Will the Dow not tank with Fridays NFP report, which will include all the government shutdown malarkey
hmm dow is getting very close to my 751?
less than 1 pt away pro's bought it into the close god bless them
when we use pivots markets are totally rational.
pivots identify direction and ranges tell us how far it will go. Pivots force us to follow market and not impose our thinking onto it.
still short 5pts from 751 target
.................Well, no other person better than you can tell if pivot works or not..................
Nope, pivots don't work - it's SD that works.
His pivots are just places, for him, where he is prepared to make an assumption about the market. When his assumption pans out he takes adequate advantage, when it doesn't he limits disadvantage. No magic in the lines, just good trading.
Pivots and every other line imaginable. Nothing "works"- it is a point of reference and your trading ability that does it. The same with SD, too. SD of what? The point one uses to calculate SD is different for different traders, too.
Successful traders who use these points and swear by them are, really, selling themselves short. It is their ability that does it.
Apparently SD is now a system.
SuddenDeath, you have been dehumanised, you are now one of the algos.
Just to be clear to any newcomers SD is short for SuddenDeath the poster, not a signal.
Well my Dow shorts are looking much better this morning.
Now if only that Dax can move upwards.
A rate reduction by the ECB would change thatDOW going to touch that red line in my chart...
Overall market looks very gloomy to me so I expect down side ....
A rate reduction by the ECB would change that
DOW going to touch that red line in my chart...
Overall market looks very gloomy to me so I expect down side ....