point stops.
That dow trade stop has already activated

With the dow and currency markets its best to use around 40 point stop due to the volatility.
If theres no stops attached then it can become emotional
.
That dow trade stop has already activated
With the dow and currency markets its best to use around 40 point stop due to the volatility.
If theres no stops attached then it can become emotional
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12 years 8 months ago - 12 years 8 months ago #6510
by remo
Im already long on this with a 40 point stop on a first attempt basis.
Its currently fighting The trend line support.
this is a day trade for me and a bit risky as its not the main trend line support.
dl.dropboxusercontent.com/u/4899609/dow5thjune.png
Its currently fighting The trend line support.
this is a day trade for me and a bit risky as its not the main trend line support.
dl.dropboxusercontent.com/u/4899609/dow5thjune.png
Last edit: 12 years 8 months ago by remo.
The following user(s) said Thank You: Traderme
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12 years 8 months ago #6508
by WaveSurfer
Replied by WaveSurfer on topic DOW
+div on 60min
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12 years 8 months ago #6504
by Jackozy
I wouldn't be at all surprised to see 14534 here based on this wave count, the 38 Fib and the support from the wave 4 subwave low at 14444:
dl.dropboxusercontent.com/u/20815047/FTS...Dowdaily05_06_13.gif
dl.dropboxusercontent.com/u/20815047/FTS...Dowdaily05_06_13.gif
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12 years 8 months ago #6502
by jonamacg83
Replied by jonamacg83 on topic DOW
Isn't the chart below showing a H&S top? seems like it retested on the chart below and now should head down towards the target?
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