buy the dow. big divergence. 1000 points move!
Big MACDH divergence here on the hourly dow futures chart, in a uptrend...
Expecting the bull flag here to be tested, then first red resistance line above. Dow still has not reached its ATH yet (Nasdaq and S+P have). I expect this divergence with strong manufacturing data today will be the catalyst for a possible 1000 point move here.
Stop at the hourly divergence low.
Expecting the bull flag here to be tested, then first red resistance line above. Dow still has not reached its ATH yet (Nasdaq and S+P have). I expect this divergence with strong manufacturing data today will be the catalyst for a possible 1000 point move here.
Stop at the hourly divergence low.
Commentaire:
here we can see the attempt at the breakout right at the closing bell. I've taken 80% of my profits here (where I've circled) as I'm mainly a day trader. Happy to hold a little overnight waiting for the bigger move.
Commentaire:
another day another step closer to the ATH. I added again to longs today and again closed out 80% at market close.
Trade fermée: cible de profit atteinte:
Bit delayed writing here sorry but wow we saw 1000 points move from the low in just 48 hrs b4 the huge sell of. No ATH yet but wow what an awesome trade
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
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