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  1. Slepoy

    Day Trading the Dow Jones

    You too buddy!
  2. Slepoy

    Day Trading the Dow Jones

    As I'm UK based, and because most people viewing this thread are trading ETFs in the US or elsewhere, I think this is probably not the right forum for me to be posting on, so I'm moving elsewhere. Anyone who wants to follow me, throw me a pm and I'll respond. All the best, Slepoy.
  3. Slepoy

    Day Trading the Dow Jones

    Thanks Fonz.
  4. Slepoy

    Day Trading the Dow Jones

    One thing I noticed very quickly looking at my charts was how correlative each time frame was, meaning that whether I am looking at daily, hourly, 15m, 1 minute or 30-second chart, the price action is identical to the point that, if I did not know the time frame, it would be very difficult to...
  5. Slepoy

    Day Trading the Dow Jones

    I'm outa here for a while. Happy trading.
  6. Slepoy

    Day Trading the Dow Jones

    Did anyone out there catch that latest down move?
  7. Slepoy

    Day Trading the Dow Jones

    Looks like she wants more. Looking at my H4 chart, 400 looks to be easily in play if it can break S3.
  8. Slepoy

    Day Trading the Dow Jones

    In a perfect world, I would have exited my short at 510 where I had set my TP, and immediately gone long!:D
  9. Slepoy

    Day Trading the Dow Jones

    One of the main moving averages I am using is the 100 simple, and I have this sitting right on top of today's S3 pivot @ 506. It was where I had moved my TP to before I exited the trade manually. See what happens now that it's been hit?
  10. Slepoy

    Day Trading the Dow Jones

    What I was seeing, and what the guy who castigated me earlier for shorting a bull market was obviously not seeing, was this diversion pattern going on. I watched a very good video on youtube recently explaining how to use MACD divergence, and from what I can see so far, it seems to be a pretty...
  11. Slepoy

    Day Trading the Dow Jones

    Pivot S2 just hit. Will that stop it for now?
  12. Slepoy

    Day Trading the Dow Jones

    Wow, Dow falling hard now. S3 ( 503 ) easily within range today I think.
  13. Slepoy

    Day Trading the Dow Jones

    BTW, the only reason I was able to short the Dow where I did was because I got back from work earlier than usual. I switched on my computer to see my short had been stopped out @ BE by that big overnight push-up, but immediately saw what looked to me like another short opportunity, so very lucky...
  14. Slepoy

    Day Trading the Dow Jones

    Okay, I'm out @ 610, so got the 100 pips I had originally hoped for. A wise move I think as I really have no idea which way they'll take it at the open. Will look for another trade later.
  15. Slepoy

    Day Trading the Dow Jones

    Reset my TP for 31,510.
  16. Slepoy

    Day Trading the Dow Jones

    Just to share a thought. I read in a book that the best traders are not the ones who constantly look for the big moves, but the ones who take what the market has given them and wait for the next trade. Yet here I am holding my position in anticipation of a bigger move when I could already have...
  17. Slepoy

    Day Trading the Dow Jones

    Price just rebounded strongly off of my 15m 200ema which I have at 597. Looking at my hourly chart, this move can fall a long way, but it can also come back a long way first.
  18. Slepoy

    Day Trading the Dow Jones

    So the price is stalling right on the S1 pivot. Tempting to take profits here, but it does look to me like it may well fall further today, so I'm holding for now. I took profits way too early last week on a big down move that I got pretty much from the top, and don't want to be guilty of doing...
  19. Slepoy

    Day Trading the Dow Jones

    Second week of trading. Did a month of backtesting and have settled on a system, for now. I don't think I'm attracted to the short side, it's just that the trading opportunities I've had so far have been on the short side. The main up moves seem to have been during the London session which I...
  20. Slepoy

    Day Trading the Dow Jones

    She's falling again. Tempting to take profits on my 10m 200ema if it gets there, as that sent it back up earlier. I have that sitting now @ 629
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