A post from one year ago today.
It was a Monday!
Ahhh those were the days.
Long Down 904
-45 That took a big chunk out of todays profits.
I should never be afraid to take a 'small' loss as someone might say. Beats hanging on to a bigger one.
I guess it depends on a trading style, time frame etc. If I was to buy dips, I would've waited for that short time downtrend to end before buying (I attached a chart with a possible long entry). That way there is a clearly defined risk (stop below the last higher low)
BTW that downtrend was lovely for shorts - lower highs and lows (well behaved)
Risk is always there. It looks very easy when you see past data.
that was an interesting 8am open for the dax
that was an interesting 8am open for the dax
Dow futures, and ftse all up from 7am.
Dax below 7am level, I think theyre going to have fun with the punters on the open before going back up.
Dow futures, and ftse all up from 7am.
Dax below 7am level, I think theyre going to have fun with the punters on the open before going back up.
Dow futures, and ftse all up from 7am.
Dax below 7am level, I think theyre going to have fun with the punters on the open before going back up.
I was composing sweet cheeks