we have to reverse to 6565 on ftse in the very near future i believe
You can tell you are a veteran trader Tar.Its always good to get out if the movement isnt going as planned.I had a nice swing trade yesterday but i got out with a small loss as the market didnt move to my expectations-when i next looked the dow was well up and my ftse trade would have been well in profit.I risked 20 , short at 58 sl 20 - points away - , many times i make multiple what i risk , but it was dull and choppy so i got out ...
You can tell you are a veteran trader Tar.Its always good to get out if the movement isnt going as planned.I had a nice swing trade yesterday but i got out with a small loss as the market didnt move to my expectations-when i next looked the dow was well up and my ftse trade would have been well in profit.
Tar are you more conservative with your trading now after years of experience or do you still trade heavy.
for the love of god, I'd like to see 10190 on Dax
Are you long dow jessi
I know what you are thinking..... I was in the same page... that dax will test channels support line... but came near two times and bounced backed....
chart posted last weekendthese chart inputs seem to give the right feel of the dow price action
4 hour close plot
see..we entered a new downtrend on 13 jan..its recoiled and we have a bull test in 17600 area and above
there is lots of other horizontal supp/res which has not been put on
US index look pretty negative compared to dax..imho
same again..any move must be supported
long sp full 10.60
sl 25
now on the IG website
"Losses can exceed your deposits"