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Trading An Edge...

  • #2,621
  • Jan 28, 2021 5:58am Jan 28, 2021 5:58am
Quoting Stev1929
Morning Max Long Dax above D-Lo SL to BE {image}
Still going....
Attached Image (click to enlarge)
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  • #2,622
  • Jan 28, 2021 6:26am Jan 28, 2021 6:26am
Quoting Stev1929
{quote} Still going.... {image}
Out +136
  • #2,623
  • Jan 28, 2021 6:34am Jan 28, 2021 6:34am
Quoting Stev1929
{quote} Out +136
nice
  • #2,624
  • Jan 28, 2021 6:35am Jan 28, 2021 6:35am
Quoting MaxDoom
{quote} nice
  • #2,625
  • Jan 28, 2021 8:44am Jan 28, 2021 8:44am
Dow - Long

off D-PP

EDIT: Closed 50% just below W-S1 W-Lo +125
EDIT: Remainder Closed +100

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Find out more about pivot trading, trading with small stops and low drawdown, plus get the Pivot Prof Scanner for free here ► Pivot Prof - Trading An Edge
  • #2,626
  • Jan 28, 2021 8:49am Jan 28, 2021 8:49am
Dow - Short

below W-Lo W-S1

EDIT: Closed BE

Attached Image (click to enlarge)
Click to Enlarge Name: 1f20152b46b91f9ffd5c5e0df224f10f.png Size: 37 KB
  • #2,627
  • Jan 28, 2021 9:03am Jan 28, 2021 9:03am
Quoting MaxDoom
Dow - Long off D-PP EDIT: Closed 50% just below W-S1 W-Lo +125 EDIT: Remainder Closed +100 {image} {image} Find out more about pivot trading, trading with small stops and low drawdown, plus get the Pivot Prof Scanner for free here ► Pivot Prof - Trading An Edge
Beautifully smashed
  • #2,628
  • Edited 9:30am Jan 28, 2021 9:06am | Edited 9:30am
Dow - Long

above W-Lo W-S1
if it can clear D-R1 there is a nice void above

EDIT: Closed 50% D-R1 +60
EDIT: Closed remainder +62

Attached Image (click to enlarge)
Click to Enlarge Name: DJ 21-01-28 Aa.png Size: 24 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 3efa5f5551e4deda17d1a6d8db223839.png Size: 14 KB


Find out more about pivot trading, trading with small stops and low drawdown, plus get the Pivot Prof Scanner for free here ► Pivot Prof - Trading An Edge
  • #2,629
  • Jan 28, 2021 9:18am Jan 28, 2021 9:18am
Long Dax above D-PP (late entry)
SL to BE
Attached Image (click to enlarge)
Click to Enlarge Name: GER30(£)M15.png Size: 31 KB
  • #2,630
  • Jan 28, 2021 9:31am Jan 28, 2021 9:31am
Quoting Stev1929
Long Dax above D-PP (late entry) SL to BE {image}
Out +53
  • #2,631
  • Jan 28, 2021 9:34am Jan 28, 2021 9:34am
Quoting Stev1929
{quote} Out +53
nice
  • #2,632
  • Jan 28, 2021 9:37am Jan 28, 2021 9:37am
Quoting MaxDoom
Dow - Long above W-Lo W-S1 if it can clear D-R1 there is a nice void above EDIT: Closed 50% D-R1 +60 EDIT: Closed remainder +62 {image} {image} Find out more about pivot trading, trading with small stops and low drawdown, plus get the Pivot Prof Scanner for free here ► Pivot Prof - Trading An Edge
Who do you trade the Dow with? I opened an ActivTrades account so I can match your DAX trades but they do not seem to offer the Dow as an instrument.

Thanks
JOHN
  • #2,633
  • Jan 28, 2021 9:41am Jan 28, 2021 9:41am
Dow - Short

below D-R1
it failed to stay above D-R1 for very long, currently consolidating, taken a cheap entry just below R1 in case of a pullback

EDIT: Closed -8

Attached Image (click to enlarge)
Click to Enlarge Name: DJ 21-01-28 Ba.png Size: 19 KB


Find out more about pivot trading, trading with small stops and low drawdown, plus get the Pivot Prof Scanner for free here ► Pivot Prof - Trading An Edge
  • #2,634
  • Edited 10:05am Jan 28, 2021 9:45am | Edited 10:05am
Quoting jwhite8359
{quote} Who do you trade the Dow with? I opened an ActivTrades account so I can match your DAX trades but they do not seem to offer the Dow as an instrument. Thanks JOHN
Hi John
yes they do symbol is called UsaInd = Dow Jones
also UsaRus = Russel
Usa500 = S&P
UsaTec = Nasdaq



watch your bum with the Dow though it can be 3 times the volatility of DAX
  • #2,635
  • Edited 10:27am Jan 28, 2021 9:57am | Edited 10:27am
Dow - Long

above D-R1

EDIT: nicely through this time, SL moved up to BE
EDIT: Closed 50% +89
EDIT: SL on remainder +52

Attached Image (click to enlarge)
Click to Enlarge Name: DJ 21-01-28 Ca.png Size: 25 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 393f94e31126ba41a02626198cf9e1e0.png Size: 21 KB


Find out more about pivot trading, trading with small stops and low drawdown, plus get the Pivot Prof Scanner for free here ► Pivot Prof - Trading An Edge
  • #2,636
  • Jan 28, 2021 10:05am Jan 28, 2021 10:05am
Short I took on DAX off D-mR1, closed +30. Wow 3 times volatility of the DAX! I think the DAX is bad enough :-)
Attached Image (click to enlarge)
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Nnom nnom
  • #2,637
  • Jan 28, 2021 10:12am Jan 28, 2021 10:12am
Quoting haribos
Short I took on DAX off D-mR1, closed +30. Wow 3 times volatility of the DAX! I think the DAX is bad enough :-) {image}
DOW is definately for the disciplined trader. the margin requirements are also higher to reflect the volatility increase
  • #2,638
  • Edited 10:37am Jan 28, 2021 10:15am | Edited 10:37am
Quoting haribos
Short I took on DAX off D-mR1, closed +30. Wow 3 times volatility of the DAX! I think the DAX is bad enough :-) {image}
If I could just add to Max's reply, personally I feel if you get consistent with the Dax over a good period of time it's good training mentally for Dow it's certainly not a set and forget instrument!
  • #2,639
  • Jan 28, 2021 10:25am Jan 28, 2021 10:25am
Quoting MaxDoom
{quote} Hi John yes they do symbol is called UsaInd = Dow Jones also UsaRus = Russel Usa500 = S&P UsaTec = Nasdaq watch your bum with the Dow though it can be 3 times the volatility of DAX
Much appreciated, found it now.
  • #2,640
  • Jan 28, 2021 10:30am Jan 28, 2021 10:30am
Quoting jwhite8359
{quote} Much appreciated, found it now.
excellent.

I tend to keep an eye on the S&P for clues as well when trading the Dow, for instance right now the Dow appears to be in the middle of nowhere - not easy to pick direction

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but the S&P is hitting levels, as they both cover US companies they mainly move together

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