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DOW - PA, Stops and hedging

  • #521
  • Nov 21, 2024 8:37am Nov 21, 2024 8:37am
Quoting 2be
{quote} DOW short 43535 WRB forming on M15, has formed on M5. WRBs - great things to follow will put stop/or eve BE when in realistic profit that shall be enough for a while, see you later at another + 100 points
covered part of shorts on dow
well over +100
At D pivot shall cover the rest
Make sure losses are small and profits are bigger!
  • #522
  • Nov 21, 2024 8:40am Nov 21, 2024 8:40am
Quoting 2be
{quote} covered part of shorts on dow well over +100 At D pivot shall cover the rest
out at 42322
D pivot hit
Make sure losses are small and profits are bigger!
  • #523
  • Nov 21, 2024 8:43am Nov 21, 2024 8:43am
Quoting 2be
{quote} out at 42322 D pivot hit
long at the pivot
over +100 already
Make sure losses are small and profits are bigger!
  • #524
  • Nov 21, 2024 8:53am Nov 21, 2024 8:53am
Quoting 2be
{quote} long at the pivot over +100 already
+200 and out
Make sure losses are small and profits are bigger!
  • #525
  • Nov 21, 2024 8:54am Nov 21, 2024 8:54am
Quoting 2be
{quote} +200 and out
waiting for another log on dow
Make sure losses are small and profits are bigger!
  • #526
  • Nov 21, 2024 9:01am Nov 21, 2024 9:01am
Quoting 2be
{quote} waiting for another log on dow
after harvesting a mouth watering numer of points (profits), having a break for a while
Make sure losses are small and profits are bigger!
  • #527
  • Edited 9:31am Nov 21, 2024 9:18am | Edited 9:31am
Quoting 2be
{quote} after harvesting a mouth watering numer of points (profits), having a break for a while
only longs on dow for me atm
flat for a while
smelling a rat
H4 and M30 a poss PB, so I am flat
do not have guts to short DOW atm
Make sure losses are small and profits are bigger!
  • #528
  • Edited 11:00am Nov 21, 2024 10:43am | Edited 11:00am
Quoting 2be
{quote} only longs on dow for me atm flat for a while smelling a rat H4 and M30 a poss PB, so I am flat do not have guts to short DOW atm
I am done with longs on DOW at above 43820 for a while, closed all longs
Looks like Elon has put some of his engineering into the back side of the DOW, great takes off and controlled landings, in order to repeat the cycle.
Missed D Pivot established on the 14th November almost hit, within few points, partly the reason to close longs, as well as hitting fib band upper zone
VIX and USD index rising, zo out of caution get out scenario
control landing in progress into the support zone
here we go again and so and so the dance goes on
Thank you Elon!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: DOW M30 sessions 14 2024-11-21_164511.png Size: 89 KB

DOW not aligned that well with NASDAQ and S&P500 so ...
Make sure losses are small and profits are bigger!
  • #529
  • Nov 21, 2024 11:59am Nov 21, 2024 11:59am
Quoting 2be
{quote} I am done with longs on DOW at above 43820 for a while, closed all longs Looks like Elon has put some of his engineering into the back side of the DOW, great takes off and controlled landings, in order to repeat the cycle. Missed D Pivot established on the 14th November almost hit, within few points, partly the reason to close longs, as well as hitting fib band upper zone VIX and USD index rising, zo out of caution get out scenario control landing in progress into the support zone here we go again and so and so the dance goes on Thank you...
Attached Image (click to enlarge)
Click to Enlarge Name: DOW M13 Sessions of the S zone2024-11-21_175732.png Size: 62 KB

Another great move up on DOW from the S zone
Make sure losses are small and profits are bigger!
  • #530
  • Nov 21, 2024 12:21pm Nov 21, 2024 12:21pm
Quoting 2be
{quote} {image} Another great move up on DOW from the S zone
aiming at the big round number on DOW
we shall see
PT 44025 zone
Might not get these. only 50 points to go
our at 980
Another +280 points on the initial position
Added lots as DOW gone up
Make sure losses are small and profits are bigger!
  • #531
  • Nov 21, 2024 12:29pm Nov 21, 2024 12:29pm
Quoting 2be
{quote} aiming at the big round number on DOW we shall see PT 44025 zone Might not get these. only 50 points to go our at 980 Another +280 points on the initial position Added lots as DOW gone up
Looks I might be done for a while, unless a reasonable PB, and a fresh attempt to the BIG ROUND NUMBER
we shall see
Make sure losses are small and profits are bigger!
  • #532
  • Nov 21, 2024 12:33pm Nov 21, 2024 12:33pm
Quoting 2be
{quote} aiming at the big round number on DOW we shall see PT 44025 zone Might not get these. only 50 points to go our at 980 Another +280 points on the initial position Added lots as DOW gone up
I have missed the + 20points by being a bit impatient - have to live with that
Make sure losses are small and profits are bigger!
  • #533
  • Edited 4:59pm Nov 21, 2024 3:32pm | Edited 4:59pm
Quoting 2be
{quote} I have missed the + 20points by being a bit impatient - have to live with that
Another very busy day
Traded after London Open and before US open - large swings, traded both ways, took advantage of the usually unusual moves inspired by ... possibly MM .... who knows, what is sure that they were there and gave huge profits
Than came NYSE open and good intra day swings were there, taken more longs that shorts during the session
What has been an important part of todays trading - when there were signals of the possible smaller PB, large profits have been taken at the points/price zones I pay attention to, these they have been mentioned on many occasions
Over the last few weeks I have added another indicator to M1 and M5 - at this stage it is too early to say anything about it, but it seems to be suiting intra day / scalping type trades. Some of these scalping trades harvested over 200 points, some scalping!!!
Attached Image (click to enlarge)
Click to Enlarge Name: DOW M30 sessions 15 2024-11-21_212435.png Size: 104 KB
Make sure losses are small and profits are bigger!
  • #534
  • Edited 3:34pm Nov 22, 2024 2:46pm | Edited 3:34pm
Quoting 2be
{quote} Another very busy day Traded after London Open and before US open - large swings, traded both ways, took advantage of the usually unusual moves inspired by ... possibly MM .... who knows, what is sure that they were there and gave huge profits Than came NYSE open and good intra day swings were there, taken more longs that shorts during the session What has been an important part of todays trading - when there were signals of the possible smaller PB, large profits have been taken at the points/price zones I pay attention to, these they have...
DOW a close repeat of yesterday, great trading opportunities before US session and during the US session
Attached Image (click to enlarge)
Click to Enlarge Name: DOW MTF 2024-11-22_204427.png Size: 206 KB

