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6 years 1 month ago #16296 by AdeMcG
Replied by AdeMcG on topic DOW
evening all....long time since I recovered my password here :) :)

Good to see the good old original names I remembered and valued.

Action on the Dow recently and indeed the major indices has been frantic...perhaps that panic selling may well start soon.

Keep safe one and all !

Ade
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6 years 1 month ago - 6 years 1 month ago #16295 by Trendfriend
Replied by Trendfriend on topic DOW
short again...26343...

its gonna get dumped....real sign of weakness from the fed today...desperate stuff imvho...
Last edit: 6 years 1 month ago by Trendfriend.

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6 years 1 month ago #16294 by Trendfriend
Replied by Trendfriend on topic DOW
www.bbc.co.uk/news/business-51726954

stopped out!

short order in 27400...but i'll again if we go below todays low 27350....
this is still going down imvho....but knowing which way its going and trading it succesfully are two different things!

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6 years 1 month ago #16293 by remo
Replied by remo on topic DOW
There’s some crazy moves both ways currently...

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6 years 1 month ago #16292 by Trendfriend
Replied by Trendfriend on topic DOW
added another short at 26568.3....stop 26800... gap resistance....no moving this stop....today :pinch:

larger position here so lets see...i think this is set for a red day imvho....
atb
trendfriend

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6 years 1 month ago #16291 by Trendfriend
Replied by Trendfriend on topic DOW
dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...AaI9RM+BkEmbSmGaZdE=

The dow can make you doubt your Analysis and thinking....because it can push you hard both ways when it goes up or down.....
off course a line in the sand is important....for me its the 200 day ema line on the daily....at 27,400 area....
another key level is 27200 which is the 50 day ema line on the weekly chart....
i'm convinced this will come down.....but should have waited for key levels....
I was on the right side of the market by going long on Friday....but closed my longs way too early...and went short....
My 2 shorts are small...but deep under now.... :huh:
i think i wait wait for 27200 and 27400 before adding larger shorts with tight stops...

The second wave of selling is usually stronger than the first imvho....because it has real panic in the market.....lets see
atb, wdik, dyor,
trendfriend :)
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