Hung - nice use of the candle terminology. You really should use WS for these little adventures of yours on the Dow, I'm confident you would have more luck, as you would have more faith in your trades for the simple reason that you would be able to cut the loss within a matter of a few seconds for little in the way of a loss if it does not take off as you expect it. You'd be having less of those 2-3 point losses. You need to learn to trade on price a little first with WS, but once you get the hang of it then there's points to be had. With fins your four down before you even get out of bed, it eats you like a pirhana.
HAd a good day today, rounded off a good week. Took a short straight off the open as it was obviously going to dip. I must say that there was significant divergence between the future and the cash in that first hour, I ended up trading the price ticker on the future rather than looking at the charts it was that different. At one point cash dropped about 30 points about 15 mins into the session and the Sept didn't budge. The sooner I have enough equity to go DA with either an e-mini or with FB the better, but I'm not sure I'd be able to get the charts through "the wall" at work. At the moment my needs are being met with the point spread and, touch wood, not got any issues with being referred as yet, but I trade only small fry, 1 or 2 points a go.
Following the open I then took another nice move during the lunch session when it's usually deathly quiet. No others to speak of, a 1, a couple of 2 & a 3 point gain along with a BE brings the days points tally to 34 and the weekly tally of 73.
I have many areas for improvement, but as a general rule I am happy with the progress I am making. I have grown my account by 42% since I started this day trading the Dow lark again on 13 June and I've got to be happy with a 42% return in 3 weeks. I'm slowly moving through those threads and the Ross material on 1-2-3, Hooks and TTE so that I can expand my market. I would ideally like to have the option to trade the currencies in a similar way so that I am not tied to a set market hour, 3-5 and 7-9 each day, I'd like the option to trade the close of asia and the open of europe in the currencies as well, so long as I have tested the water effectively enough to uderstand how those markets move at those times so early in the morning.
Of course, I still have the EOD, but I am questioning whether that is a good use of my time at the moment, as I am making good strides at this moment in time on the Dow.
I will try and post some comments on the state of play in the markets I review for my EOD strategies over the weekend, some carnage and rampaging going on in those, Cocoa has really taken off in recent weeks and I'm thinking that SUgar may follow. Also a bounce from on high after NFP for Crude, what will the implications be there and will we see £76 - $77 next week. Also, is Copper due a run and are the metals ready to carry on with the bull run. Metals had a big down again today at some resistance levels, but there were a number of downside reversals today. I'll review and try and post something, as this quick post has really gone on now!!! Time to sit back with a glass of Yalumba Viognier and chill.
Have a good weekend all.
Chris
The issue here is when to leave the DOW alone and when to trade it. I left it alone during the last hour and rightly so. 