Attached Image (click to enlarge)
Click to Enlarge Name: DOW Daily DT 12 2024-11-22_210013.png Size: 71 KB

Attached Image (click to enlarge)
Click to Enlarge Name: DOW M30 sessions 2024-11-22_210126.png Size: 102 KB


Intra day on short TF very effective on day like today

Next week Thanksgiving Thursday
Make sure losses are small and profits are bigger!
  • #535
  • Edited 4:19am Nov 25, 2024 3:09am | Edited 4:19am
Quoting 2be
{quote} DOW a close repeat of yesterday, great trading opportunities before US session and during the US session {image} {image} {image} Intra day on short TF very effective on day like today Next week Thanksgiving Thursday
DOW is already over 2900 points higher from 4th Nov Low
then PB and since 19th November almost 1700 points up, that is some motoring up.

Attached Image (click to enlarge)
Click to Enlarge Name: DOW Daily DT 2024-11-25_090245.png Size: 69 KB

Attached Image (click to enlarge)
Click to Enlarge Name: DOW H4 DT 2024-11-25_085931.png Size: 56 KB

Attached Image (click to enlarge)
Click to Enlarge Name: DOOW MTFs 2024-11-25_090351.png Size: 201 KB



Last Thursday and Friday - thousands of positive points were available with DOW ATR hitting around 600 points a day
Intra day PA has been very consistent
Attached Image (click to enlarge)
Click to Enlarge Name: DOW M30 essions 012024-11-25_085632.png Size: 93 KB


Gaps on DOW atm
There is always a choice to trade aggressively using shorter TFs M30 - M5 /M15 - M1 or less aggressively D1 if one is patient enough, that H4 - M30
PA and S/R principles apply to both
Attached Image (click to enlarge)
Click to Enlarge Name: DOW M30 Sessions 02 2024-11-25_091116.png Size: 85 KB


Looks great in preparation for the Thanksgiving!
Make sure losses are small and profits are bigger!
  • #536
  • Nov 25, 2024 7:07am Nov 25, 2024 7:07am
Going through your journals, it seems we have a similar way of trading and also the same pair as i also trade only us30.

So am thinking of posting my trade analysis here too, if that will be okay by you.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #537
  • Edited 8:39am Nov 25, 2024 7:55am | Edited 8:39am
Quoting martinez1
Going through your journals, it seems we have a similar way of trading and also the same pair as i also trade only us30. So am thinking of posting my trade analysis here too, if that will be okay by you.
Hi martinez
That is perfectly ok with me
You are very welcomed!

First page is the most important as I periodically update with things I fend useful.
Do not torture yourself by reading the whole journal, the last 5 or so pages should be plenty, as long as the concepts mentioned on the first page are taken care of ether accepting the utility of them or rejecting them in relation to your trading strategy.
I am not insisting nor suggesting reading all posts, it is a journal and some wandering is certainly there with postings to prove it.
In trading profits are more important, being right is fine but less important than profits.
Wishing you many positive points.
Make sure losses are small and profits are bigger!
  • #538
  • Nov 25, 2024 8:40am Nov 25, 2024 8:40am
Closing longs 44800 zone
Attached Image (click to enlarge)
Click to Enlarge Name: DOW Daily DT 2024-11-25_144147.png Size: 68 KB
Make sure losses are small and profits are bigger!
  • #539
  • Edited 8:59am Nov 25, 2024 8:49am | Edited 8:59am
Attached Image (click to enlarge)
Click to Enlarge Name: DOW M15 sessions 2024-11-25_144624.png Size: 77 KB

Thinking to short DOW to close the gaps
Bitcoin is going down after hitting 99k area
shorting is very dangerous, only short after some kind of confirmation and aligning with H4 and M30


DOW can easily hit the BBIIGGGGG number above and Bitcoin is shall hit 100k, so one needs to be careful and keep the profits, still few days left this week, we shall see
Make sure losses are small and profits are bigger!
  • #540
  • Edited 11:43am Nov 25, 2024 9:40am | Edited 11:43am
Quoting 2be
{image} Thinking to short DOW to close the gaps Bitcoin is going down after hitting 99k area shorting is very dangerous, only short after some kind of confirmation and aligning with H4 and M30 DOW can easily hit the BBIIGGGGG number above and Bitcoin is shall hit 100k, so one needs to be careful and keep the profits, still few days left this week, we shall see
Have scraped short on DOW for +80 points
Gaps shall eventually close, but not necessarily today
There shall be some profit taking before Thanksgiving kicks in proper
for me and a break
Make sure losses are small and profits are bigger!
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